Economics
Bayegan Group unveils $1.9-B petrochemical plant project in Turkey
Turkish petrochemicals company Bayegan Group is set to enhance domestic polypropylene production with a planned $1.9-B plant in Hatay province.
Borouge launches new infrastructure and advanced packaging solutions
Borouge Plc launched five new grades to meet the growing demand in the infrastructure and advanced packaging industries in the Middle East, Africa and Asia.
Russia's NORSI refinery may halve high-octane gasoline output after outages
Lukoil's NORSI oil refinery in Nizhny Novgorod may halve high-octane gasoline output after an emergency stoppage at one of two plant's catalytic cracking unit.
Indonesia 2024 unblended palm oil biodiesel consumption seen at 12.5 MMt
Indonesia is targeting 12.5 MMt consumption of unblended biodiesel made from palm oil this year.
Equatorial, TFG and Sinopec are Singapore's top three marine bunker suppliers in 2023
Equatorial Marine Fuel Management Services maintained its top spot among marine bunker suppliers in Singapore, the world's largest bunker hub, while Sinopec Fuel Oil Singapore propelled into No.3 in 2023, latest data from the port authority showed.
Nigeria's Dangote refinery starts production after years of delays
Nigeria's Dangote oil refinery has begun producing diesel and aviation fuel after years of construction delays at the 650,000 bpd plant.
Greek shipowner seeks U.S. government help with tanker seized by Iran
Empire Navigation Inc, the Greek shipowner of an oil tanker seized by Iran, said it sought any help from the U.S. government in regaining control of its vessel in a U.S. court filing.
Russia boosts fuel exports to Central Asia, Afghanistan and Mongolia in 2023
Central Asian countries, Afghanistan and Mongolia raised their imports of Russian fuel by around 28% in 2023 to almost 6 MMt, partially offseting a decline in Russian supplies to Europe.
Protesters in Libya threaten to shut down oil and gas facilities
Protesters have threatened to shut down two oil and gas facilities near the Libyan capital Tripoli, with one group that is campaigning against corruption issuing a 72-hour ultimatum.
Indonesia's 2024 oil, gas lifting set to fall short of government targets, regulator says
Indonesia's oil and gas lifting this year is likely to fall below government targets, upstream oil and gas regulator SKK Migas said but pledged efforts to fill the gap.
- INEOS to invest €250 MM in Lavera cracker modernization project in France 11/19
- BASF adds ISCC EU certification to certified biomass-balanced methanol portfolio 11/19
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
