Under the terms of the agreement, EDL has been given the responsibility to modernise lube oil and wax production at SOC’s dewaxing unit. Apart from this, a deoiling unit based on EDL’s technology will also be integrated to produce fully refined wax.

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.

The growing global plastics sustainability movement is one of the biggest potential disruptors for the plastics industry and is putting future plastics resin demand and billions of dollars of industry investments at risk, IHS Markit says.

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).

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.

Fuel additives such as isooctane have so far been produced from mineral oil. Commissioned by the French-German company Global Bioenergies, the Fraunhofer Center for Chemical-Biotechnological Processes CBP in Leuna will soon be producing biobased additives for gasoline. The source is bio-isobutene, which is obtained biotechnically from sugar.

CO2 to chemicals: What potential has the utilisation of carbon dioxide for chemicals production? — CO2 has a bad image. But can the undesired exhaust gas also be used as a raw material? Not an easy task, yet researchers from all over the world are working hard on turning the climate killer as a raw material. And those, who believe this will remain a thought game played in ivory towers or think that these minor experiments will remain confined to the cellar laboratory are making a big mistake: The first production scale plant is already on-stream....

The engineering and industrial software provider Aveva announced that it has signed a multi-phase agreement with KBR. The company is to contribute to the client's digital transformation which is to deliver cost savings and to optimize services.

Scientists from Exxon Mobil and the Georgia Institute of Technology have developed a new technology that could significantly reduce the amount of energy and emissions associated with manufacturing plastics. Results of the research were published in the peer-reviewed journal Science.

BP, on behalf of co-venturers Shell, Chevron and Conoco Phillips, announced first oil production from the giant Clair Ridge project in the West of Shetland region offshore UK. Clair Ridge is the second phase of development of the Clair field, 75 kilometres West of Shetland. The field, which was discovered in 1977, has an estimated seven billion barrels of hydrocarbons.