Oil & Gas

Conoco Phillips to Sell Interests in Australia-West for 1.39 Billion Dollars

15/10/2019 - Conoco Phillips will be selling its Australia-West business with operating interests in Darwin LNG, Bayu-Undan, Barossa and Poseidon to Santos. The company will also receive 75 million dollars once the final investment decision has been taken regarding the Barossa development project. read...

Total to Buy 37.4 % Stake in Adani Gas

14/10/2019 - With an aim to contribute to the development of the Indian natural gas market, Total has expanded its partnership with leading Indian multinational conglomerate firm, Adani Group. Under the deal, Total will also bring its LNG as well as retail expertise and will supply LNG to Adani Gas. read...

Finland: Sustainable Aviation Fuels

Neste Partners with Lufthansa to Develop Renewable Solutions for Aviation

Under the terms of the collaboration, Lufthansa will make use of Neste’s sustainable aviation fuel for its flights departing from Frankfurt, Germany. The sustainable aviation fuel is produced from renewable waste and residue raw materials. read...

Hungary: $ 1.3 Billion Investment

MOL and Thyssenkrupp Start Construction of New Polyol Complex

Thyssenkrupp is building a new integrated chemical complex in Hungary. The foundation stone for the polyol production facility was laid on September 27, 2019 in Tiszaújváros. read...

Norway: Oil & Gas

Exxon Mobil Sells Norway Upstream Assets for 4.5 Billion Dollars

Vår Energi has signed an agreement with Exxon Mobil to acquire the non-operated upstream assets in Norway. The deal is in line with Exxon Mobil’s strategy to divest approximately 15 billion dollars in non-strategic assets by 2021. read...

USA: Sustainability Goals

OGCI Undertakes New Initiatives to Reduce Gas Emissions

The Oil and Gas Climate Initiative (OGCI) has launched additional initiatives to support the objectives of the Paris Agreement including the introduction of a Kick Starter initiative to encourage large-scale commercial carbon capture, use and storage across the globe. read...

India: Plant Shutdown

Massive Fire Breaks Out at Haldia Petrochemicals’ Naphtha Cracker Unit

The fire at Haldia Petrochemicals’ plant has been extinguished but it remains shut in order to identify the root cause of the fire and also to examine the extent of damage caused. Haldia Petrochemicals also has plans to form a committee to probe the incident. read...

UAE: Onshore Support

Petrofac Wins Maintenance Services Contract from Al Dhafra Petroleum

Under the terms of the contract, Petrofac will provide maintenance services for Al Dhafra Petroleum’s Haliba field which is located onshore along the south-east border of Abu Dhabi, UAE. read...

Saudi Arabia: Downstream Operations

Saudi Aramco Completes Acquisition in Sasref JV for 631 Million Dollars

Saudi Aramco has completed the acquisition of Shell’s 50 % stake in the Sasref refining joint venture in Jubail, Saudi Arabia. The move is in line with Saudi Aramco’s long term downstream growth strategy. read...

Norway: Field Development

Equinor Begins Production from Utgard Gas and Condensate Field

Equinor and its partners have successfully delivered the project ahead of schedule without any injuries. The project has also been completed 25 % below the cost estimate. read...

South Korea: Petrochemicals

Hanwha Total Increases Ethylene Production by Investing 450 Million Dollars

The Daesan integrated refining and petrochemicals complex has begun its new ethylene production capacities in South Korea. Now, the complex can produce 1.4 million tonnes per year of ethylene, an increase of 30 %. read...

Saudi Arabia: Oil Crisis

Saudi Aramco Loses 6 Million Barrels of Oil to Drone Attack

The drone attacks at Saudi Aramco’s Abqaiq plant and Khurais oil field knocked out more than half of the firm’s daily output which is 5 % of the global crude supply. Recent news reports have now stated that the Saudi oil major will fully restore production at both the plants by the end of September. read...

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How to Handle the Temperature Curve in the Expansion Vessel

15.10.19 - Heat transfer ﬂuids in a broader sense as well as water and water steam include: refrigerants, organic ﬂuids, salt melts, liquid metals and hot gases. The German standard reference 'Heat Transfer Technique with Organic Fluids' is now published as an international edition as Vogel-Reference-Book. This technical operation specialist book describes plants that primarily use organic heat transfer ﬂuids. In our PROCESS-Series we present you some excerpts of this book. In this article we will show you, how to handle with temperature curve in the expansion vessel. read...

Lyondell Basell to Build Molecular Recycling Facility

16.10.19 - Lyondell Basell has plans to construct the new small-scale facility as a test plant for converting post-consumer plastic waste into new plastics. The company aims to achieve this task by using its proprietary molecular recycling technology which includes a proprietary catalyst-based approach. read...

Nouryon Confirms Plans for EA-World-Scale Facility

17.10.19 - Nouryon has successfully produced the first ethylene amines products in a Swedish demonstration plant, confirming the new technology on an industrially relevant scale and marking the next step towards full commercialization. The company plans to built a world-scale manufacturing facility based on this new technology. read...

Plant Separation System to Atmosphere

How to Handle the Temperature Curve in the Expansion Vessel

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