ECI Group/Repsol in engineering tie-up for Yulong’s petchem complex October 20, 2021 // 7 Comments ECI Group has signed an Engineering Expertise Agreement with Shandong Yulong Petrochemical Co. Ltd., a subsidiary of [...]
TAIF, Sibur merger finalised; fifth global producer October 10, 2021 // 2 Comments Russian petrochemical firms Sibur and TAIF have entered into an agreement finalising the creation of a combined entity that [...]
Accelerating electrification of steam crackers; consortium grows October 1, 2021 // 3 Comments The “Cracker of the Future” consortium has announced two new members, Spain’s Repsol and Italian chemical firm [...]
Aramco signs 22 deals; expands Namaat industrial investment programme September 14, 2021 // 2 Comments State-owned firm Saudi Aramco recently signed 22 MOUs and a joint venture agreement, in line with its plan for a major [...]
LyondellBasell plans to sell Houston oil refinery September 9, 2021 // 1 Comment Chemicals maker LyondellBasell Industries is planning to sell its Houston crude oil refinery in the US, according to a [...]
Can India’s crude imports sustain a strong rebound? September 9, 2021 // 0 Comments India’s crude imports are likely to maintain the momentum from August, with volumes last month reaching a [...]
Real-life resin price forecasting via machine learning/AI September 8, 2021 // 3 Comments Against the back of volatility of global resin prices, primarily due to Covid-19-induced factors as well as feedstock and [...]
Slow recovery expected for land rigs after catastrophic 2020 September 2, 2021 // 1 Comment A slow, gradual recovery is expected for the global land rig demand following the Covid-19 induced [...]
Adnoc signs US$1 billion framework agreements for project engineering services September 1, 2021 // 2 Comments UAE state-owned oil/gas firm Abu Dhabi National Oil Company has signed framework agreements for Concept and Front-End [...]
Diverging fates of Iranian and Venezuelan crude imports into China September 1, 2021 // 2 Comments China’s imports of Iranian crude in August have remained firm at 480,000 b/d despite tighter crude import quotas issued to [...]