A group including commodity trader Glencore Plc and Indonesian chemicals business PT Chandra Asri Pacific is in advanced talks to buy Shell Plc (LON:SHEL) assets in Singapore in a deal that could be worth about $1 billion, people with knowledge of the matter said.
Black smoke spewed across Houston’s industrial suburbs for more than an hour on Monday morning, just days after a winter storm knocked out power at several of the nation’s largest oil refineries.
Industrial services giant Altrad has signed two long-term contracts with a major oil refinery on the east coast of England, worth an estimated £30 million.
An oil refinery in northern Germany wants to turn excess wind power into green hydrogen to replace natural gas and produce synthetic fuels for aviation.
With trains cancelled across France on the seventh day of a nationwide strike, the SNCF national rail service has offered unions a deal to try to persuade train drivers to go back to work.