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Petrochemicals


Moscow Refinery Completes Installation of Large-Scale Equipment for its Cutting-Edge Euro+ CORU
RU >> 6/14/2018 - Eighty nine percent of works on the construction of the Euro+ combined oil refining unit (CORU) at the Gapzrom Neft Moscow Refinery are now complete, including installation of all large-scale equipmen...
Van Oord & Shell Marine Sign Five-Year Partnership
AN >> 6/12/2018 - Global maritime contractor Van Oord has signed a five-year partnership agreement with Shell Marine covering the lubrication needs for its entire fleet of vessels. The all-inclusive agreement was ackno...
ASTM Creats New Technique to Measure In-Service Oil Viscosity
US >> 6/12/2018 - ASTM International’s committee on petroleum products, liquid fuels, and lubricants (D02) has created a new standard (soon to be released as D8185) that will serve as a guide for determining how to mea...
Iran & Iraq Begin Strategic Oil Swap Scheme
IR >> 6/9/2018 - Iran has started exchanging crude oil with Iraq through a strategic project which is believed to open a new route for Baghdad to export its oil. Iran’s Ministry of Petroleum announced that road tanker...
Lukoil Opens Petroleum Products Loading Terminal in Volgograd
RU >> 6/8/2018 - A new terminal for the loading of bitumen products and lubricants was opened at LUKOIL's wholly-owned refinery in Volgograd, today. The opening ceremony was attended by Maxim Donde, LUKOIL Vice Presid...
Vietnam's Second Refinery To Be Fully Operational By Early August
VN >> 6/6/2018 - Vietnam's second oil refinery will be fully operational by early August, a senior executive at the plant told Reuters on Wednesday, significantly reducing the country's reliance on refined product imp...
McDermott Joins Groundbreaking Ceremony for New Ethane Cracker in Texas
US >> 6/4/2018 - McDermott International, Inc. participated in a groundbreaking ceremony on a previously announced ethane cracker project in Port Arthur, Texas, with its customer for the project Bayport Polymers LLC (...
LyondellBasell Advancing the Change to Non-Phthalate Catalysts in Polypropylene
US >> 6/4/2018 - LyondellBasell (LYB), one of the world's largest plastics, chemicals and refining companies aims to complete the conversion to non-phthalate catalyst for all Polypropylene food packaging grades by yea...
Lukoil Starts Bitumen Production in Perm
RU >> 5/29/2018 - LUKOIL commenced production of road bitumen at its Perm refinery. The product complies with the new national standard requiring extended life and advanced durability of materials. The earlier commissi...
Gazprom Neft Expands Its Partnership with the Moscow Oblast
RU >> 5/24/2018 - Gazprom Neft has concluded a Cooperation Agreement with the Government of the Moscow Oblast on delivering modern, high-technology bitumen materials for the region’s roads, as well as cooperating in im...
Iraq Invites Bids to Build Oil Refinery in Diwaniya
IQ >> 5/15/2018 -  Investors interested in bidding to build a 70,000 barrel-per-day oil refinery in Diwaniya south of Baghdad have until July 31 to make offers, the Iraqi oil ministry said in a statement. ...
Yemen's Aden Refinery Seeking 150,000 tonnes of Oil Products
YE >> 5/13/2018 - Yemen’s Aden refinery is seeking 150,000 tonnes of oil products for the local market in two separate tenders, the state news agency SABA said. ...
Iraq Sets June 14 Bid Deadline for Kut Oil Refinery Project
IQ >> 5/9/2018 - Investors interested in bidding for a project to build a 100,000 barrel-per-day refinery in Kut have until June 14 to make offers, an oil ministry statement said. ...
Qatar Petroleum to Build a World-scale Petrochemicals Complex
Qatar Petroleum to Build a World-scale Petrochemicals Complex QA >> 5/15/2018 - Qatar Petroleum has invited a group of leading international companies, with extensive experiences in the petrochemicals industry, to submit proposals for partnering with Qatar Petroleum in the develo...
ADNOC and Cepsa Sign Agreement for New LAB Facility
AE >> 5/14/2018 - The Abu Dhabi National Oil Company (ADNOC) has signed a project development agreement with Cepsa of Spain for a new, world-scale Linear Alkylbenzene (LAB) facility in ADNOC’s refining and petrochemica...
Award for Design of Oman Petchem Complex Soon
OM >> 5/12/2018 - Having signed in place agreements for the implementation of the $7 billion Duqm Refinery project, the joint venture partners — Oman Oil Company and Kuwait Petroleum International (KPI) — are now prepa...
Japan Firm Plans Licensing of Iran Petchem Projects
IR >> 5/9/2018 - Japan’s Mitsubishi Chemical is finalizing several licensing agreements with a number of Iranian petrochemical companies. ...
NIOPDC Signs Memorandum with Domestic Manufacturer
IR >> 5/9/2018 - The National Iranian Oil Products Distribution Company (NIOPDC) has signed a memorandum of understanding with Supplying Petrochemical Industries Part Equipment and Chemical Engineering Company (SPEC) ...
Japan Firm Plans Licensing of Iran Petchem Projects
IR >> 5/9/2018 - Japan’s Mitsubishi Chemical is finalizing several licensing agreements with a number of Iranian petrochemical companies. ...
BP Chooses hte to Test Commercial Refining Catalysts
DE >> 5/9/2018 - hte , the high throughput experimentation company has been selected by BP to evaluate commercial catalysts for both naphtha reforming and hydrocracking applications using high throughput technology un...
Oman Working with McKinsey to Integrate Refining, Petrochemical Assets
OM >> 5/7/2018 - Oman is working with consultancy Mckinsey & Co to integrate its refining and petrochemical industries into one entity, a senior Omani official and a financial source familiar with the matter said. ...
Sinopec Starts Catalytic Cracking Unit Construction at JV Refinery with Kuwait
CN >> 5/4/2018 - Sinopec has started the construction of a 4.2-million-tonnes per year catalytic cracking unit at the Sino-Kuwait Guangdong refinery project, the company newspaper said. Sinopec expects to complete the...
Peru Prime Minister Revives Proposal for Petrochemical Plant
PE >> 5/2/2018 - Peru’s prime minister revived the idea of building a petrochemical plant in southern Peru that would be fed by a natural gas pipeline, the construction of which has been delayed by more than a year. ...
SIBUR Presented ZapSib PP & PE Grades at CHINAPLAS 2018
CN >> 4/27/2018 - SIBUR presented its polyolefins at CHINAPLAS 2018, Asia's largest petrochemical exhibition hosted in Shanghai, China. This year, the Company showcased not only the LDPE and PP homo grades, but also it...
Gazprom Neft Reviews Plans for Developing Catalyst Production
RU >> 4/20/2018 - The Gazprom Neft Board of Directors has reviewed its implementation of an innovative project developing cat-cracking and hydro-treatment catalysts. The project forms part of the company’s strategy on ...
Air Liquide Signs a New Long-Term Contract with Covestro for the Supply of Hydrogen
BE >> 4/17/2018 - Air Liquide and Covestro, a world-leading supplier of high-tech polymer materials, have recently signed a new long-term contract for the supply of hydrogen at Covestro’s production site in the port ar...
Iraq Importation of Diesel will be Stopped Because Iraq Produces it
IQ >> 4/23/2018 - The minister of oil declared that the ministry of oil have taken a decision to stop importing the diesel for May 2018 for the first time since 2003. ...
ADNOC Setting Up New Trading Unit for Crude, Refined Products
AE >> 4/23/2018 - Abu Dhabi National Oil Company (ADNOC) was setting up a new trading unit for its crude oil and refined products. The unit will be part of ADNOC’s Marketing, Sales and Trading Directorate, the company ...
KBR’s Proprietary SCORE Ethylene Technology Based Revamp Project Completed at KPIC
KR >> 4/17/2018 - KBR, Inc. (KBR) announced today the successful completion of the ethylene plant revamp project for Korea Petrochemical Ind. Co., Ltd (KPIC) in Ulsan, Korea. ...
Uganda Signs Agreement with Investors to Build Oil Refinery
UG >> 4/10/2018 - Uganda signed an agreement on Tuesday with a consortium, including a subsidiary of America’s General Electric, to build and operate an oil refinery in western Uganda that will cost $3 billion-$4 billi...
Construction Starts at the World's Largest Hydrogen Pilot Plant
AT >> 4/16/2018 - An EU-funded flagship project for a CO2-reduced energy future and the decarbonization of steel production is taking shape: today, at the voestalpine site in Linz, the H2FUTURE project consortium, cons...
SP13 Gas Production Capacity to Meet 50 MCM per day
IR >> 4/7/2018 - Managing director of Pars Oil and Gas Company (POGC) announced that south pars phase 13 refinery will reach to 50 million cubic meters per day by winter 2019. ...
Aramco & RRPCL Sign MoU to Develop $44 Billion Ratnagiri Mega Petrochemicals Complex
Aramco & RRPCL Sign MoU to Develop $44 Billion Ratnagiri Mega Petrochemicals Complex IN >> 4/11/2018 - President & CEO Amin H. Nasser: “Investing in India is a key part of Saudi Aramco’s global downstream strategy, and another milestone in our growing relationship with India.” ...
SOCAR will Launch Oil Refinery in Turkey in 2018
TR >> 3/30/2018 - Petkim's net profit grew more than 9 times in the 9 years up to 2017. As a result of the optimization measures taken last year, approximately $50 million was saved. ...
Rosneft Starts Production & Sales of Euro 6 Gasolines with Improved Environmental Indicators
RU >> 4/10/2018 - Rosneft has started industrial production of improved high-octane gasolines (including branded ones) far outstripping currently produced in Russia fuels of Class 5 by environmental indicators and perf...
Saudi Aramco, Total Sign MoU to Set up $5B Petrochemical Complex
Saudi Aramco, Total Sign MoU to Set up $5B Petrochemical Complex SA >> 4/10/2018 - During the official visit to Paris by Crown Prince of Saudi Arabia, HRH Mohammed bin Salman, Saudi Aramco and Total signed a memorandum of understanding to build a giant petrochemical complex in Jubai...
Greece & Paneuropean Agree to Divest 50.1% in Hellenic Petroleum
GR >> 4/4/2018 - Greece and Paneuropean Oil and Industrial Holding have agreed to divest a combined stake of at least 50.1 percent in Hellenic Petroleum, Greece’s biggest oil refiner, via an international tender. ...
Maire Tecnimont Sees Opportunities in Algeria Energy Shake-up
DZ >> 3/23/2018 - Maire Tecnimont (MTCM.MI) hopes to pick up business from Sonatrach as the Algerian state-owned energy company’s new management starts investing again, the head of the Italian engineer told Reuters. ...
KBR Wins Additional Work on ACRON Ammonia Plant in Russia
RU >> 3/22/2018 - KBR, Inc. (KBR) announced that it has been awarded a contract by JSC ACRON subsidiary JSC Dorogobuzh to provide equipment to revamp its ammonia plant located in Dorogobuzh in the Smolensk region of R...
Angola Drops Trafigura as Glencore and Total Win Major Fuel Tender
AO >> 3/16/2018 - Angolan state oil company Sonangol awarded its rare refined products buy tender to Glencore and Total, Sonangol said on Friday, cutting out long-time supplier Trafigura. ...

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