Rosneft eyes partnership with PTT in Vietnam
Russian Rosneft Oil and Gas Group is reportedly seeking to become a partner of PTT, Thailand's national oil and gas company, in the development of the planned Nhon Hoi refinery complex in Vietnam.
November 6, 2013Continue reading...Guwahati Refinery Undertakes Modernization Projects
Modernization projects are currently being carried out at the Guwahati refinery, owned by Indian oil.
November 6, 2013Continue reading...Chevron Phillips moves ahead on Texas olefins expansion after study
Chevron Phillips Chemical has completed its study to expand normal alpha olefin (NAO) capacity at its Cedar Bayou plant in Baytown, Texas.
November 6, 2013Continue reading...Jacobs Announces Transaction with Suzhou Han’s Chemical Engineering Company
Jacobs Engineering Group Inc. announced today that its subsidiary, Jacobs Projects (Shanghai) Co., Ltd., has signed an option agreement with Suzhou Han’s Chemical Engineering Co., Ltd. in China.
November 5, 2013Continue reading...Gazprom, SIBUR partner to create processing complex in Far East
Alexey Miller, chairman of the Gazprom Management Committee, and Dmitry Konov, CEO of SIBUR, have signed a Memorandum of Cooperation regarding a planned gas processing plant and chemical complex in Belogorsk, Amur Region.
November 4, 2013Continue reading...South Sudan nears fuel independence with launch of two oil refineries
South Sudan’s first refinery, which will process 5,000 bpd, will begin operating by Dec. 31 and a second one will start by the end of 2014, bringing total processing capacity to 17,000 bpd of crude oil, he said.
November 4, 2013Continue reading...Honeywell To Modernize Nordics' Largest Refinery
Honeywell today announced that it has been selected by Preem AB to modernize one of Europe's largest refineries – Preemraf Lysekil – with Honeywell's Enhanced High Performance Process Manager (EHPM) industrial process controllers.
November 4, 2013Continue reading...Foster Wheeler selected for FEED by Rosneft and ExxonMobil for Russian LNG project
Foster Wheeler AG announced today that it has been selected by Rosneft and ExxonMobil to undertake the initial phase of the front-end engineering design (FEED) for a proposed Russian Far East liquefied natural gas (LNG) project.
November 4, 2013Continue reading...US oil, gas M&A activity led by foreign buyers, private equity groups
Foreign buyers announced nine deals in the third quarter of 2013, which contributed $2.8 billion or 17% of total deal value, vs. four deals valued at $4 billion during the same period last year. On a sequential basis from the second quarter, the number of total deals increased 800% from just one foreign deal.
November 1, 2013Continue reading...Phillips 66 to build LPG export terminal in Texas
The proposed terminal would provide 4.4 million bbl/monthof LPG export capacity, the equivalent of eight very large gas carriers (VLGC). It would be located at the site of the company’s existing marine terminal in Freeport and utilize existing Phillips 66 midstream, transportation and storage infrastructure.
November 1, 2013Continue reading...