Europe
China CNPC completes domestic pipeline to receive more Russian oil
(Reuters) — China National Petroleum Corp completed the last welding of a 941.8-km pipeline in northeast China, ready to start taking Russian oil from Jan. 1, the state energy group said late on Sunday.
OPEC sees tighter 2018 oil market as demand grows, supply falls
LONDON (Reuters) — OPEC on Monday forecast higher demand for its oil in 2018 and said its production-cutting deal with rival producers was reducing excess oil in storage, pointing to an even tighter global market next year.
Oil markets little changed near 28-month highs
NEW YORK (Reuters) — Crude oil were little changed on Friday as expectations OPEC and other producers will extend their production cut agreement were offset by forecasts US output will continue to grow with prices holding near 28-month highs.
Braskem signs partnership with Haldor Topsoe to develop biobased MEG
SAO PAULO — Braskem, the American producer of thermoplastic resins, and Danish-based Haldor Topsoe, a company in catalysts and surface science, have signed a technological cooperation agreement to develop a pioneering route to produce monoethylene glycol (MEG) from sugar. The agreement calls for the construction of a demonstration plant in Denmark, with operation slated to begin in 2019.
China's CEFC, Rosneft to study South China petchem complex
BEIJING/MOSCOW (Reuters) — Private conglomerate CEFC China Energy and Russia's largest oil producer Rosneft have agreed to study the possibility of building a petrochemical complex in South China, Rosneft said on Friday.
Alfa Laval Wins $6.6 MM Refinery Order
LUND, Sweden — Alfa Laval, a company in heat transfer, centrifugal separation and fluid handling, has won an order to supply welded heat exchangers to a refinery in the Middle East.
Poland's Lotos gets first delivery of crude oil from US
WARSAW (Reuters) — Poland’s state-run refiner, Lotos, got its first shipment of crude oil from the United States on Thursday, part of its wider plan to diversify oil supplies and reduce reliance on Russian deliveries.
Neste, Bapco renew base oils agreement produced at Bahrain plant
A new commercial agreement defines a renewed cooperation model for calendar year 2018. It secures Neste a significant share of the output of the base oils JV plant for 2018, allowing Neste to continue supplying its full customer portfolio, and enabling Bapco to launch its own brand to the global market from Jan. 1, 2018.
OPEC says electric vehicles could lead oil demand to plateau in 2030s
LONDON (Reuters) — A rapid adoption of electric vehicles could cause world oil demand to reach a plateau in the second half of the 2030s, OPEC said in a report, a potential setback for the oil exporter group's longer-term prospects.
Ethanol-based fuel becomes top-selling petrol in France
PARIS (Reuters) — Gasoline containing up to 10% of ethanol has become the top-selling petrol in France, its largest market in the European Union, helped by a tax break that made the crop-based fuel more attractive to drivers, French ethanol producers said on Tuesday.
- Digital Exclusive: Root cause analysis on hydrochloric acid corrosion in a diesel hydrotreater unit 12/16
- Digital Feature: Enabling growth through strategic cost optimization for petrochemical and refining companies 12/16
- Rohm awards NextChem feasibility study for PMMA-polymer chemical recycling plant project 12/16
- Kumho Mitsui Chemicals to increase capacity of MDI production facilities 12/15
- ABS, Eneos, NYK Line and Seacor Holdings launch joint study to develop a methanol marine fuel supply network in the U.S. 12/15
- ENEOS accelerates AI-driven materials discovery of immersion cooling fluids and novel catalysts Using NVIDIA ALCHEMI 12/15
