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Petrochemicals


Kuwait's Fifth Refinery to Cost $5-$6Bln
KW >> 11/6/2018 - Kuwait's fifth refinery will cost $5 bln to $6 bln, Hatem Al-Awadhi, Kuwait Integrated Petroleum Industries Company (KIPIC)Hatem Al-Awadhi said in remarks carried by al-Qabas newspaper. ...
SP20-21; Liquid Gas Reservoirs Exploited
IR >> 10/29/2018 - In order to complete the value chain of the phases 20-21, liquid gas reservoirs started being exploited by gas entry to the butane reservoirs. The exploitation was carried out by the use of processing...
Egypt's Midor Refinery Agrees $1.2B Loan with 3 International Banks
Egypt's Midor Refinery Agrees $1.2B Loan with 3 International Banks EG >> 10/31/2018 - Egypt’s state-owned Middle East Oil Refinery Company (Midor) has signed a $1.2 billion loan agreement with three international, the petroleum ministry said in a statement. ...
Gazprom Neft Begins Preparing Capacity for Russia’s First Ever Needle Coke Production Facility
RU >> 10/8/2018 - Installation of essential reaction equipment has commenced at Gazprom Neft’s Omsk Refinery, part of initiatives to modernize the refinery’s delayed coking unit (DCU). This project will, for the first ...
Aramco Expands Presence in China Refining Market with Signing of MOU with Zhejiang Petrochemical
CN >> 10/19/2018 - Saudi Aramco recently signed an MoU with Chinese Zhejiang provincial government during the 2nd International Petroleum and Natural Gas Enterprises Conference (IPEC), to acquire a share of Zhejiang Pet...
SOCAR’s Giant Investment Project - STAR Refinery Launched
TR >> 10/19/2018 - SOCAR, the largest direct foreign investor in Turkey, launched its $6.3-billion SOCAR Turkey Aegean Refinery - STAR Refinery, which will provide a large portion of oil products demand in the local mar...
Brazil's Petrobras & China's CNPC Sign Accord Advancing JV
BR >> 10/16/2018 - Brazilian state-run oil firm Petroleo Brasileiro SA and a subsidiary of China National Petroleum Corp (CNPC) have signed an agreement to study the economic viability of completing construction of the ...
Total Opens its New State-of-the-art Lubricants Oil Blending and Production Plant
RU >> 10/15/2018 - Total has inaugurated its new state-of-the-art lubricants oil blending plant, strategically located in the Kaluga region of the Russian Federation. The grand opening ceremony took place today, October...
Bottom of the Barrel Technology – A key Solution for Middle East Refiners
Bottom of the Barrel Technology – A key Solution for Middle East Refiners BH >> 10/15/2018 - Residue Upgrading is increasingly recognised as a key solution to the pressing challenge of meeting the growing market for cleaner fuels, the gradual substitution of heavier feedstock and the decreasi...
Journalists at the TANECO Complex
RU >> 10/12/2018 - Dmitry Vorobyov, General Director of PJSC OMZ, and Yury Gordienkov, General Director of PJSC Izhorskiye Zavody, visited the TANECO Complex on October 11 in the framework of the journalists’ team press...
India Buys 75% Less US Oil, Purchase More Iranian Crude
IR >> 10/6/2018 - India’s purchases of US crude oil have fallen by 75 percent over the past four months as the subcontinent stocks up on Iranian crude, Reuters has reported. ...
RN-Bunker & Russian Fishery Company Signed a Long Term Contract for Marine Fuel Supply
RU >> 9/12/2018 - RN-Bunker (a Rosneft subsidiary) and Russian Fishery Company in the framework of the IV Eastern Economic Forum signed a marine fuel supply contract for five years on formula pricing terms. ...
Rosneft & Roskosmos Agree on Supplying Rocket Fuel
RU >> 9/12/2018 - Rosneft and Roskosmos in the framework of the IV Eastern Economic Forum signed the agreement on supplying napthtyl rocket fuel for the needs of Roskosmos. ...
ADNOC's Ruwais Unit Reaches Full Production of Polymer-grade Propylene
AE >> 9/19/2018 - Abu Dhabi’s National Oil Company (ADNOC) has reached full production of polymer-grade propylene from its newly commissioned Ruwais-based Propane Dehydrogenation (PDH) unit, the firm said in a statemen...
SABIC Signed MoU with Fujian Provincial Government of the Republic of China
CN >> 9/11/2018 - Saudi Basic Industries Corporation (SABIC) announces the signing of a Memorandum of Understanding (MoU) with the Fujian Provincial Government of the Republic of China on 11th September 2018. The Memor...
Gazprom Neft Develops Its Partnership with the Primorsky Krai
RU >> 9/11/2018 - Gazprom Neft and the Administration of the Primorsky Krai have concluded an Agreement at this year’s Eastern Economic Forum, providing for cooperation in the import substitution of lubricants and serv...
Mayor of Moscow Takes A View On Progress on Moscow Refinery’s Euro+ Facility
RU >> 8/31/2018 - As construction of a new high-technology Euro+ combined oil refining unit (CORU) nears completion at the Gazprom Neft Moscow Refinery, Moscow Mayor Sergey Sobyanin has made an inspection of final work...
NISOC Signs $1.2 Billion Gas Deals with PGPIC, Maroon Petchem Co.
IR >> 9/4/2018 - The National Iranian South Oil Company (NISOC) signed two contracts, totally valued at $1.2 billion, with the Persian Gulf Petrochemical Industries Company (PGPIC) and Maroon Petrochemical Company for...
Lukoil Starts Construction of Petroleum Residue Recycling Facility at Nizhny Novgorod Refinery
RU >> 8/29/2018 - The official unveiling of a sign to commemorate the start of construction of LUKOIL's Petroleum Residue Recycling Facility took place today in Kstovo, Nizhny Novgorod Region. The facility, based on th...
Sales of Gazprom Neft Lubricants Up 20%
RU >> 8/28/2018 - Gazpromneft-Lubricants, operator of the Gazprom Neft lubricants business, increased sales by 20 percent year-on-year in 1H 2018, to 319,000 tonnes — sales of premium lubricants, moreover, comprising a...
Air Liquide Enters Kazakhstan
KZ >> 9/1/2018 - Air Liquide starts supplying hydrogen in Kazakhstan through the acquisition of hydrogen and purification units with a total capacity of up to 30.000 Nm3/h. This investment of 12 million euros by Air L...
Sinopec Says Some Refineries Would Be Hit by a Halt in Iran Crude Oil Buying
IR >> 9/1/2018 - Huang Wensheng, vice president of the company formally known as China Petroleum & Chemical Corp, said in the first public comment about Washington’s decision to resume sanctions on Iran that some of t...
Governor Farkhutdinov Ships 600th Crude Oil Cargo for Sakhalin-2
RU >> 8/15/2018 - On 14 August 2018, Sovcomflot’s shuttle tanker Governor Farkhutdinov loaded the milestone 600th cargo of crude oil from Sakhalin-2. The 96,000 tonnes of cargo is for delivery to the port of Quanzhou, ...
Iran Can Become Petchem Hub
IR >> 8/28/2018 - A businessman involved in the petrochemical industry says Iran enjoys the required advantages to become a petrochemical hub in the region. ...
Iran Bent on Developing Phase II of Mahshahr
IR >> 8/28/2018 - The National Petrochemical Company (NPC) is planning to complete the value chain in the second phase of Mahshahr Petrochemical Zone (PETZONE) in the southwestern provinces of Khuzestan. ...
Sinopec Says Some Refineries Would Be Hit By A Halt In Iran Crude Buying
IR >> 8/27/2018 - A senior executive at Sinopec, the country's largest refiner, said that some of its refineries will be negatively affected if it stops importing Iranian crude, in the first public comment by a senior ...
KAZENERGY Talks Reasons of Rise in Diesel Price in Kazakhstan
KZ >> 8/9/2018 - The Issues Of Pricing For Fuels And Lubricants For Agricultural Producers Were Discussed Again With Journalists ...
Eni Sells 20% Stake in Nour North Sinai Concession to Mubadala
EG >> 11/12/2018 - The Chief Executive Officer of Petroleum & Petrochemicals, Mubadala Investment Company, and Chairman of Mubadala Petroleum, Musabbeh Al Kaabi, and the Chief Executive Officer of Eni, Claudio Descalzi,...
Supreme Petroleum Council Approves ADNOC’s 2019-2023 Business Plan
Supreme Petroleum Council Approves ADNOC’s 2019-2023 Business Plan AE >> 11/4/2018 - Abu Dhabi’s Supreme Petroleum Council (SPC) approved the Abu Dhabi National Oil Company’s (ADNOC) new integrated gas strategy and plans to increase its oil production capacity to 4 million barrels per...
Total Reaffirms Plans for LNG Bunkering Scheme
OM >> 10/30/2018 - Global energy giant Total envisions a significant place for Oman in its expanding portfolio of LNG related investments that provide liquefied natural gas as bunker fuel for merchant ships, particularl...
SIBUR & SG-trans Set up a JV for Petrochemicals Transportation
RU >> 10/31/2018 - SIBUR, Russia’s largest integrated petrochemicals company, and SG-trans, one of the country's major railway operators, have set up Petrochemicals Transportation Company (NKhTK), a liquefied petroleum ...
McDermott Completes Strategic Review of Portfolio
US >> 10/30/2018 - McDermott International, Inc. (MDR) announced it has completed a comprehensive strategic review of its portfolio as part of the integration process resulting from its combination with CB&I earlier thi...
ADNOC Aims to Deepen Energy Partnership Opportunities with India
AE >> 10/15/2018 - His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC), met, with His Excellency Narendra Modi, Prime Minister of India, at an invi...
Grace Licenses Technology to Sidi Kerir Petrochemicals Co
Grace Licenses Technology to Sidi Kerir Petrochemicals Co EG >> 9/25/2018 - W. R. Grace & Co. (GRA), the leading independent supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has licensed its UNIPOL® PP Process Technology to Sidi Kerir Petr...
McDermott Awarded PDH Technology Contract in Europe by INEOS
FR >> 10/10/2018 - McDermott International, Inc. has been awarded a sizeable technology contract by INEOS for the license and engineering of a planned propane dehydrogenation (PDH) unit in Europe. ...
Total, Borealis & NOVA Chemicals Take FID for New Unit
US >> 9/25/2018 - Bayport Polymers, LLC a 50/50 joint venture owned by Total S.A. (“Total”) and Novealis Holdings LLC, itself a joint venture of Borealis AG (“Borealis”) and NOVA Chemicals Inc. (“NOVA Chemicals”) – ann...
Aramco & Total Launch Engineering Studies to Build Giant Petrochemical Complex
Aramco & Total Launch Engineering Studies to Build Giant Petrochemical Complex SA >> 10/8/2018 - Amin H. Nasser, President and Chief Executive Officer of Saudi Aramco and Patrick Pouyanne, Chairman and Chief Executive Officer of Total, signed in Dhahran the joint development agreement for the fro...
Total & Sonatrach Strengthen Their Cooperation in Natural Gas and Petrochemicals in Algeria
DZ >> 10/7/2018 - Sonatrach and Total have signed two agreements as part of the comprehensive partnership announced in 2017: ...
Yokogawa Releases the FLXA402 4-Wire Liquid Analyzer
JP >> 10/5/2018 - Yokogawa Electric Corporation (TOKYO: 6841) announces that it has added two new solutions to the OpreX™ Analyzers family with the development of the FLXA402 4-wire liquid analyzer and the SA11 SENCOM™...
SNC-Lavalin Signs Project Management Contract in Vietnam
VN >> 9/28/2018 - SNC-Lavalin announces that it has signed a project management contract (PMC) with Long Son Petrochemicals Company Limited (LSP), a subsidiary of the Siam Cement Public Company Limited (SCG) of Thailan...

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