Europe
Casale announces name change of Chemoproject Nitrogen
The Swiss based Casale Holding SA, the owner of Casale SA, is pleased to announce that Chemoproject Nitrogen a.s., a leading Czech engineering company, active in base chemicals and fertilizers industry, whose control was acquired in July 2014, has officially changed its name to Casale Project a.s. and it is now fully owned by Casale Holding.
Russia sees oil products output down 2.5% in 2017
MOSCOW (Reuters) -- Russia's output of oil products is expected to fall by about 2.5% in 2017 due to further work on a massive refinery modernization program aimed at boosting fuel quality, a deputy energy minister said.
Urals and Azeri Light differentials weaker
MOSCOW (Reuters) -- Urals differentials BFO-URL-E BFO-URL-NWE weakened in a Surgutneftegaz tender because of higher than expected supply in January, though trading activity was quite low before the long Christmas weekend in Europe.
SOCAR signs license agreements with Technip, Axens, others
On Dec. 20, technology license agreements were signed between SOCAR and Technip, Univation, Axens, and SinopecTech. The agreements envisage advanced processing of natural gas and production polymer products using technology as a part of SOCAR GPC project.
Petronas to adjust crude production
Following the pact made in Vienna, Austria on Dec. 10 between OPEC and non-OPEC producers, Petronas will make a voluntary adjustment to Malaysia’s crude oil production starting from January 2017.
Axens awarded PolyFuel supply contract for Petrobrazi refinery
OMV Petrom has selected Axens to supply the PolyFuel technology for its project at the Petrobrazi Refinery. The capacity of the project is 200,000 tpy.
Neste implements NAPCON controller to Forchem Oy distillation plant
Neste Jacobs has implemented NAPCON Controller to Forchem Oy's tall oil distillation plant. Forchem Oy owns and operates a world scale tall oil distillation plant in the city of Rauma on the West Coast of Finland.
Russia to cut oil exports outside FSU by 380,000 t in Q1
MOSCOW (Reuters) -- Russia will cut oil exports to foreign markets outside the former Soviet Union (FSU) by 380,000 t in the first quarter of 2017 from the fourth quarter of 2016, oil pipeline monopoly Transneft said on Tuesday.
Three new reactors arrive at ExxonMobil's Rotterdam refinery
Three brand new reactors for ExxonMobil’s new hydrocracker arrived at the Rotterdam, Netherlands, refinery site last week. After the arrival of the vacuum tower early this fall, the arrival of the new reactors highlights the progress of the construction that is well underway at the Rotterdam refinery.
Neste enters Viking Line partnership to deliver low-sulfur fuel
Neste and Viking Line have entered into a partnership contract for the delivery of low-sulfur marine fuel in 2017. The contract covers Viking Line's Baltic Sea passenger ships.
- South Korea approves nearly $1.4-B petrochemical restructuring deal as supply glut weighs 2/25
- Romanian largest refinery to shut down in March for scheduled turnaround 2/25
- Malaysia's Prefchem cuts refinery output after shutting gasoline unit 2/25
- U.S. Chemical Safety Board faults Pemex in 2024 Deer Park refinery's fatal accident 2/25
- Global diesel flows further reshuffle on EU sanctions, discounted Russian exports 2/25
- RFOcean secures first long-term e-methanol supply from ETFuels, driven by FuelEU 2/25
