Construction
Phillips 66 outlines nearly $3-B capital program for 2025
Phillips 66 announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital.
Singapore's ChemOne delays Pengerang complex's start to 2028
Singapore's ChemOne Group has delayed the start of its Pengerang Energy Complex to the fourth quarter of 2028, with construction set to begin by mid-2025, after securing more financing for the project. When completed, the site is expected to house a petrochemical facility that can produce up to 2.6 MMtpy of products such as paraxylene, a feedstock for synthetic fibers and plastic bottles, and 3 MMtpy of fuel products including jet fuel.
Clariant begins construction of second high performance additives production line in Cangzhou, China
Clariant is expanding its Cangzhou production site for the manufacture of the multifunctional additive Nylostab S-EED. The new, second production line in the Hebei Province of China, will jointly be owned and operated by Clariant and its local partner Beijing Tiangang Auxiliary Co., Ltd.
Samsung E&A awarded $955-MM contract for 650,000-tpy biofuels plant in Malaysia
SAMSUNG E&A announced that it secured the EPCC contract for a 650,000-tpy biorefinery that will have the capability to produce sustainable aviation fuel and other biofuels such as renewable diesel/hydrogenated vegetable oil. This biorefinery will be located within PETRONAS’ Pengerang Integrated Complex, Johor, Malaysia.
Orlen halts Olefins III project due to ballooning costs
The ORLEN Management Board has decided to halt the Olefins III project after determining that the actual implementation costs would have exceeded the initial estimates by sixfold. The project's cost has ballooned to more than $12 B.
Chevron upgrades Pasadena refinery to increase capacity, feedstock and product flexibility
Chevron U.S.A. has completed a retrofit of its refinery in Pasadena, Texas (U.S.), which is expected to increase product flexibility and expand the processing capacity of lighter crudes by nearly 15% to 125,000 bpd.
BASF and INOCAS sign agreement to develop sustainable Macaúba oil supply in Brazil to produce bio-naphtha
BASF and INOCAS sign offtake agreement for Macaúba kernel oil and Macaúba pulp oil to further expand BASF’s renewable-based portfolio.
Phillips 66 teams with NextEra Energy Resources to power Rodeo Renewable Energy Complex with solar facility
Phillips 66 is teaming up with a subsidiary of NextEra Energy Resources, LLC to power Phillips 66’s Rodeo Renewable Energy Complex with a 30.2-MW solar facility.
Green light for carbon capture and low-carbon power JV projects in Teesside
bp, together with its partners, has reached financial close for two major CCS projects in Teesside in the northeast of England: the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power).
Gentari to supply large-scale, carbon-free energy to AMG Ammonia's new green ammonia facility
Gentari will be supplying 650 MW round-the-clock, carbon-free energy to power AMG Ammonia's upcoming green ammonia facilities, under a long-term Power Purchase Agreement.
- Honeywell collaborates with SAF One and Tata Projects to enable sustainable aviation fuel production 1/29
- Casale and OMNI Sign MoA to jointly advance waste-to-green methanol and hydrogen technologies 1/29
- GIZ and thyssenkrupp nucera partner to advance green hydrogen and power-to-X markets in India 1/29
- IACS issues new Unified Requirement on ammonia release mitigation systems 1/29
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project 1/29
- CF Industries, POET launch low-carbon fertilizer pilot to cut ethanol production carbon intensity 1/29
