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Air Products selects Technip to provide EPC services to hydrogen plant in Texas

Air Products has awarded a contract to Technip to support the development of a grassroots hydrogen plant in Baytown, Texas, US.

Indian Oil plans $600m upgrade project at Paradip refinery

State-run Indian Oil Corporation is planning to upgrade its $5.2bn Paradip refinery located in the state of Odisha, India, with an investment of Rs40bn ($600m).

Indian Oil to spend $600 mln on Paradip refinery upgrade

* IOC to commission a reformer this month; alkylation next month

Saudi FM says further Iranian support for "terrorism" will meet opposition from all Arab countries

CAIRO, Jan 10 (Reuters) - Saudi Foreign Minister Adel al-Jubeir said on Sunday at an emergency Arab League meeting that if Iran continues to support "terrorism, sectarianism and violence", it would face opposition from all Arab countries.

UPDATE 1-Arab foreign ministers accuse Iran of undermining regional security

CAIRO, Jan 10 (Reuters) - Arab foreign ministers on Sunday accused Iran of interfering in the affairs of other Middle East states and undermining regional security, as officials met at an emergency Arab League session to discuss escalating tensions in the region.

Saudi accuses Iran of undermining regional security

CAIRO, Jan 10 (Reuters) - Saudi Arabia's foreign minister accused Iran on Sunday of interfering in Arab affairs and undermining regional security, speaking at an emergency Arab League session called to discuss growing tensions between the regional rivals.

RPT-2016 brings more pain to U.S. shale companies as crude sinks

BENGALURU/HOUSTON, Jan 10 (Reuters) - Pain is quickly growing more acute in the new year at beleaguered U.S. shale companies as a global supply glut sinks crude further to 11-year lows, putting added financial stress on the most heavily indebted.

RPT-Facing U.S. storm, VW set for easier ride in Europe on emissions scandal

BRUSSELS/LONDON, Jan 9 (Reuters) - Volkswagen is unlikely to face U.S.-style fines in Europe over its emissions scandal because of a softer regulatory regime and its home country Germany's determination to protect its car industry, EU sources and legal experts say.

Hackers used malware to confuse utility in Ukraine outage -report

Jan 9 (Reuters) - Hackers likely caused a Dec. 23 electricity outage in Ukraine by remotely switching breakers to cut power, after installing malware to prevent technicians from detecting the attack, according to a report analysing how the incident unfolded.

Brazil's ANP eyes royalty hike for heavier crude - report

SAO PAULO, Jan 9 (Reuters) - Brazilian oil regulator ANP has proposed an increase in royalties that could help to shore up state and federal finances at the expense of heavily indebted state-run oil company Petrobras, newspaper Folha de S.Paulo reported on Saturday.

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