Management
3t introduces landmark training to empower women in Saudi Arabia’s energy sector
3t, a global leader in training and blended learning for high-hazard industries, has unveiled a pioneering initiative to empower women in Saudi Arabia’s energy sector.
INEOS responds to UK Government's industrial strategy
• STATEMENT: On the UK Government’s new industrial strategy and the future of British manufacturing
Italy's Eni eyes new unit to manage oil refineries
Eni intends to set up a new company focused on several assets including oil refineries and fuels storage facilities in Italy
INEOS to cease phenol production at German site, cites high European energy costs and CO2 tax policy
INEOS Phenol, the world's largest producer of phenol and acetone, announced its intention to permanently stop production at their site in Gladbeck, Germany. Sky high European energy costs alongside Europe’s punitive CO2 tax policy have combined to leave Europe uncompetitive against imported Chinese production and a global oversupply.
OCI Global receives U.S. regulatory approval for the sale of its global methanol business to Methanex Corp.
Under the proposed Transaction, Methanex will acquire 100% of the equity interests in OCI Methanol, comprising 100% of OCI’s US and European methanol assets. The Transaction consideration will be paid through a combination of approximately USD $1.2 billion of cash (taking into account net indebtedness) subject to customary closing adjustments, and the issuance of 9.9 million common shares of Methanex.
HP People
ROSEN Group announces Andreas Opfermann as CEO
UPM cancels second Rotterdam biomass-to-fuels refinery
UPM plans to discontinue the development of its potential second biomass-to-fuels refinery at the Port of Rotterdam. UPM plans to halt all engineering work related to the CAPEX investment and withdraw from all site-related commitments associated with the Rotterdam investment
Wood selected as project management consultancy for first major methanol plant in the UAE
Wood has secured a contract from TA’ZIZ to provide project management consultancy (PMC) for the development of the UAE’s first methanol production facility in Al Ruwais Industrial City, Abu Dhabi.
Gulf Energy Information’s Lee Nichols recognized with prestigious G. D. Crain Jr. Award
Lee Nichols, Vice President of Content for Gulf Energy Information of Houston, Texas (U.S.) and London, England has been named the 2025 winner of the prestigious G.D. Crain Jr. Award, the highest recognition for editorial in business-to-business media.
Indonesia's Pertamina refinery unit plans 30-day shutdown of Dumai plant in October
The refining unit of Indonesian state energy company Pertamina plans a 30-day shut down of its Dumai refinery in October, chief executive Taufik Aditiyawarman said.
- AFPM response to U.S. EPA actions on RFS small refinery waiver backlog 8/25
- Indonesia urges EU to remove biodiesel import curbs after WTO ruling 8/25
- Canada's Alberta eyes investment in Japan's refining to boost oil exports 8/25
- U.S. EPA approves biofuel waivers for small refiners, stirring concerns over demand 8/25
- Update: Russian oil supplies to Slovakia may resume as soon as today 8/25
- Liquid Sun launches eSAF production pilot with ABB, Finnair, Fortum and Finavia 8/25
