View Cart (0 items)

Oil & Gas

Brazil to increase plastics production in 2014

December 19, 2013
The Brazilian plastics market is expected to become more favorable and profitable to local plastics producers.
Read More

Mexico may allow private companies to extract oil

December 10, 2013
The proposal to amend Mexico's constitution and allow private investors access to the country's oilfields comes from members of the two largest political parties.
Read More

Ineos to import US ethane for Grangemouth facility

December 10, 2013
The Grangemouth chemical plant in Scotland may go from huge losses to instant profitability thanks to the saving plan drawn up by Swiss-based international operator Ineos Group Ltd.
Read More

UK oil industry reports highest amount of oil spilled in decade

December 5, 2013
Last year 246 oil spills were reported in the UK, with the total amount of oil released in these spills reaching 86 tons.
Read More

Brazilian petrochemical companies urge for measures to revive sector

December 2, 2013
Brazil's petrochemical industry leaders are calling on the government to provide businesses with an incentive package that will promote investment and is asking for a lower natural gas price, so that it can have an access to cheaper domestic feedstock.
Read More

US refiners to ramp up diesel exports to Europe

November 26, 2013
The recent boom in oil and gas production in the United States has caused a significant rise in production, prompting U.S. companies to look to international markets.
Read More

Sinopec pipeline blast kills at least 35 in eastern China

November 25, 2013
An eastern Chinese pipeline operated by Sinopec Corp exploded Friday, killing at least 35 people and injuring 166 more.
Read More

Honeywell to modernize one of Europe's largest refineries

November 22, 2013
Preem AB, Sweden's largest oil producer, will use Honeywell's enhanced high-performance process manager to as much as triple the capacity of the refinery’s existing controllers.
Read More

Asian fuel supply to outpace demand by 2018

November 18, 2013
As the largest refineries in China and India continue to keep supply well ahead of demand for fuel across Asian markets, many refineries will have to work at a reduced capacity over the next five years.
Read More

Chevron facing $9.5 billion penalty for oil contamination in Amazon

November 18, 2013
The penalty that Chevron Corporation will have to pay in the case concerning oil contamination in the Amazon has been cut by half by Ecuador's highest court, which upheld the verdict but reduced the fine to $9.5 billion.
Read More