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OPEC, non-OPEC committee recommends extending cut OPEC and rival oil producers are meeting in Kuwait to review progress with their global pact to cut supplies.

OPEC, non-OPEC committee recommends extending cut

OPEC and rival oil producers are meeting in Kuwait to review progress with their global pact to cut supplies

 •   Market to determine OPEC cut extension: Al-Luaibi
 •   Oil advances on talk of extension to OPEC cuts
 •   OPEC output cut compliance at 140% in February


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Indian refinery to use Honeywell UOP technology

Indian refinery to use Honeywell UOP technology

Included in the project are licensing, basic engineering design & other associated services for a Penex isomerisation unit, which helps make cleaner burning high-octane gasoline, and a Unicracking hydrocracking unit to produce cleaner burning diesel fuel.
 
AkzoNobel rejects 2nd proposal from PPG to combine

AkzoNobel rejects 2nd proposal from PPG to combine

The unsolicited proposal does not warrant AkzoNobel's engagement with PPG. The AkzoNobel boards unanimously rejected PPG's revised proposal.
 
PPG improves its pitch to combine with AkzoNobel

PPG improves its pitch to combine with AkzoNobel

PPG has advised AkzoNobel that there are clear paths to regulatory approval based on the broad, complementary geographic footprint of the businesses, and AkzoNobel has rejected PPG's proposal that the companies' antitrust experts meet to confirm approach.
 
Dow chairman to receive STEM leadership award

Dow chairman to receive STEM leadership award

A chemical engineer himself, and a true believer in the power of STEM jobs to grow economies, Andrew Liveris has made supporting education and workforce a cornerstone of his leadership.
 

 

Chemical Activity Barometer strongest in 7 years

Chemical Activity Barometer strongest in 7 years

The Chemical Activity Barometer has four primary components, each consisting of a variety of indicators – production, equity prices, product prices, and inventories and other indicators.
 
Preparations moving into high gear for ACHEMA 2018

Preparations moving into high gear for ACHEMA 2018

Every three years, ACHEMA attracts around 4,000 exhibitors from over 50 different countries to present new products, processes and services to 170,000 professionals from all over the world.
 
LANXESS to invest US$107.5 million for expansion

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LANXESS will invest around US$43 million each in the Leverkusen and Krefeld-Uerdingen sites in the federal state of North Rhine-Westphalia, Germany.
 
Rockwell Automation named the most ethical company

Rockwell Automation named the most ethical company

This is the ninth time that the Ethisphere Institute has named Rockwell Automation to the distinguished list of companies that influence and drive positive change, and improve ethical leadership and corporate behaviour.
 
Oil price stabilisation to help GCC banks: Report

Oil price stabilisation to help GCC banks: Report

Funding pressure to ease for GCC banks in 2017 on oil price stabilisation, international sovereign debt issuance, Moody's says in its report
 
Flawed energy forecasts risk huge investor capital

Flawed energy forecasts risk huge investor capital

A review of the energy forecasts by international oil companies shows that the forecasts are systematically skewed and rest on extreme assumptions about energy trends, reflecting what oil companies want decision makers to believe will occur.
 
Chevron, WorleyParsons in multi-regional agreement

Chevron, WorleyParsons in multi-regional agreement

The scope of the agreement allows use in all engineering phases of Chevron's capital project programme from conceptual engineering to final design.
 
Akie Abe to deliver welcome remark at Gastech 2017

Akie Abe to deliver welcome remark at Gastech 2017

Akie Abe is keen to drive more women into professional roles and into industries traditionally dominated by men – such as the energy sector – where very few Japanese women attain engineering or science degrees that lead into careers in these sectors.
 
Gazprom allays worries over antitrust issues

Gazprom allays worries over antitrust issues

As part of the deal, EU regulators said Gazprom will also drop clauses in its supply contracts with wholesalers and some industrial customers barring them from exporting its gas to other countries
 
Wood Group, Amec FW to combine as US$6.11 bn. firm

Wood Group, Amec FW to combine as US$6.11 bn. firm

The combination represents a transformational transaction for Wood Group, which accelerates the company's strategy and creates a global leader in project, engineering and technical services delivery across a range of industrial sectors.
 
Agilent gets award for best new separation product

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The Scientists' Choice Awards celebrate the laboratory products & manufacturers that make a difference to the industry. SelectScience began the Scientists' Choice Awards in 2007 to enable scientists to voice their opinions on the best laboratory products.
 




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