Europe downstream news
GOMG Holdings completes sale of stake in Albanian oil refinery
The company’s minority interest has been sold to its local partners in Albania.
Krohne announces new OPTICHECK flowmeter verification tool
The OPTICHECK flowmeter provides in-situ verification for mass and other flowmeters.
Shell to maintain ownership of A/S Dansk Shell
The agreement signed with Dansk Oileselskab AS in 2016 has been terminated with immediate effect.
Exmar takes delivery of barge-based FSRU
Exmar has taken full delivery of a barge-based storage and regasification unit (FSRU), the first of its type in the world.
Accenture assists with industry digital transformation
Accenture has formed an alliance with Maana to help oil and gas clients accelerate digital transformation.
Gazprom expands LNG business
Gazprom is set to develop its LNG business amid rising demand.
SABIC PP extrusion line operational
SABIC’s new PP extrusion line is now operational in the Netherlands.
Wood Mackenzie: perfect storm for European gas market
Wood Mackenzie comments on the broader implications of the Forties pipeline shutdown and the Baumgarten Natural Gas Station explosion.
Forties pipeline shutdown
INEOS has released a statement confirming that the Forties Pipeline System has been shutdown following the discovery of a small hairline crack in the pipe.
Russia launches South pipeline
Russia’s South pipeline has commenced ultra-low-sulfur diesel exports to Black Sea and Mediterranean markets.