Middle East
LyondellBasell expands core PP business with 35% stake in NATPET from Alujain in Saudi Arabia
LyondellBasell and Alujain Corporation announced completion of the acquisition of a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) by LYB from Alujain.
Oil prices ease on US gasoline demand worries, economic data
Oil prices eased about 1% on worries over weak U.S. gasoline demand and economic data that could cause the U.S. Federal Reserve to keep interest rates higher for longer.
QatarEnergy announces 15-yr urea supply agreement with Koch Fertilizer
QatarEnergy signed a long-term urea supply agreement with Koch Fertilizer for up to 740,000 tpy of urea.
U.S. Gulf Coast imports of straight-run fuel oil at record as global supply jumps
Imports of straight-run fuel oil (SRFO) to the U.S Gulf Coast were set to climb to record levels this month as Mideast and African suppliers ramped up exports and U.S. refiners scrambled for heavy feedstocks.
Tecnimont receives 'notice to proceed' on TA'ZIZ low-carbon ammonia plant in UAE
MAIRE Tecnimont has received from Fertiglobe the notice to proceed with the construction activities related to the low-carbon ammonia plant under development in TA’ZIZ Derivatives Park, UAE.
A multi-objective optimization study for an integrated oil refinery-petrochemical plant—Part 1
The study of the ideal integration of an oil refinery and an ethylene production facility has regained interest due to the rising costs of crude oil and its derivatives. This study proposes a multi-objective optimization approach that maximizes the net profit and production of ethylene and propylene in an integrated plant.
ADNOC to acquire 10% equity stake in major LNG development in Mozambique
ADNOC announced the acquisition of Galp’s 10% interest in the Area 4 concession of the Rovuma basin in Mozambique, entitling ADNOC to a share of the LNG production from the concession, which has a combined production capacity exceeding 25 MMtpy.
Executive Viewpoint: Petrochemicals transition, operational sustainability and new pathways for light olefins production
Welcome to Hydrocarbon Processing’s Executive Series. In this enhanced video platform, the editors speak with the operators and technology leaders and suppliers that are optimizing the global hydrocarbon processing industry (HPI).
Sustainability and the Energy Transition: The pyrolysis of plastic wastes: A techno-economic analysis
Plastics are some of the most vastly used materials in modern life. They are the building block of products manufactured by almost every sector, including packaging, building and construction, textiles, consumer products, transportation, electrical and electronics, and industrial machinery.
Pakistan-China to sign MoU on oil-to-chemicals complex in June
During Prime Minister Shehbaz Sharif's visit to Beijing in June, China and Pakistan are expected to sign a memorandum of understanding (MoU) on a crude-to-petrochemical refinery project.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21