Petrochemicals
Italy's Eni teams up with Q8 to build biorefinery in Sicily
The move is part of Eni's strategy to overhaul its loss-making chemical business as the European petrochemical sector struggles with overcapacity.
China's Chambroad buys Canadian crude for May delivery
The refiner was one of the main buyers of Venezuelan oil, while it occasionally imported Canadian oil exported from the Trans Mountain pipeline for its bitumen production.
Rising oil, gas and LNG demand draws global traders to India
As consumption growth slows in most major economies, trading firm executives told the India Energy Week conference that they see opportunities across crude, refined fuels and liquefied natural gas (LNG).
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
