Venture Global Partners to contribute 14% of global liquefaction capacity growth
GlobalData has reported that Venture Global Partners is to contribute the largest proportion of LNG liquefaction capacity additions by 2023.
The latest downstream news
New initiative aims to minimise risk within terminal operations
KLAW has announced a new risk management initiative to limit the potential of catastrophic incidents at terminals.
ADNOC and Russian Energy Agency sign agreement
ADNOC and the Russian Energy Agency have signed a far-reaching strategic framework agreement covering downstream oil, gas and petrochemicals.
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China to lead Asia and Oceania liquids storage capacity growth
A report from GlobalData has found that China will contribute 59% of Asia and Oceania’s liquids storage capacity growth by 2023.
Gazprom Neft establishes Singapore subsidiary
Gazprom Neft has established a subsidiary in Singapore to develop its international marine lubricants business.
Borealis and Neste cooperate to produce renewable polypropylene
Borealis and Neste are entering into strategic cooperation to produce polypropylene from renewable propane.
ADNOC, Adani, BASF and Borealis sign memorandum of understanding
ADNOC, Adani, BASF and Borealis have signed an MoU to evaluate their collaboration for a petrochemical complex in Mundra, India.
Wood appoints new CEO in the Americas
Stephanie Cox has been appointed CEO of Wood’s Americas business.
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Veolia awarded multi-million dollar FPSO contract
Veolia has been awarded the contract for a seawater treatment package for the Liza Unity FPSO, offshore Guyana.
BEUMER technology to be used in Vietnamese petrochemical complex
BEUMER has announced that its bagging technology is to be used in Long Son Petrochemicals’ facility in Vietnam.
Air Liquide signs long-term contract in Kazakhstan
Air Liquide will build and operate a unit to supply nitrogen to Kazakhstan Petrochemical Industries’ new polypropylene plant.
S.M. Vaidya promoted to Director (Refineries) of IndianOil
S.M. Vadya has been promoted to the position of Director (Refineries) at IndianOil, overseeing the company’s refining and petrochemicals business.
ALE participates in UK oil refinery upgrade
ALE has successfully completed the installation of a new sulfur storage facility at the Lindsey Oil Refinery.
LyondellBasell to build pilot molecular recycling facility
LyondellBasell has announced the construction of a small-scale pilot facility for the recycling of plastic waste into new plastics.
Ethylene oxide capacity growth led by Asia
GlobalData has reported that global ethylene oxide capacity additions will be led by Asia between 2019 – 2023.
Fluor selected as finalist for IChemE awards
Fluor has announced that it has been named as a finalist in three categories at the Institution of Chemical Engineers Global 2019 Awards.
Arkema announces proposed divestment of polyolefins business
Arkema has announced the proposed divestment of its Functional Polyolefins business to SK Global Chemical.
ExxonMobil expands collaboration with Indian Institutes of Technology
ExxonMobil has signed five-year agreements with the Indian Institute of Technology, Madras and Bombay, to fund low-emissions technology research.