Singapore Refining Co Invests Over $500 Mln in Gasoline, Power Units
Singapore Refining Co said on Tuesday it will invest more than $500 million to build gasoline and power generation units at its refinery on Jurong Island.
February 5, 2014Continue reading...SNC-Lavalin, Sinopec Engineering to build Saudi sulfuric acid complex
The sulfuric acid plant will use industry leading technology from MECS (a wholly-owned subsidiary of DuPont) to produce acid and generate power through the efficient recovery of process waste heat.
February 5, 2014Continue reading...Husky plans $300 M upgrade for Ohio refinery to process heavy crudes
The Husky project will include modifications to the coker and processing units and will maintain the refinery's ability to refine light crude oil. Engineering work is underway and the equipment upgrades are scheduled to take place during planned turnarounds in late 2015 and late 2016.
February 4, 2014Continue reading...Honeywell's UOP And Qatar Petroleum To Jointly Develop Natural Gas Treating Technology
Agreement signed by the two companies is aimed at developing new technologies to lower the cost of treating natural gas for LNG production.
January 30, 2014Continue reading...Ophir seeks partners for $3.5 billion LNG project in West Africa
Ophir Energy is seeking partners to share costs in its $3.5 billion floating liquefied natural gas (LNG) project off Equatorial Guinea.
January 30, 2014Continue reading...Latin America to boost US refined product imports as middle class grows
Freight traders booked tankers to send 19 million metric tons of fuels from the US to Latin America in the spot market last year, 5.4% more than in 2012. Volumes may rise again because demand is expanding and no new regional refining capacity will be added in the short term, a new report finds.
January 29, 2014Continue reading...Taiwan approves first petrochemical investment plan in China
Taiwan's government approved a proposal by domestic companies to put a petrochemical plant in China, the first such approval since authorities lifted restrictions on Taiwanese investment in naphtha cracking plants on the mainland.
January 27, 2014Continue reading...Tecnicas Reunidas nears $2.7 billion deal to build new refinery in Peru
Peru wants Tecnicas Reunidas to expand the Talara refinery’s capacity to almost 100,000 bpd from 65,000 bbl currently, Castilla said. The new complex will be built in place of the existing one.
January 27, 2014Continue reading...Total calls on energy industry to review projects with excessive costs
“Costs are becoming too high,” Christophe de Margerie, CEO of Paris-based Total, said Friday in an interview from Switzerland. “Projects of $50 billion leave one thinking ‘Isn’t it crazy?’”
January 27, 2014Continue reading...BASF and SINOPEC break ground on world-scale isononanol plant
ASF and China Petroleum & Chemical Corporation (SINOPEC) broke ground today on the construction of its world-scale isononanol (INA) plant in Maoming Hi-tech Industrial Development Zone, Maoming, China.
January 24, 2014Continue reading...
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