Sinopec-SK Petrochemical acquires oil refinery in China May 2, 2019 // 4 Comments The joint venture firm of South Korea’s energy and chemical company SK Innovation and Chinese oil/gas major Sinopec, [...]
Nouryon signs deal with SulNOx for additives for the fuels market April 30, 2019 // 3 Comments Nouryon (formerly AkzoNobel Specialty Chemicals) will expand its offerings to customers in the fuels market through an [...]
SOCAR and BP petchem project in Turkey to start construction next year April 29, 2019 // 1 Comment Azerbaijan’s state energy company SOCAR, which is the largest direct foreign investor in Turkey, and UK petroleum [...]
Saudi Arabia’s TAQA to acquire Schlumberger’s drilling business for US$415 mn April 29, 2019 // 1 Comment Saudi Arabia’s Industrialization and Energy Services Company (TAQA) says that its drilling subsidiary, Arabian Drilling [...]
ExxonMobil to invest US$1bn to expand UK refinery April 26, 2019 // 2 Comments US oil/petrochemical firm ExxonMobil says it has made a final investment decision to spend more than US$1billion expanding [...]
US oil/gas sector boom a prelude to a meltdown? April 26, 2019 // 4 Comments Conditions in the oil and gas infrastructure sector are hauntingly similar to those preceding the coal mining equities crash [...]
Saudi Aramco to invest in India’s Reliance; take up Shell’s stake in Saudi jv April 18, 2019 // 2 Comments State-owned oil/gas company Saudi Aramco has been reported to be in talks to buy a stake of between 20 to 25% in the [...]
Sibur and TransContainer sign LOI on shipment of ZapSibNeftekhim polymer products April 17, 2019 // 4 Comments Russian chemical firm Sibur Holding and TransContainer have entered into a letter of intent (LOI) outlining joint plans for [...]
BP, Nouryon and Port of Rotterdam partner on green hydrogen study April 16, 2019 // 2 Comments Oil firm BP, chemical firm Nouryon (formerly AkzoNobel Specialty Chemicals), and the Port of Rotterdam have joined forces [...]
Saudi Aramco acquires stake in Hyundai Oilbank at US$1.25 bn April 16, 2019 // 3 Comments State-owned oil/gas company Saudi Aramco is to acquire a 17% stake in South Korea’s Hyundai Oilbank for about US$1.25 [...]