Harbour confident in Wintershall Dea deal despite sanction concern
Harbour will emerge with “stronger credit, we expect to reach investment grade credit on completion, which will give us access to lower-cost capital for future growth”.
BASF
Update: ADNOC, Harbour said to mull acquisition of BASF’s Wintershall Dea unit
ADNOC and UK-listed Harbour Energy are both reported to be considering a deal for BASF's Wintershall Dea business.
BASF makes deep cost cuts in response to energy crunch
BASF unveiled fresh cuts to investment and measures to reduce operating costs as the company adjusts to more expensive energy, higher interest rates and a slump in demand.
Shell explores joint venture for open-source CCUS in China
Shell (LON:SHEL) has signed a memorandum of understanding (MoU) with Sinopec, Baowu and BASF to explore the feasibility of developing an open-source carbon capture, utilisation and storage (CCUS) project in the East China region.
BASF creates dedicated renewables unit
German chemicals giant BASF will create a new subsidiary, BASF Renewable Energy, to supply its European sites and manage electricity trading activities.
An interview with W. Brent Robinson ahead of the 11th Annual Chem, Petrochem & Refining Asset Reliability Conference
Prior to the 11th Annual Chem, Petrochem & Refining Asset Reliability Conference in January 2021, marcus evans group held an interview with one of their key speakers, W. Brent Robinson. Brent currently holds the position of Manager, Asset Management Reliability & Integrity at BASF.
Ineos, Total and more team up on CCUS plans for Port of Antwerp
A host of firms including Ineos, Total and ExxonMobil are collaborating on plans for a carbon capture, use and storage (CCUS) site at the Port of Antwerp.
Wintershall-DEA merger completed
The merger between oil and gas firms Wintershall and DEA has been completed, creating the largest independent exploration and production company in Europe.
Wintershall Dea’s chief financial officer appointed
BASF and LetterOne have agreed to hire Paul Smith as future chief financial officer of Wintershall DEA.
BASF facing “big challenges” with power supply after chemical blast
BASF said it is facing "big challenges" in supplying its customers after an explosion and subsequent fire at its biggest German plant.
At least two dead in BASF chemical plant blast
At least two people have died after an explosion at a chemical plant in Germany.
One dead after blast at BASF chemical plant
One person has been killed in an explosion at a chemical plant in Germany.
BASF shuts down German chemical plant after blast
Several people have been injured while some are missing after blasts at two German chemical plants owned by BASF.
BASF’s Wintershall studies access to Europe’s biggest gas link
BASF SE’s Wintershall unit is studying how it can participate in a project to expand a link from Russia to Germany into the European Union’s biggest gas import point.