McDermott, Clariant awarded PDH contract in Saudi Arabia May 26, 2020 // 1 Comment Integrated engineering firm McDermott International and Swiss chemical firm Clariant have been selected by Advanced [...]
Borealis scraps US$7 bn PE project in Kazakhstan; part of cost cutting measures May 21, 2020 // 0 Comments Austrian polyolefins producer Borealis has decided not to pursue further the development of a US$6.8 billion integrated [...]
Trelleborg highlights importance of safe crude oil storage May 21, 2020 // 4 Comments Swedish technology firm Trelleborg’s applied technologies operation supports hydrocarbon storage with DryFoam, a proven UL [...]
Advanced opts for LyondellBasell PP technology for Middle East plant May 13, 2020 // 3 Comments LyondellBasell, the world’s largest licensor of polyolefin technologies, says that Advanced Global Investment Company [...]
Covid-19: JG Summit postpones start-up of petchem units May 4, 2020 // 1 Comment Against the back of the country’s lockdown, Philippine’s JG Summit Petrochemicals Group has postponed the start-up of [...]
Covid-19: S-Oil not cutting oil output, against huge losses May 4, 2020 // 1 Comment South Korean oil refiner S-Oil has said that it has no plans to reduce its output, even after posting the largest loss in [...]
Thai’s PTT to slash oil output up to 25% to offset demand drop April 25, 2020 // 2 Comments With the majority of air fleets grounded, and commuters and motorists locked down, oil demand has hit rock bottom due to the [...]
ExxonMobil breaks ground on US$10 bn chemical complex in Guangdong April 24, 2020 // 4 Comments US petrochemicals firm ExxonMobil has broken ground on its US$10 billion petrochemical complex in Huizhou, southern [...]
Crude oil back at US$1 after hitting negative territory of US$0/barrel April 21, 2020 // 2 Comments A global shock – crude oil has hit rock bottom as storage struggles to contain glut. On Monday, US oil prices had [...]
OMV acquires majority stake in Borealis for US$4 bn April 6, 2020 // 3 Comments Mubadala Investment Company, the Abu Dhabi-based strategic investment company, and OMV, oil and gas company headquartered in [...]