Petrochemicals
BTC Europe and Sudarshan Chemical Industries sign agreement on distribution of pigments in Europe
BTC Europe, BASF’S European distribution organization, and Sudarshan Chemical Industries have signed an agreement on the distribution of organic and inorganic pigments as well as effect pigments in Europe.
Chevron, Talos to triple the size of Texas carbon capture project
Chevron and Talos Energy said they have tripled the size of a proposed carbon capture and storage hub for the U.S. Gulf Coast.
Vietnam's Long Son petrochemicals complex to start operations by mid-year
Long Son Petrochemicals will start commercial production at its petrochemical complex in southern Vietnam by mid-2023.
Oil price rises on Chinese demand rebound
Oil rose on signs of a strong economic rebound in top crude importer China, but fears over the impact of potential increases to European interest rates kept prices from moving higher.
Inpex to use BASF-JGC Corp.'s CO2 capture technology for large-scale blue H2/ammonia project
Inpex plans to utilize BASF and JGC Corp.'s HiPact CO2 capture technology in its Kashiwazaki Clean Hydrogen/Ammonia project.
CF Industries-Lotte sign MoU for clean ammonia offtake in South Korea
CF Industries announced that it has entered into a MoU with LOTTE CHEMICAL that will guide the companies in a joint exploration of clean ammonia production and long-term clean ammonia offtake into South Korea.
Methanex-Mitsui complete first net-zero voyage fueled by bio-methanol
Methanex Corporation and Mitsui O.S.K. Lines, Ltd. announced the dual-fuel vessel “Cajun Sun” successfully completed the first-ever net-zero voyage fueled by bio-methanol.
Shell Catalyst & Technologies to provide tech/catalysts for CSPC's Phase 3 project in China
Shell Catalyst & Technologies to provide tech/catalysts for CNOOC and Shell Petrochemicals Company Limited' Phase 3 project in China, which includes the construction of a 1.6-MMtpy cracker.
Yulong Petrochemical signs feedstock deal for its 400,000-bpd integrated complex with bp and Chevron
China's Yulong Petrochemical has signed memorandum of understanding agreements with bp and Chevron to supply its 400,000-bpd greenfield refinery in northern China.
CNPC shuffles regional offices to better support global portfolio
China's CNPC has completed a months-long reshuffle with the addition of six regional offices that report to Beijing headquarters to better coordinate and supervise its sprawling global portfolio.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
