The chief executive of Ineos has urged Scottish Ministers to review the current moratorium on fracking.
Ineos has completed its acquisition of the full shareholding in INOVYN.
Ineos said yesterday it was investing millions of pounds to expand production at a factory that will use ethylene produced from US shale gas into Scotland as its main raw material.
Brexit will not affect plans for Ineos to set up UK headquarters once again, according to one of the company's bosses.
The founder of chemicals giant Ineos has donated £25 million to the London Business School to help it remain one of the best in the world.
A top boss at one of Scotland’s biggest energy firms has blasted Labour’s anti-fracking stance.
Ineos boss Jim Ratcliffe is reported to have made a takeover approach to ConocoPhillips for its North Sea assets which was rejected by the company.
An oil billionaire’s yacht has been spotted docked in Belfast as it makes a voyage from Malta.
Senior executives at Ineos have claimed Scotland's economic fortunes could be transformed by fracking with new estimates suggesting it could be capable of producing more has than has been found in the North Sea.
Billionaire North Sea investor Jim Ratcliffe has sold a business that makes polystyrene for packaging to a Polish firm for £63million.
Petrochemical giant Ineos has “fired the starting gun” on its fracking programme by pressing ahead with plans to lodge test drilling applications by the end of the year.
Ineos has accused Falkirk Council of defying ‘common sense’ after the local government reopened a main road, which runs through the middle of the firm’s Grangemouth petrochemical site.
The operator of the Grangemouth petrochemical plant confirmed a second manufacturing unit will be reopened as the site prepares to receive shale gas ethane from the US.
INEOS plans to move its headquarters back to the UK – after six years in Switzerland.
The Ineos Intrepid has made a landmark departure, carrying the first shale shipment from the United States to Europe.
Ineos boss Jim Ratcliffe is the UK's richest energy services mogul on the Forbes 2016 billionaires list with his $5.5billion fortune.
The chief executive of Ineos Jim Ratcliffe said the company's purchase of a number of North sea assets was a "sensible" move as it looks to expand its oil and gas reach.
Infill drilling work at the Breagh gas field could be delayed as further investments in its first phase are put under review. Sterling Resources said the production at the gas field in the North Sea is continuing slightly ahead of schedule. Production last month averaged 28.1million standard feet of sales gas per day.
Billionaire Jim Ratcliffe is known for driving a hard bargain and running a tight ship.
A number of wells could be drilled in locations across north-west England by 2017, according to reports. The Northwich Guardian said the move could pave the way by INEOS for fracking operations.
INEOS has won 21 new shale gas licences in the final part of the UK Government's 14th licensing round. The company said the majority of the licences are located in the old mining heartlands of the North West, North Yorkshire and the East Midlands with a heritage and feed energy production. The announcement by the OGA (Oil and Gas Authority) of 159 onshore blocks means INEOS is now one of the UK's biggest shale gas players.
INEOS today confirmed it purchased all of DEA Deutsche Erdoel's UK North Sea gas fields.
INEOS has struck a deal with ExxonMobil Chemical and Shell Chemicals Europe to supply ethane from US shale gas from Grangemouth to the Fife Ethylene Plant. The purchase agreement will be from the middle of 2017 and it is hoped access to this source will help complement supplies from North Sea natural gas fields. Geir Tuft, business director at INEOS O&P UK, said the deal was a “landmark agreement”.
Ineos has extended its interests in the North Sea after snapping up a further 25% stake in the Clipper South Gas Field from Fairfield Energy.
A senior executive of fracking company Ineos has said he is “not too concerned” about a motion at the SNP conference that could result in a further clampdown on the controversial practice. Party members meeting in Aberdeen will today be asked to back a move that would place tighter restrictions on the party’s moratorium on shale gas extraction. The Scottish Government has already halted any fracking until 2017.