Middle East
Royal Dutch Shell signs MOU with Iran's National Petrochemical
Royal Dutch Shell signed a preliminary memorandum of understanding with Iran’s National Petrochemical Co. for cooperation in the petrochemical industry.
Measure naturally occurring radioactive material in polypropylene plants
In the petrochemical industry, process plants often rely on radiation-based level and density detectors.
Use process knowledge management systems to accelerate innovation
The amount of stored digital data is doubling every two years, and the rate of data acquisition is close to exceeding our ability to process it and sort out what is valuable.
Qatar's Ras Laffan 2 condensate splitter to launch in October
Qatargas will start operations at its new Ras Laffan 2 condensate splitter by the end of October, doubling the Gulf state's capacity to process condensate.
Innovations
Where large machines are in use and the overall processes depend on a smoothly functioning plant, companies often rely on fixed maintenance schedules and diagnostic tools.
Global Project Data
New project announcements have hovered in the low teens for several months.
Industry Metrics
US gasoline demand contributed to falling inventories. Operational problems at several refineries and the potential impact of a tropical storm strengthened margins.
Moody’s predicts sustained negativity for refining industry
Moody's outlook for the refining and marketing industry in North America and Europe, the Middle East and Africa remains negative.
Nuberg wins $20 MM EPC contract for Calcium Chloride Plant in Egypt
Nuberg, has won a calcium chloride plant project on EPC & LSTK basis in Port Said, Egypt from TCI Sanmar Chemicals.
Asia fuel oil discount to Dubai crude at narrowest in eight months
Boosted by supply constraints and lower global inventories, the discount of 180-centistoke fuel oil in Asia to Dubai crude oil is at its narrowest in almost 8 months.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
