MOL to speed up US$4.5 bn fuel-to-chemical strategy
Hungary’s oil and gas group MOL is setting its sights on increasing its EBITDA to US$2.6 billion by 2025 from US$2.3 [...]
oil
Lukoil to use UOP process for Kstovo refinery expansion
Lukoil-Nizhegorodnefteorgsintez, a subsidiary of Russian oil/gas firm Lukoil will use a range of Honeywell UOP process [...]
OMV to invest EUR30 mn in 2nd-generation biofuel plant
Austrian oil/gas firm OMV plans to build a pilot plant at its Schwechat Refinery, which will produce second-generation [...]
Trelleborg divests UK offshore oil & gas operation
Swedish polymer firm Trelleborg has signed an agreement and finalised the divestment of its offshore operation in [...]
MMA: Röhm and OQ Chemicals to evaluate MMA plant in US; Mitsubishi Chemical to centralise global MMA operations in Singapore
Germany-based Röhm, OQ (Oman) and OQ Chemicals have signed a Memorandum of Understanding (MoU) to evaluate the [...]
ExxonMobil launches new unit to advance low carbon portfolio and reduce emissions
US oil/petchem firm ExxonMobil has launched a new business unit to commercialise its low-carbon technology portfolio. The [...]
US shift on fossil fuels to result in US$1 tn stranded asset risk in oil lines
Despite early moves by the Biden Administration to curtail oil and gas leases in the US and financing for oil and gas [...]
Malaysia unhappy with EU palm oil restrictions, files WTO complaint
Malaysia, the world’s second largest producer of palm oil, has filed an official complaint to the World Trade Organisation [...]
Nouryon expands product line for catalyst industry
Chemical firm Nouryon has expanded the Levasil colloidal silica product line with two new products for the next generation [...]
Maire Tecnimont ties up with Indian Oil for India’s first circular economy projects
Italy’s Maire Tecnimont says that NextChem, the group’s subsidiary dedicated to green chemistry and technologies for [...]
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