Europe
Bulgaria continues raids in fuel pricing probe
Bulgarians complain of high fuel costs despite a plunge in global oil prices and a call by Prime Minister Boiko Borisov for the competition authority to speed up its market investigation.
WR Grace to acquire global polyolefin catalyts business from BASF
BASF’s polyolefin catalysts business includes its LYNX high-activity PE catalyst technologies that are utilized commercially in slurry processes for the production of high-density PE resins.
Uganda says Tanzania offers to buy stake in planned new refinery
Uganda has been discussing plans for a refinery for about seven years. It would process some oil from fields it is developing, although most crude would be exported.
Nigeria seeks partners to revive ailing refineries
Africa's top oil producer has been trying to restart its refineries, which hardly produce any petrol due to decades of mismanagement and widespread graft.
Nigeria’s NNPC fights for more crude cargoes to exchange for gasoline
The dispute has delayed some of the country's monthly oil export programs and added to confusion over just how much crude Nigeria has at its disposal to exchange for gasoline.
European refining margins weakened in Q1: Total
Total said that its average refining margins in Europe had fallen to $35.1/ton in the first quarter of 2016, down from $38.1/ton in the fourth quarter of 2015.
ExxonMobil exports first cargo of offshore US oil to Rotterdam refinery
The vessel carrying offshore oil from the US Gulf of Mexico departed from Gramercy, Louisiana, in early April and is expected to arrive in Rotterdam on April 19, according to the data.
IEA warns of crumbling global diesel demand
"Global gasoil demand crumbles," the Western energy watchdog said in its benchmark monthly report. Gasoil includes several different grades of fuel, but diesel is the most important.
Nigeria destroys two illegal oil refineries in Delta
The six people arrested, alleged to have been running a warehouse to store illegally refined products, were arrested in Rivers state. The navy also said it had destroyed two illegal refineries.
Dow Chemical invests in OxyMem’s wastewater treatment technology
The investment will accelerate the commercialization of OxyMem’s promising wastewater treatment technology -- the Membrane Aerated Biofilm Reactor (MABR).
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