Keyword: Petrochemicals

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Britain’s Grangemouth Oil Refinery on Brink of Closure

22.10.2013 - A major British oil refinery moved closer to permanent closure on Monday after a clear majority of union workers rejected a pensions and benefits offer from the Swiss-based...

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Styrolution and Braskem in Brazilian Styrenics JV

18.10.2013 - Styrolution, the Frankfurt, Germany-based styrenics joint venture of BASF and Ineos, has signed a memorandum of understanding (MoU) with Brazilian plastics giant Braskem on a 100...

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Shale: No End in Sight

17.10.2013 - North Dakota's rapidly rising oil output continues to defy the skeptics, who have predicted that production would stop growing as declining output from existing wells offsets extra...

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Grangemouth UK Refinery Dispute Escalates, Union Plan Rejected

11.10.2013 - A dispute between workers and management at the UK Grangemouth refinery and chemical plant worsened on Thursday as owner Ineos rejected union counter-proposals to a cost-cutting...

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Chevron Warns On 3rd Quarter Due To Refining Earnings Drop

10.10.2013 - Chevron, the second-largest U.S. oil company, warned on Wednesday that third-quarter earnings would be lower than in the second quarter due to "significantly lower" earnings from...

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UK Refinery Dispute Deepens As Ineos Snubs Conciliation Offer

10.10.2013 - The Swiss-based oil refiner Ineos refused on Tuesday to go to independent arbitration in a dispute with workers at its Grangemouth refinery and petrochemical plant in Scotland...

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Kazakh Giant Kashagan Oilfield Resumes Output After Accident

08.10.2013 - A consortium developing Kazakhstan's giant Kashagan oilfield has resumed production after an industrial accident halted work last month, the Kazakh Oil and Gas Ministry and the...

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Ineos Writes Down Value of UK Grangemouth Petchem Plant to Zero

07.10.2013 - Oil refiner Ineos has written down the value of its Grangemouth, UK petrochemical plant to zero, it said, further raising the stakes in a complex dispute with workers at the...