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    Sasol plans to refocus on chemicals and energy in West Africa

    Sasol of South Africa is planning to discontinue its oil growth activities in West Africa in favor of chemical and energy advancement. June 25, 2020
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    KBR plans to move away from LNG and energy construction in favor of government contracts and technology ventures

    It was reported on Tuesday that KBR of Houston is expected to exit most of its liquefied natural gas (LNG) construction and other energy projects to focus on government and technology businesses. June 25, 2020
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    Exxon delays expansion in Beaumont due to lower demand

    Exxon Mobil recently announced that its refinery expansion under construction in Beaumont, Texas would be delayed as the company seeks to curb spending during pandemic conditions. June 18, 2020
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    The future of Louisiana’s Driftwood LNG project unsure as MoU with Petronet expires

    A memorandum of understanding (MoU) between Tellurian of the United States and Petronet recently expired, causing uncertainty around the future of this project expected to be built near Lake Charles, Louisiana. June 18, 2020
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    Husky refinery rebuild in Wisconsin restarts construction after ceasing works in March

    Husky Energy of Alberta has recently begun returning construction crews to the company’s rebuilding project in Wisconsin after the COVID-19 pandemic precautions caused this reconstruction to be placed on hold.June 11, 2020
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    Pertamina and CPC move forward together on $8 billion dollar petrochemical plant in West Java

    Pertamina of Indonesia and CPC of Taiwan recently signed a head of agreement (HOA) for the development of a petrochemical complex to be constructed in Balongan, West Java, Indonesia with an estimated investment figure of $8 billion.June 11, 2020
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    PTTGCA reiterates its commitment to its $10 billion dollar ethane cracker complex in Ohio with a new timeline.

    PTT Global Chemical (PTTGC) of Thailand’s subsidiary PTTGCA recently announced a new timeline for a planned ethane cracker plant to be built in Belmont County, Ohio. June 4, 2020
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    Gazprom begins commissioning activities at the Amur Gas Processing Plant in Russia.

    The $12.7 billion dollar Amur Gas Processing Plant (GPP) in the Far East of Russia has begun its startup and commissioning activities at the first two trains of this complex, which are due for onstream status in 2021. June 4, 2020
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    Borealis scraps its $6.8 billion petrochemical project in Kazakhstan.

    Borealis of Austria recently announced it will no longer continue development in an integrated ethane cracker and polyethylene project that had been anticipated to be built in Atyrau, Kazakhstan. May 28, 2020
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    Total’s Mozambique LNG moves forward with nearly $15 billion in financing planned in June.

    Total has reportedly secured $14.4 billion in funding for its upcoming LNG project in Mozambique’s Area 1. May 28, 2020
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Business Trends: Asia and Europe join the feedstock evolution with steam crackers

From the April 2018 issue of Hydrocarbon Processing

 

 
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