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Eni to Acquire 42.5 % Interest in BP-Operated Exploration and Production Sharing Agreement

Libya: Oil and gas

Eni to Acquire 42.5 % Interest in BP-Operated Exploration and Production Sharing Agreement

10/15/2018 - The National Oil Corporation, BP and Eni have signed an agreement according to which Eni will resume exploration work in Libya. The exploration and production sharing agreement operations have remained suspended since 2014 in the region. read...

Saudi Aramco and Bapco Commission New Pipeline to Support Bahrain’s Energy Demand

Saudi Arabia: Oil Infra

Saudi Aramco and Bapco Commission New Pipeline to Support Bahrain’s Energy Demand

10/15/2018 - Equipped to transport up to 350 thousand barrels per day of crude oil, the new 112 km pipeline originates from Saudi Aramco’s Abqaiq plants and ends at the Bapco Refinery in Bahrain. read...

C4 Connect Platform for Digital Chemistry Business

Germany: Digitalization

C4 Connect Platform for Digital Chemistry Business

10/11/2018 - Representatives of Evonik's Performance Intermediates presented the outlook for C4 chemistry at the 52nd Annual Meeting of the European Petrochemical Association (EPCA). From October 7 to 10, they introduced the new C4 Connect platform. This platform extends the business model from a product-centered to a user-oriented approach, the company announced. read...

Total and Sonatrach to Continue Developing Algeria's Gas Reserves

Algeria: Natural Gas and Petrochemicals

Total and Sonatrach to Continue Developing Algeria's Gas Reserves

10/10/2018 - Sonatrach and Total have signed two agreements as part of the comprehensive partnership announced in 2017. This includes a new concession contract to jointly develop the Erg Issouane gas field located on the TFT Sud permit, signed by Sonatrach, Total and Alnaft (the National Agency for the Valorization of Hydrocarbon Resources). read...

Covestro to Invest $ 1.7 Billion in World-Scale MDI Plant

USA: Global Capacity Expansion

Covestro to Invest $ 1.7 Billion in World-Scale MDI Plant

10/09/2018 - The Supervisory Board of Covestro has approved an investment of around $ 1.7 billion to build a new world-scale MDI plant in Baytown, USA. This investment at the existing site in Baytown is the largest single investment in the history of the company. read...

Articles

How to Improve Resource Efficiency in the Petrochemical Industry

Petrochemicals: Resource Efficiency

How to Improve Resource Efficiency in the Petrochemical Industry

09/06/2018 - More from less — that was the slogan of the More project, whose goal was the definition of real-time indicators for more resource efficiency in the process. But how to monitor the complex production processes of a cracker? The two consortium participants Ineos and S-Pact developed a ready-to-use feed stream analyser based on Raman Spectroscopy. A real success story paid off in cash. read...

NEWS

Borealis to Build World-Scale Propane Dehydrogenation Plant

Belgium: Investment Decision

Borealis to Build World-Scale Propane Dehydrogenation Plant

After successfully concluding the FEED study in June 2018, Borealis has taken the final investment decision for a new, world-scale propane dehydrogenation (PDH) plant. The facility with a capacity of 750,000 tonnes per year will be located at the existing production site in Kallo (Antwerp), Belgium. The plant is scheduled to start up in the first half of 2022. read...

Lyondell Basell’s Technologies Selected for Zhejiang’s Five New Plants

China: Petrochemicals

Lyondell Basell’s Technologies Selected for Zhejiang’s Five New Plants

The licensed technologies include polypropylene, high-density polyethylene and low-density polyethylene for the five new plants. With a capacity of almost 2 million tonnes, this is the largest volume of new capacity ever licensed by Lyondell Basell. read...

Saudi Aramco and Total Collaborate to Construct 9 Billion Dollar Petrochemical Complex

Saudi Arabia: Engineering

Saudi Aramco and Total Collaborate to Construct 9 Billion Dollar Petrochemical Complex

Capable of producing 1.5 million tonnes of ethylene per year, the complex will include the first mixed-feed cracker in the Gulf region to be integrated with a refinery. read...

Fluor Will Test New Carbon Capture Technology at TCM

Norway: Engineering and Construction

Fluor Will Test New Carbon Capture Technology at TCM

Fluor has signed an agreement for use of the test facility Technology Center Mongstad (TCM) in Nordhordland. This project is to strengthen the energy technology cooperation between Norway and USA, TCMs business development manager, Bjørn-Erik Haugan says. read...

ONGC Awards One of the Biggest Integrated SPS + Surf Contracts in the World

India: Oil and Gas

ONGC Awards One of the Biggest Integrated SPS + Surf Contracts in the World

The 1,694 million dollar contract has been bagged by the Consortium of BHGE, Mc Dermott and L&T hydrocarbon for the integrated development of the KG-DWN-98/2 (Cluster-2) Project in the East Coast of India. read...

Petrochemicals to be Largest Driver of World Oil Demand: IEA

France: Research Report

Petrochemicals to be Largest Driver of World Oil Demand: IEA

The ‘Future of Petrochemicals’ report provides an in-depth scenario of the global petrochemicals market and aims to bring attention to this segment across the global energy policy platform. The report also recommends ten key policies for creating a sustainable industry. read...

Aker Solutions to Provide Brownfield Services for BP in Angola

Angola: Offshore Engineering

Aker Solutions to Provide Brownfield Services for BP in Angola

Aker Solutions has been awarded a five-year agreement to supply brownfield modifications, maintenance and operations support for BP's Greater Plutonio and PSVM fields offshore Angola. read...

Shell Participates in LNG Canada Project

Canada: Liquefied Natural Gas

Shell Participates in LNG Canada Project

Shell Canada Energy has taken a final investment decision (FID) on LNG Canada, a major liquified natural gas (LNG) project in Kitimat, British Columbia, Canada. With LNG Canada’s joint venture participants also having taken FID, construction will start immediately with first LNG expected before the middle of the next decade. read...

BP Collaborates with Aker BP to Explore Development of Advanced Technologies

UK: Tech-Expertise

BP Collaborates with Aker BP to Explore Development of Advanced Technologies

Through this alliance, both the companies aim to investigate potential venture capital investments. It will also focus on identifying and evaluating green innovations that prove beneficial for offshore oil and gas production. read...

Oneok to Expand NGL Fractionation and Natural Gas Capacity

USA: Natural Gas Liquids

Oneok to Expand NGL Fractionation and Natural Gas Capacity

Oneok plans to construct additional natural gas liquids (NGL) and natural gas infrastructure. The measures include a new 125,000-barrel per day (bpd) NGL fractionator in Mont Belvieu, Texas, and related infrastructure. read...

Exxon Mobil Commences Operations at New Unit in Integrated Texas Facility

USA: Fuels

Exxon Mobil Commences Operations at New Unit in Integrated Texas Facility

The new unit is expected to increase production of ultra-low sulfur fuels by 45,000 barrels per day. The company also has plans to expand its polyethylene manufacturing capacity by 650,000 tonnes per year by 2019. read...

Clariant Inaugurates State-of-the-Art Laboratory at Midland Facility to Strengthen R&D Activities

USA: Facility Expansion

Clariant Inaugurates State-of-the-Art Laboratory at Midland Facility to Strengthen R&D Activities

The new laboratory comprises unique capabilities which will prove beneficial for oil and gas producers in the Permian Basin. In addition to this, a larger blending plant, tank farm and a new 10-bay fleet maintenance building will also be a part of the facility’s enhancements. read...

Johnson Matthey and Eastman Licence Ethylene Glycol Technology to Jiutai

China: Coal to Ethylene Glycol

Johnson Matthey and Eastman Licence Ethylene Glycol Technology to Jiutai

Johnson Matthey and Eastman announced that Inner Mongolia Jiutai New Material (Jiutai) has chosen their advanced, proprietary technology for the production of ethylene glycol from coal at its planned 1,000,000 tonnes per annum ethylene glycol facility. read...