Shell to sell $1.4-billion stake in Japanese refiner Showa Shell to Idemitsu
The transaction is scheduled to be completed in 2016. The energy major will retain a 1.8% holding in the Japanese refiner.
July 30, 2015Continue reading...GTL ’15: Small-scale methanol seen as solution for flared gas in US
Small-scale methanol technologies are becoming an increasingly viable option within the industry to economically utilize flared Bakken gas, a leading downstream consultant says.
July 29, 2015Continue reading...Kuwait awards four contracts worth $11.5b for new refinery
Kuwait National Petroleum Co said it awarded four contracts worth $11.5 billion to international consortia Tuesday to build a 615,000 barrel-per-day (bpd) refinery.
July 28, 2015Continue reading...BASF, Yara break ground on new ammonia project on Texas Gulf Coast
As part of the project, Yara will build an ammonia tank at the BASF terminal, while BASF will upgrade its current terminal and pipeline assets for the export of ammonia from the new plant.
July 27, 2015Continue reading...Saudi chemical firm SABIC to boost feedstocks via US shale investments
SABIC may use the feedstock in the US or export it to other countries like the UK, where SABIC has converted its crackers to process shale gas as feedstock to produce olefins.
July 27, 2015Continue reading...Technip to modernize, expand two Egypt refineries
The Assiut investment has an estimated total value of $1.5 billion. The deal aims at maximizing diesel production and will introduce the most modern refinery technologies to Upper Egypt.
July 27, 2015Continue reading...INVISTA licenses PTA technology for new Chinese petrochemicals project
INVISTA’s latest PTA technology is available as a license package from INVISTA Performance Technologies. Jiaxing Petrochemical’s first PTA line, in operation since 2012, also utilizes INVISTA’s technology.
July 24, 2015Continue reading...Kazakhstan to Build New Refinery with Iran
The Republic Kazakhstan will construct a brand new oil refinery in the country together with Iran. The new facility will be Kazakhstan’s fourth such plant, and will be set up in the Mangistau Oblast. The latest facility will be an addition to the current three, situated in the Pavlodar, Atyrau and South Kazakhstan oblasts, Dinars Urazova writes for Tengrinews.
July 24, 2015Continue reading...BOPL to merge with BPPL to become largest oil refinery
The Byco Petroleum Pakistan Limited (BPPL) board of directors, during a meeting held on Tuesday, approved a potential merger of BPPL and its wholly owned subsidiary, Byco Terminals Pakistan Limited (BTPL), with its holding company, Byco Oil Pakistan Limited (BOPL).
July 24, 2015Continue reading...Louisiana refiner contracts CB&I on $100M project for Tier 3 clean fuels
The scope of work at the refinery in Louisiana includes detailed engineering, procurement, module fabrication and site construction of a naphtha hydrotreater and a revamp of an existing gasoline selective hydrotreater, which uses CB&I's CDHydro and CDHDS technology.
July 23, 2015Continue reading...
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