Sibur selects Univation PE tech for Amur GCCOctober 30, 2020 // 4 CommentsAmur Gas Chemical Complex (AGCC), the project being implemented by Russian integrated petrochemicals company Sibur, has [...]
China kicks off US$20 billion petchem/refinery projectOctober 30, 2020 // 1 CommentChina has started on its US$20 billion mega petrochemical and refining complex in east China’s Shandong province, local [...]
Borealis commissions EUR25 mn naptha cavern in FinlandOctober 26, 2020 // 4 CommentsAustrian chemical firm Borealis says that its new naphtha cavern in Porvoo, Finland, has been commissioned. Having invested [...]
Lummus awarded contract by Hengyi for Brunei PP unitOctober 26, 2020 // 1 CommentLummus Technology has announced that its Novolen business has been awarded a contract by China’s Hengyi Industries for a [...]
Saudi Aramco/Sabic re-evaluate US$20 bn crude-oil-to-chemicals projectOctober 20, 2020 // 3 CommentsState-owned giant oil/gas firm Saudi Aramco and petrochemicals firm Saudi Basic Industries (Sabic) have decided to [...]
China investing US$10 bn in four mega refineriesOctober 13, 2020 // 1 CommentChina is on a roll. Against the back of the Covid-19 pandemic, the country has raised the stakes with the investment of tens [...]
Oil demand to plateau in late 2030s, says OPECOctober 13, 2020 // 2 CommentsGlobal demand for oil will plateau in the late 2030s and by then will start to decline, according to the Organisation of the [...]
Hengli investing US$1.7 bn in PTA units in ChinaOctober 6, 2020 // 1 CommentChina’s Hengli Petrochemical is planning to add another two 2.5 million-tonne/year purified terephthalic acid (PTA) [...]
ExxonMobil to axe 11% of European workforce; 1,600 job lossesOctober 6, 2020 // 2 CommentsUS oil/gas giant ExxonMobil says it will cut 1,600 jobs in Europe, representing more than 11% of its workforce in the [...]
Sumitomo, Aramco extend US$2 bn loan to Petro RabighOctober 5, 2020 // 3 CommentsJapanese chemical firm Sumitomo Chemical and state-owned oil/gas giant Saudi Aramco will extend a US$2 billion loan to their [...]