Europe downstream news

NGVA Europe has published a new study that validates natural gas as a key solution for transport decarbonisation.

Oxea has announced it will expand its production capabilities for butyric acid and propionic acid at its carboxylic acids production facility in Oberhausen, Germany.

The Institution of Mechanical Engineers has announced Carolyn Griffiths as its newly elected 132nd President.

Caspian Sunrise has announced that it expects all conditions for the merger and the associated capitalisation of the Vertom loan, will be concluded by 1 June 2017.

The newly appointed French Prime Minister and Ecology Minister have visited SIAAP's wastewater treatment plant to see Cryo Pur’s industrial demonstrator.

Chevron Phillips Chemical has announced it has increased its organosulfur capacity at the Tessenderlo Facility in Belgium.

Wood Group has announced it has secured a contract with Sakhalin Energy for Sakhalin's offshore projects, LNG plant, oil export terminal and tanker loading unit.

Gazprom has announced that documents have been signed to advance Russian-Chinese cooperation in underground gas storage.

The price of crude has increased this morning as Saudi Arabia and Russia have spoken out in support of extending the supply cuts agreement until March 2018.

Over the last three years, the company has invested €15 billion, with a further €21 billion planned for the next four years.