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ENERGY AND FEEDSTOCKS

Ineos ups the ante on UK shale exploration

7:14 AM MDT | October 20, 2014 | Natasha Alperowicz

Ineos, which has already acquired two licenses to explore for shale gas in the United Kingdom, is bidding for more licenses, according to Tom Crotty, group director at Ineos. Crotty spoke to CW on the sidelines of the recent Cefic General Assembly meeting in...


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Cefic: Industry reinvents itself to be more competitive, growth this year will be lower

Europe’s chemical industry is reinventing itself to stay competitive as high energy prices continue to cripple the sector and its share of the global market declines. This message is one of those delivered at the Cefic General Assembly, just ended in...

Southwestern Energy to buy Marcellus, Utica Shale assets from Chesapeake for $5.4 billion

Chesapeake Energy (Oklahoma City) says it has agreed to sell assets in the southern Marcellus Shale and a portion of the eastern Utica Shale to Southwestern Energy (Houston) for aggregate proceeds of $5.4 billon. The transaction, which is subject to certain...

Germany's environment minister: Economy plays a central role in climate protection

Increasing energy efficiency is a requirement to protect the climate but offers the German economy many opportunities, Barbara Hendricks, Germany’s environment minister, said during an energy efficiency congress of the Federation of German Industries...

IHS Energy: Vantage pipeline to support hydrocarbon recovery at Bakken Shale

The recently constructed Vantage pipeline will support overall hydrocarbon recovery at the Bakken Shale in North Dakota by decreasing flaring, IHS Energy says. Total wet gas production in North Dakota increased from 150 million cubic feet/day in January 2005...

SHV Energy to market Neste Oil's biobased propane

Neste Oil (Espoo, Finland) has reached an agreement with SHV Energy (Hoofddorp, Netherlands) under which SHV will market and sell biopropane to be produced at Neste's Rotterdam refinery, Neste announced today. The agreement to supply about 160,000 m.t./year...

Finnish firm to build biorefinery in India

Chempolis (Oulu, Finland) has signed a partnership agreement with Numaligarh Refinery Ltd. (NRL; Guwahati, India), an enterprise of the government of India, to jointly build a biorefinery using Chempolis's trademarked formicobio technology. The plant will be...

NuStar and Pemex plan US-Mexico LPG, refined products pipeline

NuStar Energy (San Antonio) and Pemex affiliate PMI will form a joint venture to develop new pipeline infrastructure to transport liquefied petroleum gases (LPGs) and refined products from the United States into northern Mexico. Under the proposed agreement...

VCI: Minimal reduction in renewable energy reallocation is a 'drop in the bucket'

Germany’s chemical industry association VCI (Frankfurt) says that the reduction in the reallocation charge as part of the country’s renewable energy law (EEG) is at best a cosmetic change. The reduction was announced today by the German Federal...

UOP awarded second gas processing plant contract by PennTex, signs MOU for third unit

UOP said on Tuesday that PennTex North Louisiana, a subsidiary of PennTex Midstream Partners, has selected UOP to engineer, procure, and construct (EPC) a gas processing plant to recover natural gas liquids (NGLs) in northern Louisiana. The new facility will...

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