Construction
Central American nations beef up import infrastructure, fuel production amid demand shift
   Methanex’s methanol facility in Trinidad.
Business Trends: Special report--Global LNG overview
Liquified natural gas is forecast to become one of the most valuable commodities in the world.
Global Project Data
According to <i>Hydrocarbon Processing's</i> Construction Boxscore Database, new project announcements averaged approximately 25 per month in 2015.
Lotte Chemical awards $365MM contract to CB&I for Louisiana MEG project
The monoethylene glycol (MEG) facility will be located adjacent to the new ethane cracker, as recently announced by a joint venture between Axiall and Lotte Chemical.
HP Global: Forthcoming tax hike could hamper Russian refining
Russia plans to increase the volume of oil it refined this year, despite Western sanctions and the ever-deteriorating business environment, according to an official spokesperson for Alexander Novak, Russia’s minister of energy.
Pemex awards EPC work to ICA Fluor to upgrade Tula refinery at Hidalgo
Once the upgrade is completed, the refinery’s processing capacity will increase from 315,000 bpd to 340,000 bpd. The project’s mechanical completion is scheduled for the second quarter of 2018.
Fluor erects tallest lift for new CPChem cracker
Over the past three months, Fluor has executed nine mega-lifts at the site by erecting the major pieces of equipment that will be used in the plant’s operations. Each lift was more than 275 tons.
HP Innovations
Ingersoll Rand debuted its TURBO-AIR NX 8000 integrally geared centrifugal compressor at the Turbomachinery & Pump Symposia show in Houston, Texas in September.
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.
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.”
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
