Petrochemical group commissions UOP’s first C4 Oleflex unit in China
In addition to licensing, Honeywell UOP provided the engineering design, catalysts, adsorbents, specialty equipment, staff training and technical service for the project.
May 17, 2016Continue reading...Citgo reaches deal to lease and restart idled Aruba refinery
The Citgo Petroleum refining unit of Venezuela's state oil company Petroleos de Venezuela SA has reached a deal to lease and restart an idled 235,000-barrel-per-day refinery in Aruba, the government of the Caribbean island said on Friday.
May 16, 2016Continue reading...Preem signs major cooperation agreement with Beowulf Energy
Preem and Beowulf Energy LLC (US) have signed a cooperation agreement to examine the possibilities of a new residue hydrocracker plant in Lysekil to better meet the demand for transportation fuels. The purpose of the cooperation agreement is to develop the residue hydrocracker design basis for future investment decisions, and in parallel commence with the process of obtaining the necessary permits. The aim is to upgrade as much of the heavier fractions (heavy oil) as possible to sulfur free gasoline and diesel fuel.
May 16, 2016Continue reading...ExxonMobil to expand distillates output at Altona refinery
ExxonMobil Corp. plans to add 10 Mbpd of diesel and jet fuel production capacity at its refinery in Melbourne, Australia.
May 13, 2016Continue reading...Azerneftyag refinery to be demolished in 2018
Azerneftyag oil refinery will be demolished after the commissioning of the new bitumen unit at the Baku Oil Refinery named after Haydar Aliyev in the summer of 2018.
May 12, 2016Continue reading...Mitsubishi Plastics picks Jacobs for engineering on US plant expansion
Under the terms of the agreement, Jacobs is providing engineering services for the $100 million investment, which includes installation of a polyester film production line.
May 10, 2016Continue reading...Aramco eyes oil-to-chemicals project with SABIC
SABIC has previously said the proposed project could cost as much as $30 billion, processing petrochemicals directly from crude oil instead of first refining the oil into products such as naphtha.
May 10, 2016Continue reading...Saudi Aramco finalizes IPO options, plans more global expansions
Aramco's continued investment in downstream industry is seen as a crucial element of economic diversification plans. One example of this is its plans to sign an agreement soon with Saudi Basic Industries Corp. (Sabic) to jointly develop an oil-to-chemicals project
May 10, 2016Continue reading...Total plans to sell specialty chemicals unit Atotech
Pouyanne did not give details about the planned sale of Atotech or if it was talking to potential buyers, but said Total was looking for a buyer that was committed to sustaining Atotech's current strategy.
May 10, 2016Continue reading...Cepsa expects Indonesian chemical JV to start up by end of this year
"We are targeting to produce 75% of capacity initially after commissioning by end of the year but it also depends on the markets," said Jose Manuel Martinez, CEO of Cepsa Quimica.
May 10, 2016Continue reading...
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