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Environment

SABIC says China petrochemical project to cost $3-4 B

Saudi Basic Industries Corp. expects its coal-to-chemicals project in China with Shenhua Ningxia Coal Industry Group to cost $3-4 B.

Viewpoint: The politicalization of the SEC—A dangerous precedent

American Fuel & Petrochemical Manufacturers (AFPM): Thompson, C.

The benefits of fossil fuels are undeniable.

Prospective costs of the EPA’s proposed RMP chemical accident prevention requirements

Vinson & Elkins LLP: Wilkinson, G.  |  Pullins, T.  |  Snow, C.

On March 14, 2016, the US Environmental Protection Agency (EPA) published proposed revisions to its Risk Management Plan (RMP) facility safety program in the US Federal Register.

Wärtsilä to supply Finland LNG satellite terminal

Wärtsilä has signed a turnkey contract to supply a liquefied natural gas (LNG) receiving terminal to be built in Raahe, Finland.

Germany outlines deal with EU on green levy for co-generation plants

Germany resolved a dispute with the EU so that German firms that generate power for their own consumption can remain exempt from a green energy surcharge.

Neste to participate in Carbon Handprint project development

Neste is cooperating with leading Finnish companies in the development of a new Carbon Handprint tool to create common indicators for assessing environmental measures and communicating them.

China's parliament proposes new environmental tax benefits

China's parliament has proposed increasing tax benefits for companies that cut pollution by more than the national standard.

Brazil climate pledge questioned after ethanol snub

Biofuel and climate experts have questioned Brazil's commitment to a plan to cut carbon emissions by raising ethanol use after the country's government this week said it planned to scrap a tax break on the biofuel.

Iran detects malware in petrochemical plants

Iran has detected and removed malicious software from two of its petrochemical complexes after announcing last week it was investigating whether recent petrochemical fires were caused by cyber attacks.

China refiners, petrochemical companies to benchmark CO2

China's oil refining, petrochemical and chemical companies will propose a plan to benchmark their CO2 emissions as the first step toward setting up an emissions market for the sector.