Europe

ExxonMobil announced today the expansion of its Singapore refinery to support the production of the company’s EHC™ Group II base stocks, which will strengthen the global supply of these products and enhance the Singapore facility’s competitiveness. Construction is expected to begin during the second quarter of 2017 with completion anticipated…
National Oilwell Varco Norway has announced plans to reduce its employees by up to 900 as the company looks to cut costs due to weak oil price. The layoff is expected to bring total job cuts in 2015 to 2,400. National Oilwell informed employees through email that manufacturing operations in…
Shell has announced final investment decision to go ahead with the construction of a new solvent deasphalter (SDA) unit at its Pernis refinery in Rotterdam, the Netherlands. By removing heavier fractions from crude oil the new solvent deasphalter unit will allow the refinery to upgrade a major proportion of its…
Switzerland-based automation company ABB has secured a contract to deliver control infrastructure for the $11bn Trans-Anatolian Natural Gas Pipeline (Tanap) which will bring natural gas from Azerbaijan to Turkey and Europe. The 1,850km pipeline will interconnect with the South Caucasus at Turkey's border with Georgia and the Trans Adriatic at…
Natural gas producer Novatek has signed an agreement to sell a 9.9% equity stake in the $27bn Yamal LNG project in Russia to China's Silk Road Fund (SRF). Under the agreement, SRF will provide a 15-year loan of about €730m to Novatek to finance the project which is currently at…
Page 1 of 14

Subscribe To Our Newsletter

Security Q:How many eyes has a typical person? (ex: 1)
Name:
Email: