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Saudi Aramco, Total to Invest One Billion Dollars in Saudi Fuel Retail Market

Saudi Arabia: Joint Venture

Saudi Aramco, Total to Invest One Billion Dollars in Saudi Fuel Retail Market

02/15/2019 - Both the companies have entered into a 50:50 joint venture in order to develop a network of fuel and retail services in Saudi Arabia. The aim of the initiative is to offer premium fuels and retail services to motorists in the country. read...

Eni and Sabic Collaborate to Produce High Value Fuels and Chemicals

France: Technology

Eni and Sabic Collaborate to Produce High Value Fuels and Chemicals

02/14/2019 - Under the Agreement, both the companies will jointly develop a technology for natural gas conversion into synthesis gas to produce high value fuels and chemicals. The deal also includes building an industrial demonstration plant at Eni’s industrial premise. read...

Praxair Expands Production Capacity at Neosho Facility

USA: Industrial Gases

Praxair Expands Production Capacity at Neosho Facility

02/13/2019 - The move has been undertaken to support the rising demand of industrial gases and chemicals in South West Missouri and neighbouring parts of Arkansas, Oklahoma and Kansas. read...

Project to Explore Use of Solar Energy in a Circular Economy

Germany: Research Initiative

Project to Explore Use of Solar Energy in a Circular Economy

02/11/2019 - The European research project Sunrise pursues an ambitious scientific-technical approach for the conversion and storage of solar energy as a sustainable alternative to the fossil production of fuels and basic chemicals. Sunrise was selected as one of six Coordination & Support Actions (CSA) in the Horizon 2020 Program and is funded with $ 1.1 million over a period of one year beginning in spring 2019. read...

Kemira Invests 68 Million Dollars to Increase Production of Emulsion Polymers

USA: Engineering

Kemira Invests 68 Million Dollars to Increase Production of Emulsion Polymers

02/11/2019 - The company will be expanding production at its manufacturing site in Alabama. The move will also enable the firm to modernise into bio-based acrylamide capabilities at the designated site. read...

Articles

Was That all it Was? Why Europe's Engineering Boom Might be Short Lived

Plant Engineering Trend Europe

Was That all it Was? Why Europe's Engineering Boom Might be Short Lived

11/22/2018 - Plant engineering is making a small comeback in Europe. But how viable is the trend? — In 2018, European investment projects saw a mini-boom: 134 new plants in the first eight months show the potential in the industry. But now, thanks to trade conflicts, the Brexit and oil price rises, growth is coming to a standstill — is chemistry running out of steam? read...

NEWS

Air Products Launches Project for Certified Renewable Hydrogen

Guarantees of Origin

Air Products Launches Project for Certified Renewable Hydrogen

Air Products has announced a pilot project to generate Europe’s first Guarantees of Origin (GO) for sustainable, renewable hydrogen produced in The Netherlands, under the Certif Hy scheme. read...

Successful Start of Pre-Commercial Production of Isobutene from Wheat Straw

France: Demo Plant

Successful Start of Pre-Commercial Production of Isobutene from Wheat Straw

Global Bioenergies started the initial processing of wheat straw hydrolysate provided by its partner Clariant at its Leuna demo plant, to produce cellulosic isobutene for the first time at this scale. These first runs were part of Optisochem, a project which started in June 2017 and was granted approx. $ 11 million by the Bio Based Industry Joint Undertaking (BBI-JU) as part of the H2020 program. read...

Mc Dermott Signs Contract with Woodside Energy for Floating Production Unit

Australia: Engineering and Design

Mc Dermott Signs Contract with Woodside Energy for Floating Production Unit

Under the contract, Mc Dermott will carry out front-end engineering and design activities at the FPU for the Scarborough natural gas development in Australia. The agreement also includes the option to award an EPCI contract to the firm when the project progresses to full development. read...

Total, Adnoc Sign Concession Contract to Launch Unconventional Gas Exploration

UAE: Gas Deals

Total, Adnoc Sign Concession Contract to Launch Unconventional Gas Exploration

The project will be carried out in the high potential Diyab play that spreads over 6,000 sq km in Abu Dhabi. Total will operate the exploration phase with a 40 % interest and Adnoc will hold the remaining 60 % interest. read...

Adnoc Signs MOU with ISPRL to Explore Crude Oil Storage in Underground Facility

India: Oil Reserves

Adnoc Signs MOU with ISPRL to Explore Crude Oil Storage in Underground Facility

The new storage facility is located at Padur in Karnataka and boasts of a storage capacity of 2.5 million tonne. The agreement has strengthened and expanded the strategic energy partnership between India and the UAE. read...

Russia, Saudi Arabia and the USA Have Seen Oil Output at Record Levels: IEA

Global Oil Market Report

Russia, Saudi Arabia and the USA Have Seen Oil Output at Record Levels: IEA

IEA has reported that the ‘Big Three’ industry players have witnessed oil output at a high rate. The global agency also mentions that regular contacts between key players are essential in creating understanding and maintaining oil diplomacy to ensure market stability. read...

One of the World’s Largest 3D Plant Design Created for Tengiz Oil & Gas Project

Kazakhstan

One of the World’s Largest 3D Plant Design Created for Tengiz Oil & Gas Project

The project is claimed to be one of the largest oil and gas projects in the world and Fluor’s JV firm is the brain behind the creation of the plant design. The new 3D plant model will enable project engineers from across the globe to see real-time developments in the design. read...

Lyondell Basell Licenses Polyolefin Technology to Sinopec

The Netherlands: Petrochemicals

Lyondell Basell Licenses Polyolefin Technology to Sinopec

Lyondell Basell announced that China Sinopec International and Sinopec-SK (Wuhan) have selected their Hostalen Advanced Cascade Process (Hostalen ACP) technology. read...

Saudi Aramco and Adnoc Collaborate for Natural Gas and LNG

UAE: Gas Agreement

Saudi Aramco and Adnoc Collaborate for Natural Gas and LNG

Both the firms have signed an agreement owing to which two of the biggest energy producers in the Gulf region will come together to increase business in the natural gas and LNG sectors. read...

Praxair to Supply Oxygen to Fulcrum’s Sierra Bio Fuels Facility

USA: Fuels

Praxair to Supply Oxygen to Fulcrum’s Sierra Bio Fuels Facility

Under the long-term agreement, Praxair will construct two vacuum pressure swing adsorption plants at the facility and also utilise its proprietary HOB technology for increasing syngas yield from the gasification process. read...

Saudi Aramco to Construct New Upstream Research Center at MSU Science Park

Russia: R&D

Saudi Aramco to Construct New Upstream Research Center at MSU Science Park

Saudi Aramco recently held a groundbreaking ceremony at Lomonosov Moscow State University to set up its ninth R&D facility outside its home country. The new center is expected to focus on upstream technologies in simulation and modeling, advanced materials, data analytics and artificial intelligence. read...

Adnoc to Introduce New Integrated Gas Strategy and Increase Oil Production

UAE: Oil & Gas

Adnoc to Introduce New Integrated Gas Strategy and Increase Oil Production

The new strategy aims at making the UAE self-sufficient in gas reserves as well as a net gas exporter over a period of time. In terms of oil production, the company intends to escalate its capacity to 4 mmbpd by the end of 2020 and 5 mmbpd by 2030. read...

Exxon Mobil Starts Production of New Unit at Antwerp Refinery

Belgium: Transportation Fuels

Exxon Mobil Starts Production of New Unit at Antwerp Refinery

Exxon Mobil has started operations of a new unit at its Antwerp refinery in Belgium to convert heavy, higher-sulfur residual oils into high-value transportation fuels such as marine gasoil and diesel. read...