Europe
PKN ORLEN opens to a new model of urban mobility
PKN ORLEN has got involved in car-sharing services by becoming the strategic fuel partner for Traficar. As part of this cooperation, in the cities where the service is available, customers will be able to leave or rent a car at selected PKN ORLEN service stations.
Britain's Spirax-Sarco to buy thermal tech firm Chromalox for $415 MM
(Reuters) — Britain's Spirax-Sarco Engineering Plc said it had agreed to buy Pittsburgh-based thermal technology company Chromalox Inc from private equity firm Irving Place Capital for $415 MM on a cash-free, debt-free basis.
Odfjell SE purchases chemical tanker in second-hand transaction
Odfjell SE is pleased to announce the purchase of M/T Argent Eyebright. The vessel was built in November 2009 by Kitanihon Shipbuilding in Japan.
Chevron increases organosulfur capacity at Tessenderlo facility
Chevron Phillips Chemical Company LLC has expanded its Tessenderlo, Belgium plant by debottlenecking its production unit for Ethyl Mercaptan (EM) and Tetrahydrothiophene (THT).
WorleyParsons awarded framework agreement by Refining NZ
Refining NZ has awarded WorleyParsons a 5-yr framework agreement for performance of engineering, procurement, shutdown and construction management services (EPCm) at the Marsden Point Refinery.
OPEC extends oil output cut by nine months to fight glut
VIENNA (Reuters) — OPEC and non-members led by Russia decided on Thursday to extend cuts in oil output by nine months to March 2018 as they battle a global glut of crude after seeing prices halve and revenues drop sharply in the past three years.
Shell shareholders reject emissions target proposal
THE HAGUE (Reuters) — Royal Dutch Shell shareholders on Tuesday widely rejected a proposal by an environmental group calling for the oil company to set and publish annual targets to reduce carbon emissions.
DONG Energy to sell oil, gas business to Ineos for $1.3 B
COPENHAGEN (Reuters) — Danish utility and offshore wind farm developer DONG Energy has agreed to sell its oil and gas business to petrochemicals firm Ineos for $1.3 B, it said on Wednesday, the latest in a string of North Sea deals.
OPEC set to prolong oil cuts as delegates predict smooth meeting
VIENNA (Reuters) — OPEC will likely agree to extend production cuts for another nine months, delegates said on Tuesday as the oil producer group meets this week to debate how to tackle a global glut of crude.
WorleyParsons signs framework agreement with Shell for EPCM services
WorleyParsons announces today that it has been awarded a 5-yr Framework Agreement by Shell Global Solutions International, B.V., for the provision of engineering, procurement and construction management (EPCM) services for Shell downstream projects worldwide.
![](/media/nkzcuz2h/hp-june-2024-process-optimization.jpg?width=100)
- Methanex and Entropy partner to reduce emissions in methanol production 7/18
- Gulf Energy Information appoints Catherine Watkins as Chief Commercial Officer to drive market expansion (1) 7/18
- Abraxas Power awards McDermott ECI contract for Canada's first green ammonia plant 7/18
- ClearSign Technologies to install 26 burners at U.S. Gulf Coast chemical facility 7/18
- CF Industries, POET to demonstrate use of low-carbon ammonia fertilizer to reduce carbon intensity of corn production and ethanol 7/18
- Renewi, Freepoint Eco-Systems to build waste plastic sorting and treatment infrastructure 7/18
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries