Keyword: oil and gas

News

Ineos May Apply for UK fracking licence

17.12.2013 - Ineos chairman Jim Ratcliffe has said the company may apply to pursue shale gas exploration in the UK when the government begins awarding additional fracking licenses. However, no...

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EPA Adds Nine Sites to Superfund List

17.12.2013 - The U.S. Environmental Protection Agency, EPA, has added nine hazardous waste sites to its National Priorities List of Superfund sites - those that pose the most complex and...

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Oman Oil Company Buys Oxo Producer Oxea

10.12.2013 - Oman Oil Company (OOC), state-owned oil and petrochemicals group, has completed its acquisition of Germany's Oxea from private equity investor Advent International. With the...

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Ineos Unveils Plans for Grangemouth Ethane Terminal

08.12.2013 - After winning promises of investment aid from the UK and Scottish governments, Ineos has ripped detailed plans for its proposed £300 million ethane terminal at Grangemouth off the...

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Saudi Chemical Producers Sign MoU on Merger

06.12.2013 - Saudi International Petrochemical Company (Sipchem) and Sahara Petrochemical have signed a memorandum of understanding on a potential asset merger, bringing the deal, which would...

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Ineos to Expand Norway Petchem Plant Capacity, Build Furnace

04.12.2013 - Ineos is building a new furnace at its petrochemical plant in Rafnes, Norway as it expands capacity to use ethane made from U.S. shale gas it will store in a tank under...

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India Considers More Iran Oil Imports, Readies Payments

02.12.2013 - India could step up crude imports from Iran next month and start transferring billions of dollars it owes for oil as early as next week, following a deal between Tehran and six...

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Newspaper Owner to Put $27 Billion Canada Refinery Plan to Regulators

27.11.2013 - A Canadian newspaper mogul is pushing ahead with a $27 billion plan to build an oil refinery on Canada's west coast, hoping to file for regulatory approval before year-end and with...