EU chemicals production stays stagnant in 2013
Zero growth in 2013 meant the European sector remained 6.4% below the pre-crisis peak level reached in 2007. However, the year-end figure was slightly better than the forecast given last September.
March 4, 2014Continue reading...Total picks Technip to debottleneck gas processing plant for Brunei LNG
This project aims at the modification of the onshore facilities as well as the construction of a new onshore pipeline, in order to transport Maharaja Lela & Jamalulalam South gas to the Brunei LNG plant.
March 4, 2014Continue reading...BASF to establish world-scale specialty amines plant in Nanjing, China
BASF will build a new world scale production plant to manufacture specialty amines at its existing wholly-owned site in the Nanjing Chemical Industry Park in China. The plant, which is scheduled to come on stream in late 2015, will have dimethylaminopropylamine (DMAPA) and polyetheramines (PEA) as the main products. With this new facility BASF will further strengthen its global production network. The new plant complements existing facilities in Germany and the U.S. for DMAPA and PEA.
March 3, 2014Continue reading...Freeport LNG, IFM Investors ink $1.3 billion equity agreement
Freeport LNG Expansion, L.P. and IFM Investors have announced that IFM Investors has entered into an agreement to invest approximately $1.3 billion of equity funding for Freeport LNG’s proposed natural gas liquefaction and LNG loading facility on Quintana Island near Freeport, Texas.
March 3, 2014Continue reading...Petrobras plans 40% cut to refining investments
The refining division has lost about $37 billion since 2011, when the government, which owns the majority of the company’s voting shares, started making Petrobras subsidize imported fuel.
February 26, 2014Continue reading...Gazprom, Shell sign roadmap for third LNG train of Sakhalin II project
Sochi hosted the signing of a memorandum roadmap between Alexey Miller, chairman of the Gazprom Management Committee, and Ben van Beurden, CEO of Shell. The document envisages the preparation of FEED documentation for the third LNG production train within the Sakhalin II project.
February 26, 2014Continue reading...Air Liquide licenses methanol technology to ZeoGas clean gasoline plant
MegaMethanol technology, which is part of Air Liquide’s proprietary Lurgi technology portfolio, generates optimum syngas composition, required for downstream methanol synthesis and production.
February 26, 2014Continue reading...Singapore plans to build second LNG terminal
Singapore is trying to take advantage of its geography and stature as Asia’s oil-trading center to also become a leader in LNG. Asia has overtaken Europe as the world’s biggest gas importer, accounting for 46% of global trade, according to the IEA, which cites Singapore as best-placed to be an LNG hub.
February 25, 2014Continue reading...Shell moves forward on carbon capture, storage project in Scotland
The proposed initiative at Peterhead is part of a portfolio of major CCS projects supported by Shell. Others include the Quest oil sands project in Alberta, Canada, and the Gorgon project in Australia.
February 25, 2014Continue reading...BP picks Petrofac to build Khazzan gas processing plant in Oman
Petrofac has been awarded a contract by BP, worth approximately $1.2 billion, for the central processing facility (CPF) for the Khazzan gas project in the Sultanate of Oman.
February 24, 2014Continue reading...