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 [...]
Albania calls for hydrocarbon exploration October 29, 2018 // 3 Comments Albania is opening its doors to investments from companies interested in hydrocarbon exploration and production sector, in a [...]
Saudi Aramco draws up multi-billion dollar agreements October 25, 2018 // 4 Comments Saudi Aramco has signed 15 Memoranda of Understanding (MoUs) and strategic and commercial collaborations for more than US$34 [...]
World’s largest bismuth plug set up in North Sea October 24, 2018 // 2 Comments BiSN, in partnership with Aker BP and Altus Intervention, has successfully deployed the world’s largest bismuth plug. The [...]
Turkmenistan reveals new petrochemical plant to boost country exports October 23, 2018 // 3 Comments Turkmenistan opened a US$3.4 billion petrochemical plant as the country looks to access greater value from natural gas and [...]