Qatar finds a partner in Mexican Oil with Eni December 17, 2018 // 2 Comments Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA. As the country continues to expand [...]
Petronas partners with YPF in multibillion dollar oil project December 6, 2018 // 2 Comments Argentinian energy company YPF and Malaysia’s Petronas will come together to invest US$2.3 billion over the next four [...]
Petrobras makes US$823 million sale to 3R and Perenco December 5, 2018 // 3 Comments Petrobras will sell 34 onshore production fields in northeast Brazil to 3R Petroleum for US$453 million and three shallow [...]
Hanwha Total Petrochemical bankrolls refining complex expansion in Daesan December 4, 2018 // 4 Comments Hanwha Total Petrochemical, a 50/50 joint venture between Total and Hanwha, is investing almost US$500 million to further [...]
Brent crude prices rebound after monthly fall November 30, 2018 // 4 Comments Oil prices has risen as much as 2% after a brief slump. Prices in November were down nearly 22% so far, set for the biggest [...]
Dow starts up polyol plant in Thailand November 29, 2018 // 3 Comments US chemicals giant Dow Chemical has started up a new plant in Rayong, Thailand, that will produce 79,000 tonnes/year of [...]
BP begins oil production at Clair Ridge November 26, 2018 // 5 Comments BP has started extracting oil from one of the UK’s biggest offshore investments in decades. The energy giant said that oil [...]
Versalis joins Mazrui to cater to the Middle East petrochemical market November 13, 2018 // 0 Comments Versalis, the Eni chemical company, and Mazrui Energy Services as well as its subsidiary Petrochem, have signed an agreement [...]
Hyundai exits multi-million dollar deal in Iran October 30, 2018 // 3 Comments Hyundai Engineering & Construction has dismissed a US$521 million deal for the construction of a petrochemicals complex [...]
BASF/Sinopec to build additional steam cracker in China October 30, 2018 // 1 Comment Chemical giant BASF has entered into its second major investment in China this year, having recently signed a memorandum of [...]