Petrochemicals

hte, the high throughput experimentation company, has announced that it will provide Saudi Aramco with the latest generation of laboratory equipment for highly efficient research & development in 2016.

Albemarle Corporation reported 4Q15 earnings of USUS$174.3 million, or USUS$1.55 per diluted share.

The US Department of Energy has released a request for information on critical materials, including fuel cell platinum group metal catalysts.

While recent international discussion between OPEC and non-OPEC countries have improved oil prices, Iran has objected claiming an output freeze would be ‘illogical’.

The retail price of diesel fuel has fallen below US$2.00/gal. for the first time since 2005.

Jim Dumesic at UW-Madison, has scaled up the production of his biomass process for large scale application into biorefineries.

BP has released its 2016 World Energy Outlook, where it forecasts petroleum demand and supply, energy demand growth in China and US shale oil production.

MarketsandMarkets have released a new report projecting the alpha olefin market to be worth US$19.85 billion by the year 2020.

StocExpo Shanghai 2016 will be the world’s largest dedicated event for the Chinese storage terminal industry.

Qatar Petroleum has awarded the JV of Consolidated Contractors and Teyseer Contracting an EPIC contract to supply the Hamad International Airport with jet fuel beyond 2030.

Haydale Composite Solutions Ltd has completed the installation of a composite pipe testing facility to assist in the development and approval of graphene-enhanced polymer materials for oil and gas pipelines.

Rosneft has obtained approval from the German Federal Ministry of the Economy and Energy to dissolve its Ruhr Oel GmbH joint venture with BP.

Peter Davidson, currently UKPIA's Director of Safety, Commercial & Projects, will become the Tank Storage Association’s new Executive Director.

The Ministry of Mines, Industry and Energy of Equatorial Guinea has reported that Riaba Fertilizers Ltd has awarded an EPC contract for a new petrochemicals complex to a Chinese consortium.

According to the 2016 BP Energy Outlook, global demand for energy is expected to increase by 34% between 2014 and 2035.