Ineos Group Limited
INEOS is a global manufacturer of petrochemicals, specialty chemicals and oil products. It comprises 15 businesses each with a major chemical company heritage. Its production network spans 60 manufacturing facilities in 13 countries throughout the world.
INEOS is a young company. It has grown through a series of related acquisitions to become a leading chemical company with sales today around $ 28.4 billion.
Latest Ineos Group Limited News
Ineos has announced plans to invest £640 million in shale gas exploration in the UK. The company said it had applied for numerous exploration blocks in an ongoing licensing round run by the Department of Energy and Climate Chang Chief executive of Ineos Upstream, Gary Haywood, said: 'I w... Thursday, November 20, 2014
Oil price Another quiet day at the office for oil traders, this time next week will be the Opec meeting and of course Thanksgiving Day. The Libyan Oil Minister has said that he thinks Opec will 'scale back to their original 30m b/d target' which, even if adhered to would not represent enoug... Thursday, November 20, 2014
INEOS Upstream Limited yesterday signed an agreement with Reach Coal Seam Gas Limited (Reach CSG) to acquire an 80% interest in Petroleum Exploration and Development Licence (PEDL) 162, in the Midland Valley of Scotland. This licence area of 400 km2 is next to PEDL 133, in which INEOS already owns a... Tuesday, October 14, 2014
Oil price A short and sharp blog today as I am off to do a CEO interview with Rory Scott Russell of Range Resources, I will add to company news later if I glean more. The oil price remains persistently weak and will do if this perfect storm continues, everyday there is more oil on world markets an... Tuesday, October 14, 2014
All Ineos Group Limited News
Oil price This morning the oil price is down again, not much but around 70 cents which takes Brent nearer the recent lows, note that the differential is $3.46 at the bottom end of its range. WTI outperformance is partly due to the US GDP numbers last week but also the strength of the greenback and ... Monday, September 29, 2014