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Europe

INEOS to construct PDH unit, increase cracker facilities capacity

INEOS has announced plans to construct a world-scale Propane Dehydrogenation (PDH) unit in Europe. The plant will produce 750,000 tpy of propylene for INEOS units across the continent.

Porvoo is first city in Finland to use Neste renewable diesel in all diesel vehicles

Porvoo is the first city in Finland to start using Neste MY Renewable Diesel, produced 100% from waste and residues, in all of its diesel-fueled vehicles during this year. The municipal engineering department of Porvoo and the free summer bus Rinkeli will start using the product immediately.

Petroplan awarded services contract by Sasol

LONDON — Global oil and gas recruitment specialist, Petroplan, announced they have been awarded a contract to provide consultancy and managed services in the UK, South Africa and Mozambique for international integrated chemicals and energy company Sasol.

China's Unipec to ship jet fuel from Asia to Europe in rare move

SINGAPORE (Reuters) — China's Unipec, the trading arm of state oil major Sinopec, is planning to ship jet fuel from Asia to Europe for the first time in several years, three industry sources told Reuters.

Oil comeback for cut-exempt producers threatens to swamp OPEC

LONDON (Reuters) — OPEC's battle against an oil glut is under threat as unsold crude from members Nigeria and Libya, which are exempt from a global production-cutting deal, is swamping the Atlantic Basin.

Oil shrugs off geopolitical tensions but some see red flags

LONDON (Reuters) — The oil price has ignored rising geopolitical tensions in the Middle East, as a three-year old crude surplus has wiped out any real fear over supply, but one of the world's largest security consultants says there are red flags the market cannot ignore.

Hydrocarbon Processing Awards recognize best in HPI

The downstream industry’s brightest minds gathered Wednesday evening to celebrate the winners of the 2017 Hydrocarbon Processing Awards.

EIA: US remains the world’s top producer of petroleum, natgas hydrocarbons

The US remained the world's top producer of petroleum and natural gas hydrocarbons in 2016 for the fifth straight year despite production declines for both petroleum and natural gas relative to their 2015 levels.

Linde wins major contract for olefin plant in Russia

MUNICH — Technology company The Linde Group has been awarded a major contract by PJSC Nizhnekamskneftekhim (NKNK) to supply an olefin plant in the city of Nizhnekamsk, located in the Republic of Tatarstan in the Russian Federation. Both partners officially signed the agreement in St. Petersburg, Russia.

IRPC Europe '17: Shell case study demonstrates VDU value maximization

VIENNA—On Day 2 of International Refining and Petrochemical Conference (IRPC) Europe, Jock Hughson, Licensing Technology Manager for Shell Global Solutions International BV, discussed how to maximize the value of a vacuum distillation unit (VDU) through a post-fractionation increase of vacuum gasoil (VGO) yield.