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Adnoc Intends to Create the World's Largest Integrated Refining and Petrochemicals Complex

UAE: $ 45 Billion Investment Plan

Adnoc Intends to Create the World's Largest Integrated Refining and Petrochemicals Complex

05/16/2018 - The Abu Dhabi National Oil Company (Adnoc) presented plans for a $ 45 billion investment over the next five years, to become a leading global downstream player. The plans were unveiled at the Adnoc Downstream Investment Forum, which took place on May 13 in Abu Dhabi, UAE. read...

Petronas and Saudi Aramco Unveil Corporate Identity of their Joint Ventures

Malaysia: Petrochemical Project

Petronas and Saudi Aramco Unveil Corporate Identity of their Joint Ventures

05/15/2018 - The joint venture project is expected to be an integral part of Saudi Aramco’s refining, fuels marketing and chemicals business strategies which will enable it to strengthen its position in the Southeast Asia region. read...

Lukoil Collaborates with Basra for Development Plan of West Qurna-2 Field

Iraq: Oil Production

Lukoil Collaborates with Basra for Development Plan of West Qurna-2 Field

05/15/2018 - Both the companies aim at producing 480 thousand barrels of oil per day by 2020 and further increase it to 800 thousand barrels per day by 2025. read...

Worley Parsons Awarded GES Contract by Yasref

Saudi Arabia: World-Class Refinery

Worley Parsons Awarded GES Contract by Yasref

05/21/2018 - Worley Parsons has been awarded a General Engineering Service (GES) contract by Yanbu Aramco Sinopec Refining Company (Yasref) to help optimize the production of its facilities. read...

Exxon Mobil and BASF Sign Gas Treating Cooperation Agreement

USA: Gas Treating

Exxon Mobil and BASF Sign Gas Treating Cooperation Agreement

05/17/2018 - Exxon Mobil Catalysts and Licensing LLC and BASF have signed an alliance agreement to jointly develop new gas treating solvents and process technologies for use in natural gas processing and petroleum refining. read...

Articles

Business in the Current Oil Market in Russia

Russia: Oil Market

Business in the Current Oil Market in Russia

10/20/2017 - Report on the current market scenario of the global oil market along with Russia’s recent business deals and projects in the oil and gas sector. read...

NEWS

Carbon Capture and Utilization Concept

Germany: Carbon-2-Chem

Carbon Capture and Utilization Concept

At the Achema, the trade show for the Process industries in Frankfurt am Main, the project Carbon-2-Chem will present its solutions for more climate protection in industry. read...

Air Products Launches World-Scale Industrial Gas Complex in Kochi

India: Industrial Gases

Air Products Launches World-Scale Industrial Gas Complex in Kochi

The Kochi Industrial Gas Complex which has been constructed within BPCL’s Integrated Refinery Expansion Project aims to increase the firm’s refining capacity by nearly two-thirds, from 190,000 to 310,000 barrels per day. read...

Total Signs MoU with Oman to Develop Natural Gas Resources

Oman: Gas Project

Total Signs MoU with Oman to Develop Natural Gas Resources

Total announced that it has signed a Memorandum of Understanding (MoU) with the Government of Oman to develop natural gas resources in Oman. The MoU covers both upstream and downstream businesses. read...

Air Liquide Records 500th Acquisition

United States: Purchase of Gas Business

Air Liquide Records 500th Acquisition

In a landmark move in the company’s records, Airgas has acquired industrial gas, beverage gas and welding supply business, Weiler Welding Company. read...

KBR to Provide Engineering Services for Saudi COTC-Complex

Saudi Arabia: Crude Oil to Chemicals Complex

KBR to Provide Engineering Services for Saudi COTC-Complex

KBR has been awarded a contract by Saudi Aramco and Sabic as the second Project Management Contractor (PMC) to provide Pre-Front End Engineering Design (Pre-Feed), Front End Engineering Design (Feed) and Program Management Services to develop the world's largest fully integrated Crude Oil to Chemicals (COTC) complex. read...

Clariant Supplies Catalysts for World's Largest Propane Dehydrogenation Unit

China: Speciality Chemicals

Clariant Supplies Catalysts for World's Largest Propane Dehydrogenation Unit

Clariant has been awarded a contract by Jinneng Science & Technology Company, to design the world’s largest single-train propane dehydrogenation unit in collaboration with CB&I. read...

Cnooc and Shell JV Commences Production at New Petrochemical Units

China: Start-Up of Ethylene Cracker

Cnooc and Shell JV Commences Production at New Petrochemical Units

China National Offshore Oil Corporation (Cnooc) and Shell Nanhai (Shell) announced the official start-up of the second ethylene cracker at their Nanhai petrochemicals complex in Huizhou, Guangdong Province, China. read...

Sabic and Exxon Mobil Create New JV for Gulf Coast Project

USA: Ethane Cracker

Sabic and Exxon Mobil Create New JV for Gulf Coast Project

Sabic and Exxon Mobil have created a new joint venture to advance development of the Gulf Coast Growth Ventures project, a 1.8 million tonne ethane cracker currently planned for construction in San Patricio County, Texas. The facility will also include a monoethylene glycol unit and two polyethylene units. read...

Ube Industries to Build Demonstration Facility for Torrefied Pellets

Japan: Woody Biomass for Coal Plant

Ube Industries to Build Demonstration Facility for Torrefied Pellets

Ube Industries has developed torrefied pellets carbonized from woody biomass, for use in coal-fired power plants as a co-firing ratio of 10 % or more (calorie basis). The torrefied pellets will facilitate the use of woody biomass as a renewable energy source. read...

Joint Exploration and Development of Caspian Oil Field

Azerbaijan: Production Sharing Agreement

Joint Exploration and Development of Caspian Oil Field

Socar and BP today signed a new production sharing agreement (PSA) for the joint exploration and development of Block D230 in the North Absheron basin in the Azerbaijan sector of the Caspian Sea. read...

Meridian Sings Feed Contract for Proposed Oil Refinery

USA: Front-End Engineering and Design

Meridian Sings Feed Contract for Proposed Oil Refinery

Meridian Energy has awarded a front-end engineering and design study for the proposed 27,500 bpd refinery in North Dakota. read...

Laying of Norway’s Largest and Longest Oil Pipeline in Progress

Norway: Oil Channel

Laying of Norway’s Largest and Longest Oil Pipeline in Progress

The work of connecting the pipeline to the Johan Sverdrup field began outside Mongstad, north of Bergen. read...

Saudi Aramco Appoints New Members to its Board of Directors

Saudi Arabia: Management Changes

Saudi Aramco Appoints New Members to its Board of Directors

Five fresh members from numerous globally competitive companies been appointed as the major oil firm’s Board of Directors. read...