Europe
IEA says oil prices will not jump sharply, despite OPEC supply cuts
NEW DELHI (Reuters) -- The International Energy Agency does not expect a major increase in global oil prices despite efforts by OPEC and non-OPEC members to reduce output, its executive director Fatih Birol told Reuters.
ExxonMobil Chemical to expand global hydrocarbon fluids capacity by 250 Mtpy
HOUSTON -- ExxonMobil Chemical Company, a division of ExxonMobil Corporation, announced that it is expanding the capacity of its global hydrocarbon fluid assets by more than 250 Mtpy at its world-scale petrochemical sites in Antwerp, Belgium; Baytown, Texas; and Jurong Island, Singapore.
Rosneft-led deal to buy India's Essar delayed, seen closing in April
NEW DELHI/MOSCOW (Reuters) -- The purchase of Indian refiner Essar Oil by a consortium led by Russian oil company Rosneft has been delayed, the two sides said on Friday, because some Indian lenders to Essar have yet to sign off on the deal.
Carbon Clean Solution, Veolia partner for large-scale CO2 capture, industrial re-use
Veolia, the global leader for optimized resource management, announced the signing of a new partnership agreement with Carbon Clean Solutions Limited (CCSL), a global leader in low-cost carbon capture technology, for the large-scale rollout of CCSL’s patented carbon dioxide (CO2) separation technology.
Egypt to halve arrears with oil companies in coming weeks
RAVENNA, Italy (Reuters) -- Egypt expects to cut the $3.5 B euros it owes to international oil companies by around half in coming weeks, the Egyptian oil minister said on Wednesday.
China, EU reaffirm climate action after Trump backs away
BEIJING/OSLO (Reuters) -- Nations led by China and the European Union rallied around a global plan to slow climate change on Wednesday after US President Donald Trump began undoing Obama-era plans for deep cuts in US greenhouse gas emissions.
BP sees trading benefits from oil boom in the Americas
LONDON (Reuters) -- Oil major BP expects its trading operations to benefit from growing global crude trade on the back of abundant US, Canadian and Brazilian production and rising energy demand in Asia, a top BP executive said.
Neste Jacobs technology to be implemented at Haltermann Carless German site
Neste Jacobs, a global provider of technology, engineering and project services and Haltermann Carless, an HCS Group brand and provider of specialty hydrocarbons, have agreed to plan and engineer an upgrade and expansion of the Haltermann Carless' production site in Speyer, Germany. The parties have also signed a Letter of Intent for the EPCM services to be provided by Neste Jacobs.
EU backs $130-B Dow, DuPont merger with asset sales plan
(Reuters) -- Dow Chemical and DuPont won the blessing of the European Union for their $130 billion merger on Monday by agreeing to sell substantial assets including key research and development activities.
BB Energy buys Morgan Stanley's diesel terminal in Australia
LONDON (Reuters) -- BB Energy has bought Morgan Stanley's diesel terminal in Australia as the oil trader expands outside its core European and Middle East markets, the trading company said on Tuesday.
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