A First for Panama Canal: Three LNG Tankers Crossed in a Day
Thursday April 19, 2018 - Three LNG tankers sailed through the Panama Canal on the same day this week, marking a first for the newly expanded waterway and highlighting the booming global gas trade.
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Plastic Makers' Credit Ratings May Be Hit by Pollution Rules
Thursday, April 19, 2018 Plastic packaging makers may be less credit-worthy in the future as governments try to curb marine litter, Moody's Corp. said in a report.
China Catches 'New Wave' of Ethane Cracker Projects
Wednesday, April 18, 2018 CB&I to work on two ethylene plants.
Oil Major Total and Aramco Sign $5B Deal to Build Jubail Petrochem Complex
Tuesday, April 10, 2018 French oil and gas major Total signed a $5 billion deal with Saudi Aramco to build a giant petrochemical complex at their 440,000 barrels-per-day Jubail Satorp refinery.
Aramco Takes Step to Integrating Petrochems into US' Biggest Refinery
Monday, April 09, 2018 Saudi Aramco took the first steps to integrating a petrochemicals business into the United States' biggest oil refinery.
ACC Chief: US Trade War with China 'Not the Answer'
Thursday, April 05, 2018 Leaders from US trade groups urge different approach.
Sources: Former Dragon Aromatics To Restart China Petchem Plant After Halt
Friday, March 30, 2018 China's Fuhaichuang, formerly known as Dragon Aromatics, plans to restart its refining-petrochemical complex in eastern Fujian.
Brazil's Braskem Swings To Smaller-Than-Expected Profit In 4Q
Friday, March 30, 2018 Braskem books a fourth-quarter net profit of 313 million reais ($94 million).
TECH SHOWCASE: Modular Gas-to-Petchems Plant
Friday, March 30, 2018 Technology may offer direct solution to flaring associated gas.
ADNOC Signs Two 3-Year Naphtha Sales Deals With Asian Firms
Wednesday, March 28, 2018 ADNOC says it has signed two 3-year agreements with Japan's Idemitsu Kosan Co. Ltd and Thailand's SCG Chemicals.
India's Bharat Petroleum Plans $3B Petchem Plant Near Mumbai
Wednesday, March 28, 2018 BPCL plans to build a $3 billion petrochemical unit to serve the Mumbai region, a company official says.
Fluor Scores Another Texas Gulf Coast Contract Win
Monday, March 26, 2018 Fluor says that it's the company's fifth major construction project in Freeport in six years.
ExxonMobil May Add Gulf Coast Polypropylene Capacity
Tuesday, March 20, 2018 ExxonMobil eyes petchems expansion on US Gulf Coast.
Saudi Petrochemical Producers Plan to Return to Merger Table
Tuesday, March 13, 2018 Sahara Petrochemical Co. and Saudi International Petrochemical Co. plan to resume talks about a potential merger, four years after a tie-up was put on hold.
Shale Boom Lifts US Dominance in Liquids for Plastics, Cooking
Monday, March 12, 2018 The surge comes at a time when the global use of NGLs is growing.
DowDuPont's Andrew Liveris Steps Down, Names CEO For New Dow
Monday, March 12, 2018 DowDuPont Inc chief Andrew Liveris will step down on April 1.
Wood to Develop World's Largest Crude Oil to Chemicals Complex
Friday, March 09, 2018 Wood has been selected to develop the world's largest fully integrated crude oil to chemicals complex in the Kingdom of Saudi Arabia, on behalf of Saudi Aramco and SABIC.
Russian Petrochemical Group Sibur Targets Saudi Aramco Venture
Tuesday, March 06, 2018 Sibur is in talks with Saudi Aramco to set up a venture to produce synthetic rubber.
CEO: ADNOC To Build Largest Global Refining & Chemical Site
Tuesday, March 06, 2018 ADNOC plans to build the world's largest integrated refining and chemical site in Ruwais.
IEA: Oil Demand Growth To Shift To Petrochemicals Away From Motor Fuels
Monday, March 05, 2018 Strong global demand for oil and gas will shift in the next 5 years towards petrochemicals, IEA says.
Shell Pouncing on AO Top Spot with Louisiana 'Tiger' Project
Friday, March 02, 2018 Shell exec says new Geismar unit to start up by year's end.
Thailand's PTTGC To Invest $952MM For Expansion In 2018
Wednesday, February 21, 2018 Thailand's PTT Global Chemical Pcl will invest 30 billion baht ($951.78 million) this year to expand its business.
Total's Bayport Site to Add PE Unit in Venture with Borealis, Nova
Tuesday, February 20, 2018 Total-Novealis JV to own equal shares in US Gulf Coast endeavor.
Thai Energy Giant PTT FY Profit Up 43% At $4.3B, Beats
Tuesday, February 20, 2018 PTT FY credits profit increase to higher selling prices for oil and a strong performance at its chemical and refining businesses.
ExxonMobil Hits Baytown Ethane Cracker Milestone
Wednesday, February 07, 2018 Production set to begin later this year.
Sasol Completes $1 Billion Wax Plant Expansion in South Africa
Tuesday, February 06, 2018 Sasol, the world's top maker of motor fuel from coal, has increasingly diversified.
Kinder Morgan Makes Utopia a Reality
Wednesday, January 24, 2018 Ethane pipeline links Utica to Ontario petchem plants.
Samsung Wins Contract for Thailand Olefins Project
Wednesday, January 24, 2018 Officials with PTTGC and Samsung Engineering sign the EPCC contract for the former's Olefins Reconfiguration Project. SOURCE: Samsung Engineering.
Source: Brazil Braskem Lining Up $1B Credit Line With Banks
Wednesday, January 24, 2018 Braskem is in talks with banks to secure a $1 billion revolving credit facility for five years.
Thai PTTGC To Invest $985MM In Olefins Plant
Tuesday, January 23, 2018 Thai PTT Global Chemical Pcl (PTTGC) plans to invest $985 million in a new olefins plant.
South Africa's Sasol Expects H1 Earnings To Rise Up To 6%
Tuesday, January 23, 2018 Sasol expects half-year profit to lift as much as 6% on the back of higher crude oil prices.
CB&I, Chevron Lummus Global, Saudi Aramco Launch 'Crude-to-Chemical' JV
Thursday, January 18, 2018 Three-way agreement is 'technological first,' says Saudi Aramco president.
Saudi Aramco Hires Former Shell Executive For Chemicals Business
Wednesday, January 10, 2018 State oil giant Saudi Aramco hires Olivier Thorel, a former senior executive at Royal Dutch Shell, as executive director for its chemicals business.
China's Sinochem Ties Up With Private Chemical Group In Oil Trading
Wednesday, January 10, 2018 Sinochem Group has agreed on a framework deal with China's private chemical giant Hengli Group.
McDermott CEO Bets on Next Turnaround at Ailing Chicago Bridge
Tuesday, January 09, 2018 Shares are ticking back up as Dickson vows to do at Chicago Bridge what he did at McDermott.
Borealis Taps Jacobs for Belgium PDH Plant Study
Wednesday, January 03, 2018 Proposed 740-kiloton facility would be one of world's largest PDH plants.
Gulf Mostly Rises On Oil Surge; Saudi Petchems, Builders Up
Wednesday, December 27, 2017 An overnight surge in the Brent oil price above $67 a barrel for the first time since May 2015 helped most Gulf stock markets rise.
CB&I Gets Go-ahead for Kazakhstan Petchem Project
Monday, December 11, 2017 KPI gives CB&I full notice to proceed for project management services.
Shell Says Fire Extinguished At Singapore Refinery-Petchem Plant
Monday, December 11, 2017 Shell says a fire at its Singapore refinery-petrochemical site was extinguished on Sunday.
Saudi Arabia's SABIC Looking At Investing In US
Wednesday, December 06, 2017 SABIC is considering several possible investments in the United States.
Sasol Shifts Strategy, Evaluates Chemical Business Split
Wednesday, November 29, 2017 Sasol will consider carving out a separate company from its expanding chemicals business.
CEO: SABIC Plans To Spend $3-$10B In Acquisitions Over Next 5 Years
Tuesday, November 28, 2017 Petrochemical producer Saudi Basic Industries Corp (SABIC) plans to spend between $3 and $10 billion on acquisitions over the next 5 years.
Pertamina Signs JV Deal With Russia's Rosneft For New Tuban Refinery
Tuesday, November 28, 2017 Pertamina Signs JV Deal With Russia's Rosneft For New Tuban Refinery
China's CEFC, Rosneft To Study South China Petrochemical Complex
Friday, November 10, 2017 Private conglomerate CEFC China Energy and Rosneft agree to study the possibility of building a petrochemical complex in South China.
Shell's Pennsylvania Project Hits Milestone
Wednesday, November 08, 2017 Multibillion-dollar petchems project transitions from early works to main construction.
Kuwait's PIC Signs Contract with US Jacobs for Plant in Canada
Monday, November 06, 2017 Jacobs will be in charge of carrying out front-end engineering and design for a propylene and polypropylene facility in Alberta.
CNPC Plans to Cut Gas Supplies to Industrial Users-State Media
Monday, November 06, 2017 CNPC expects natural gas shortages this winter.
LyondellBasell Approaches Brazil's Braskem for Takeover-WSJ
Monday, October 30, 2017 A deal would help LyondellBasell expand in Latin America, where Braskem is the biggest petrochemicals company.
Petrochemicals Group Ineos to Buy British Fashion Brand Belstaff
Monday, October 30, 2017 It's the latest off-beat project by Ineos's billionaire founder Jim Ratcliffe.
Slowing Demand Growth to Push Big Oil From Cars to Chemicals
Monday, October 16, 2017 Global oil demand growth will slow to a crawl and gasoline use will peak within the next decade, prompting companies to accelerate the shift to natural gas and chemicals, according to WoodMac.
China's Hengyi Opens Singapore Trade Office For Brunei Oil-Petchem Project
Monday, October 16, 2017 Hengyi Group has started a trading office in Singapore to buy crude and trade oil products from its $3.4B Brunei project, company officials say.
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