Europe
Oil rises after signs of US demand, but supply threat remains
LONDON (Reuters) — Oil rose on Thursday, recovering some ground after a surprisingly upbeat picture of US demand halted the previous day's slide, although the prospect of oversupply in 2018 prompted yet more analysts to cut their price forecasts.
SABIC appoints group to oversee decommission of 10 petchem plants
Work is underway to clear a suite of redundant assets in the North East of England, in one of the UK’s largest projects of its kind.
Asia's booming diesel market draws rare European cargoes
LONDON/SINGAPORE (Reuters) — Oil traders are shipping diesel out of Europe to Asia and the Middle East where strong demand and tighter supplies have boosted prices, in a rare arbitrage that reverses traditional routes.
Saudi Aramco, France's Total study mixed feed cracker
KHOBAR, Saudi Arabia (Reuters) — Saudi Aramco and France's Total are considering building a mixed-feed cracker and derivatives in Jubail, near their joint refining complex, industry sources said.
Oil eases on US holiday after 8 days of gains
LONDON (Reuters) — Oil prices fell on Tuesday, as investors booked profits on an eight-day rally that was triggered by tentative signs that a persistent rise in US crude production may be slowing.
Azerbaijan ships 733,664 t of oil via Russia in H1 2017
BAKU (Reuters) — Azerbaijan's oil shipments via Russia jumped to 733,664 t in the first half of the year from 479,730 t in the same period last year, state oil company SOCAR said on Tuesday.
Total nears deal to invest up to $2 B in Iran's petrochemical industry
LONDON (Reuters) — Total and Iran have reached a preliminary agreement to build three petrochemical plants in a deal that if finalized could see the French oil major investing up to $2 B in Iran, an Iranian oil industry official said on Tuesday.
Tanker and cargo ship collide in Channel, no injuries, spills reported
LILLE, France (Reuters) — An oil tanker and a cargo ship collided in the Channel east of the British port of Dover early on Saturday, but no injuries or pollution were reported, regional French maritime authorities said.
Enhanced flash zone design for coker fractionators
Since the flash zone is the first process undergone by the coke drum effluent vapor upon entering the column, the operation of the flash zone is critical to the operation of the entire coker fractionator column.
Could your facility benefit from a marine terminal assessment?
How sure would a terminal manager at a distribution terminal, or a line manager at a refinery or a chemical plant that has marine loading and unloading docks, be that those docks are being operated at a level that ensures long-term safe performance?
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