McDermott has been awarded contracts for IOCL's Naphtha Cracker Expansion (Phase II) polypropylene expansion and new ethylene derivative unit project.
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The API has released a statement after the Biden Administration failed to include representatives from the natural gas and oil industry in the White House Methane Summit.
Asia is set to lead the global propylene industry capacity additions with a share of 68.8% by 2027, by gaining capacities from new-build and expansion projects between 2023 – 2027.
Wood Mackenzie's latest report concludes that India must radically transform its energy landscape and prioritise renewable energy, electrification, hydrogen adoption, and carbon removal strategies.
Indonesia’s oil and gas sector must undergo a major overhaul in the way it operates if it is to realise the full potential of the country’s natural resources and support a successful energy transition, according to Wood Mackenzie.