Europe
Irving Oil finalizes purchase of Whitegate refinery from Phillips 66
Irving Oil has finalized its purchase and sale agreement with Houston-based energy, manufacturing and logistics company Phillips 66 to acquire the Whitegate refinery located near Cork, Ireland.
Shell signs agreement to sell Denmark refining business
Shell has reached an agreement with Dansk Olieselskab for the sale of Dansk Shell in Denmark, which consists of the 70 Mbpd Fredericia refinery and local trading and supply activities, for approximately $80 MM.
MOL Group included in the Dow Jones Sustainability Index
MOL Group has once again been part of the Dow Jones Sustainability World Index, placing the company in the top 15% of integrated oil and gas companies based on its corporate sustainability performance.
INEOS Oligomers plans to build a new PAO plant
INEOS Oligomers will significantly grow its low viscosity polyalphaolefin (PAO) business. Investment by the business will significantly increase the supply of low viscosity PAO to a growing market.
BP unveils low-carbon and carbon neutral PTA solution
BP has launched a new low carbon and carbon neutral PTA brand with three products that offers a more sustainable solution for the polyester value chain.
Total shuts some units at Gonfreville refinery following incident
French oil and gas company Total has shut down some units at its 247 Mbpd Gonfreville refinery in northern France following a technical incident.
Neste Jacobs completes EPC services for Skangas’ Pori LNG import terminal
Neste Jacobs has successfully carried out the engineering, procurement and construction project for Skangas’ LNG import terminal.
EU regulators halt Dow, DuPont merger review to gather data
EU antitrust regulators have halted their scrutiny of Dow Chemical Co and DuPont's proposed merger while the companies provide more information regarding their $130 B deal.
Neste launches 100% renewable diesel
Neste is planning to sell diesel produced entirely from renewable raw materials at selected stations in Finland around the turn of the year.
Freedonia Group: Global demand for refining catalysts to reach $4.7 B in 2020
Global demand for the refining catalysts market, which includes catalysts used in fluid catalytic cracking (FCC), hydroprocessing, alkylation, reforming and other applications, is forecast to grow 3.6%/yr to $4.7 B in 2020.
- Eastern Mediterranean petrochemical cluster developed by Rönesans attracts over $3 billion in investment 7/24
- Energia Costa Azul, Mexico’s second LNG terminal, ships first cargo 7/24
- Indorama Ventures advances circular economy "Zero Waste-to-Landfill" initiative 7/24
- Honeywell Technologies raises 2026 profit forecast in first post-split earnings 7/24
- Chemicals maker Dow beats second-quarter profit estimates 7/24
- Vietnam's Nghi Son refinery secures crude oil to operate through end-September 7/24
