Killajoules

CONSOL Energy Announces Plans to Supply European Cracker Facilities with Ethane from the Marcellus Shale in Western Pennsylvania
CONSOL Energy Inc. (NYSE: CNX) announced today that it has entered into agreement with Ineos Europe AG, part of the Ineos Group, to export ethane via Sunoco Logistics' Mariner East infrastructure and the Marcus Hook Delaware River port for use in Ineos' European cracker complexes.

Grangemouth is currently shut down and will remain shutdown whilst the workforce is consulted about the future
INEOS Grangemouth is today commencing direct consultations with employees on the changes to pensions and terms & conditions at the site that will secure their future

INEOS is offered $1 billion by PetroChina for a 50% share in its European refining business
Today PetroChina International (London) Co. Ltd. submitted an irrevocable offer to INEOS of US$1,015,000,000 for a 50% share in its European refining business. This business includes the refineries at Grangemouth in Scotland and Lavéra in France.

PetroChina and INEOS announce plans for new trading and refining JV in Europe
PetroChina, through its wholly-owned subsidiary PetroChina International Company Limited, has entered into a framework agreement with INEOS to form a partnership in new trading and refining joint ventures related to the refining operations in Grangemouth (Scotland) and Lavéra (France).