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CIS BASE OILS AND LUBRICANTS
Base oil quota is stirring the European market with concerns that the threshold is too low
After the European Commission’s approved a quota on duty-free API Group II base oil imports, the measure is stirring the European market with concerns that the threshold is too low.
CIS BASE OILS AND LUBRICANTS
Russian base oil exports stabilize
Russian base oil export volumes are off an estimated 1% this year after a 12% decline in 2018 caused by an unusually large amount of maintenance work.
GO DIGITAL OIL&GAS MIDDLE EAST
White Space Energy will showcase a Game-changing AI for the oil & gas
White Space Energy is going to exhibit and speak at Go Digital Oil & Gas Middle East summit on March 19 in Abu Dhabi. Norbert Dolle, Managing Partner, will demonstrate its latest AI developments- Game AI solution, that is aimed to make a fundamental change for the whole oil & gas value chain.
CIS PETROCHEMICALS
SIBUR and BASF signed an agreement for partnership on the sustainable development
SIBUR and BASF signed a memorandum of understanding formalising their partnership on sustainable development and circular economy.
BLACK SEA
OIL & GAS
OMV Petrom is ready to develop Black Sea gas project once Romania government lifts regulatory barriers
Romania’s OMV Petrom is ready to develop the Neptun deepwater block in the Black Sea with ExxonMobil once Bucharest lifts regulatory barriers to doing so.
DOWNSTREAM CASPIAN AND CENTRAL ASIA
Haldor Topsoe and Sasol to jointly license GTL technology
Sasol and Haldor Topsoe have signed a collaboration agreement to jointly license their GTL technologies to produce diesel fuel, kerosene, and naphtha from natural gas.