Europe
OPEC leans towards oil cut extension, but non-members need to be in
DUBAI/LONDON (Reuters) -- OPEC oil producers increasingly favor extending beyond June a pact on reducing crude supply to balance the market, sources within the group said, although Russia and other non-members need to remain part of the initiative.
CB&I awarded contract for hydrocracking unit for Afipsky refinery expansion
THE WOODLANDS, Texas -- CB&I announced it has been awarded a contract valued at approximately $460 million by NefteGazIndustriya, LLC, through project developer China National Chemical Engineering Co., for the Afipsky Oil Refinery Expansion Project in Krasnodar, Russia. The project was included in CB&I's backlog in the third quarter of 2016.
Russia to add more gasoline refining capacity in 2017
MOSCOW (Reuters) -- Five Russian refineries are expected to finish upgrades of their gasoline production units this year, with the new capacity potentially allowing Russia to boost exports of high-octane gasoline, according to Reuters calculations and trading sources.
IEA: Energy carbon emissions in 2016 flat for third year
LONDON (Reuters) -- A greener energy mix helped keep energy-related carbon dioxide emissions flat in 2016 yet more needs to be done to avert a harmful rise in global temperatures, International Energy Agency (IEA) data showed on Friday.
BP halves stake in New Zealand's only oil refinery
WELLINGTON (Reuters) -- BP Plc on Friday said it had sold around half its roughly 20% stake in New Zealand Refining Company Limited for $56.2 million as part of a global portfolio review.
Pöyry awarded engineering contract for Synthomer dispersion plant
Synthomer Deutschland GmbH has awarded Pöyry with the detail engineering services assignment for the revamp of its dispersion plant in Worms, Germany. The assignment includes detail engineering services for all disciplines as well as Health, Safety and Environment management, permitting engineering, cost control and project scheduling. Project is expected to be completed in the Q3 2018.
Trelleborg inaugurates new polyurethane facility in Retford, England
Trelleborg’s applied technologies operation inaugurated its new purpose built facility in Retford, England, further enhancing its polyurethane manufacturing capabilities.
EMGC '17: Prospects for accelerating gas trade and regional energy cooperation
NICOSIA—Gulf Publishing Company's Eastern Mediterranean Gas Conference (EMGC) 2017, the world's primary event for discussing the forces shaping gas industry development in the Eastern Med, continued on March 15.
China National Chemical Engineering to build hydrocracking plant for Gazprom
(Reuters) -- China National Chemical Engineering Co Ltd said on Wednesday that its unit signed a contract worth about $1.17 billion to build a hydrocracking plant for Gazprom in Russia.
EMGC '17: Eastern Med gas monetization demands regional cooperation
NICOSIA—Gulf Publishing Company's fourth Eastern Mediterranean Gas Conference (EMGC) 2017 continued on the afternoon of March 14 with sessions devoted to gas monetization options and foreign investment initiatives.
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