Americas
Praxair adds new Utah liquefier to serve refiners
A new liquefier will be added to Praxair’s plant, which will nearly double the production of both liquid nitrogen and liquid oxygen. The project is expected to be completed in the first quarter of 2017.
Mitsui, Celanese launch new Texas methanol plant
In addition to access to reliable supplies of affordable gas feedstocks thanks to the US shale revolution, project officials also expect to benefit from the use of existing infrastructure.
Global petrochemical prices fall to six-year lows
Petrochemical prices, expressed as a monthly average, fell $102/ton from August to $786/ton in September. This is the second straight month where the average price has fallen over $100.
NiQuan Energy enlists Black & Veatch to advise on Caribbean GTL project
Black & Veatch will perform a detailed review of plant engineering design and specifications, its structural and mechanical integrity and adherence to applicable codes. The company will provide design specification for completion of the facility, a project schedule and an overall cost estimate.
Sasol picks Emerson to automate new Louisiana petrochemicals project
The automation project is one of the largest in history awarded to Emerson. The complex includes an ethane cracker that will produce 1.5 million tpy of ethylene, as well as six chemical manufacturing plants designed to convert the ethylene into a diverse range of chemicals.
CB&I wins EPC on new US Gulf chemicals project
CB&I was awarded a contract in excess of $100 million by a major chemical corporation to engineer, procure, fabricate and construct a specialty chemicals plant in the US Gulf Coast region.
Chevron extends job cuts to trading desks
Chevron will cut staff on its global energy trading desks, making it the latest unit to face reductions as part of a $3 billion cost-saving plan brought on by weak crude oil markets.
Phillips 66 unveils 2016 capital expenditures plan for refining, NGL projects
Phillips 66 plans $1.2 billion of capital expenditures in refining, with approximately 70% to be invested in reliability, safety and environmental projects, including compliance with the new Tier 3 gasoline specifications.
KBR adds partnerships to streamline contracting
“With this announcement, KBR has achieved another milestone in our implementation of the strategic plan we announced last year to transform our business,” said Stuart Bradie, KBR 's CEO. “These partnerships further streamline our business so that we can continue to deliver for our customers.”
Air Products to expand US hydrogen-fuel network
The three stations are coming onstream in California, with another 25 hydrogen fueling stations involving Air Products that are now in the construction, planning or permitting phase.
- India's Reliance gets one-month US concession to buy Rosneft oil 12/24
- SOCAR signs deal to buy Gama Enerji gas plant in Turkey for $225 MM 12/24
- Japan's Eneos leads bids for Chevron’s Singapore oil refinery stake 12/24
- Larsen & Toubro awarded EPCC contract for BPCL's polyethylene plant 12/24
- Maire's Nextchem to acquire technology licensor and engineering company Ballestra 12/24
- bp agrees to sell a 65% shareholding in Castrol to Stonepeak at an enterprise value of $10 billion 12/24
