Petrochemicals
SABIC wants to grow its way out of earnings slump
SABIC aims to grow its way out of an extended earnings slump brought on by the impact of lower oil prices on the petrochemicals sector.
Brazil's Petrobras in talks to sell petrochemical assets to Mexico's Alpek
Petrobras is in exclusive talks for 60 days with Mexico's Alpek over the potential sale of PetroquimicaSuape and Citepe assets in Brazil's northeast.
SABIC and ExxonMobil evaluating petrochemical JV on US Gulf Coast
SABIC and an affiliate of Exxon Mobil Corp. are considering the potential development of a jointly owned petrochemical complex on the US Gulf Coast.
Iran says fire at Bu Ali Sina petrochemical complex contained
A fire that broke out at Iran's Bu Ali Sina petrochemical refinery complex has been contained with no casualties.
Trestle Energy and Larksen partner to reduce CO2 from ethanol and coal power
Fuel pathway management platform will enable ethanol producers to substantially reduce their fuel carbon intensity and facilitate the cost-effective use of biomass fuel pellets at existing power plants.
GlobalData: Planned projects poised to raise global propylene capacity levels
China and the US are the primary drivers for expanded global capacity that is estimated to increase to almost 130 MMtpy by 2020.
LUKOIL and SNF Floerger break ground for Russia polymer plant
The plant will be constructed in close proximity to LUKOIL's petrochemical facility to reduce costs for transportation of feedstock and end products.
EIA: US remains top petroleum and natural gas hydrocarbons producer
While the US and Russia total petroleum and natural gas hydrocarbon production is split between petroleum and natural gas, Saudi Arabia heavily favors petroleum.
Technip to provide basic engineering, equipment for Saudi furnace project
Technip will provide basic engineering and proprietary equipment for a grassroots ethylene cracking furnace in Jubail, Saudi Arabia.
ExxonMobil shaves its PP resin prices in US
Demand has been solid, but market prices are being impacted by a surge in availability of imported PP.
- 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
