Petrochemicals
India to buy 6 MMbbl of Iran oil for emergency reserves
India is set to buy 6 MMbbl of Iranian crude for its strategic oil reserves as negotiations with the United Arab Emirates' national oil company for supplies are stuck over commercial terms.
Koch acquires process optimization solution provider EFT Energy
Koch Industries acquired EFT Energy, a software-as-a-service and solutions provider in the fields of industrial and manufacturing predictive analytics, process optimization, and industrial and commercial energy management.
Linde, Petronas JV to build air gas facility at Pengerang petroleum complex
Linde Malaysia and Petronas Gas Berhad will build an industrial air gas facility that supply the needs of Petronas’ refinery and petrochemicals integrated complex in southern Malaysia.
BASF’s enhanced precision grout offers safety and application benefits
BASF’s construction chemicals division has enhanced and aligned the performance and availability of MasterFlow 648 epoxy resin-based precision grout with the needs of the petrochemical industry.
Three firms vie for BP’s share in SECCO JV petrochemical plant
At least three leading chemical companies are set to vie for BP's stake in Chinese petrochemicals JV SECCO which could fetch more than $2 B.
TPC Group to sell Baytown facility to SI Group
TPC Group has reached an agreement to sell its Baytown operations facility to SI Group. The operations include manufacturing assets for nonene, tetramer, and other propylene derivatives.
Schneider Electric brings process engineering to the cloud with SimSci Online
New cloud platform lets users access industry-leading SimSci software from anywhere for a highly available and scalable solution
Siemens launches electro-oxidation technology for spent caustic treatment
Siemens has developed an electro-oxidation process to address the needs of refinery and petrochemical spent caustic treatment.
Four injured in fire at Iran petrochemical plant
A fire broke out at Iran's Mobin Petrochemical refinery complex in the southern port of Assaluyeh, leaving four people injured.
MOL Group included in the Dow Jones Sustainability Index
MOL Group has once again been part of the Dow Jones Sustainability World Index, placing the company in the top 15% of integrated oil and gas companies based on its corporate sustainability performance.

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- Digital Feature: The critical interdependency of relief valve analysis and flare system considerations during HAZOP 7/7
- Trafigura to use Babcock's ammonia fuel supply system onboard gas carriers 7/7
- Lotte Chemical Titan secures $3-B ethylene supply deal in Indonesia 7/7
- Diesel East-West price spread nears 1.5-yr high amid supply concerns West, stable East 7/7
- U.S. Gulf Coast fuel oil imports at record low as refiners opt for heavier crude 7/7