Petronas to set up INA plant in PIC; investment of US$442 mn April 20, 2017 // 2 Comments Petronas Chemicals Group (PCG), a subsidiary of Malaysian petrochemicals/oil giant Petronas, is investing US$442 million to [...]
ExxonMobil/Sabic decide on Corpus Christi for petrochemical plant April 20, 2017 // 1 Comment US-headquartered ExxonMobil Chemical Company and Riyadh-based Sabic’s joint plans for the development of a petrochemical [...]
OMV to invest around EUR110 mn in Schwechat refinery for turnaround work April 14, 2017 // 1 Comment Vienna-based international, integrated oil and gas company OMV is investing around EUR110 million in the petrochemicals [...]
IEA: Global oil market close to balance with OPEC output cuts, rising US supply April 14, 2017 // 2 Comments The International Energy Agency (IEA) said the global oil market is close to matching up as OPEC’s landmark production [...]
Hengli Petrochemical’s 400 kt/year HDPE project April 13, 2017 // 1 Comment China’s Hengli Petrochemical (Dalian) Chemical Co., is building a 400 kilotonne/year-high density polyethylene (HDPE) unit [...]
Algeria’s SONATRACH, Total strengthen oil and gas, energy partnership April 12, 2017 // 4 Comments Algeria’s state energy company SONATRACH (Société Nationale pour la Recherche, la Production, le Transport, la [...]
Iran to cut benefits on crude oil sales to Indian state-run refiners April 10, 2017 // 0 Comments Iran will reduce the benefits of some Indian state-run refiners on crude oil purchases after India decided to reduce the [...]
ExxonMobil, Qatar Petroleum sign oil, gas exploration contract with Cyprus April 7, 2017 // 2 Comments American multinational oil and gas corporation ExxonMobil and state-owned Qatar Petroleum have signed an oil and gas deal [...]
China overtakes Canada as biggest importer of US crude oil April 7, 2017 // 1 Comment China has now overtaken Canada as the biggest importer of US light crude oil, according to data by the US Census Bureau [...]
Ineos to take over Forties Pipeline System, associated assets from BP April 5, 2017 // 4 Comments Ineos is taking over the Forties Pipeline System (FPS) and its associated oil and gas assets in the UK North Sea from BP in [...]