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Article archive for INEOS;

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Friends of the Earth banned from repeating misleading fracking claims in the UK 04 January 2017

The environmental charity Friends of the Earth (FOE) has been ordered not to repeat misleading claims it made in an anti-fracking leaflet, the UK Advertising Standards Authority watchdog announced on January 4. The leaflet claimed fracking chemicals could pollute drinking water and cause cancer and implied the process increases rates of asthma....

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Petrochemical giants first to undertake innovative training at Forth Valley College 07 December 2016

INEOS and Petroineos continue to lead the way in health and safety for the petrochemical and refining industry after becoming one of the first organisations to have its employees undertake the new CompEx Ex14 Responsible Person course available at Forth Valley College. ...

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Ineos director says Brexit will not impact London HQ move 12 July 2016

Brexit will not affect plans for chemicals giant Ineos to return group headquarters to the UK, according to one of the company’s senior directors. Speaking to Platts, Tom Crotty said the group was relocating a number of offices to the UK from Switzerland and would likely have a 50-50 mix between the two countries when the operation was complete....

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News Extra: INEOS imports first US shale gas shipment into Europe 06 April 2016

In late March, the INEOS petrochemical plant at Rafnes in Norway received a shipment of 27,500m3 of US shale gas, offloaded from the world’s largest LNG multi-gas carrier, the INEOS Intrepid, which had earlier sailed from the Markus Hook terminal near Philadelphia. This is the first time that US shale gas has ever been shipped to Europe and represents the culmination of a five-year investment programme...

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UK government awards 27 new onshore oil and gas licences 18 August 2015

The Oil & Gas Authority, part of the UK Department of Energy and Climate Change, confirmed on August 18 that 27 licences from the 14th Onshore Oil and Gas Licensing Round had been formally offered to companies, giving the green light to large-scale shale oil and gas development in the UK....

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IGas and INEOS agree UK shale gas deal 10 March 2015

On March 10 the UK’s largest shale gas developer IGas signed a £30 million ($45 million) shale gas agreement with the INEOS group, which runs a number of chemical and refining plants in the UK, including the Grangemouth refinery in Scotland....

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Grangemouth plant future depends on UK shale gas industry - INEOS 10 February 2015

The Grangemouth petrochemical plant in Scotland is unlikely to have a long-term future unless a UK shale gas industry can develop, its owner has warned. Chemicals giant INEOS wants to use shale gas as a raw material for the plant and has bought licences for gas exploration in central Scotland. However, the Scottish government imposed a moratorium on the fracking technique used to extract the gas earlier this month....

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UK parliamentary committee calls for fracking ban 26 January 2015

A committee of MPs in the UK’s parliament has called for a moratorium on fracking on the grounds that it could derail efforts to tackle climate change.The government's drive for shale gas should be put on hold because it would lead to more reliance on fossil fuels, the Environmental Audit Committee said....

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INEOS moves to become biggest player in UK shale gas industry 20 November 2014

On November 20, Swiss-based chemical giant INEOS announced it was planning to invest $1 billion (£640 million) in UK shale gas exploration and appraisal over a period of four to five years. INEOS chairman Jim Ratcliffe said substantial further investment would follow if the company subsequently moved into development and production. ...

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Ineos buys second Scotland shale gas licence 13 October 2014

Petrochemical firm Ineos has bought a second 400 sq km licence for shale gas exploration and development in central Scotland adjacent to the 329 sq km area around its Grangemouth plant it acquired in August. Ineos said it had bought an 80% stake in the licence, titled PEDL 162, from Reach Coal Seam Gas Ltd....