Petrochemicals
Egypt signs framework agreement to build $7-B petrochemical complex in New Alamein City
The Egyptian Ministry of Petroleum and Mineral Resources signed a framework agreement with the UK-based Shard Capital for the development of a $7-B petrochemical complex in New Alamein City, Egypt. The project will be developed in collaboration with Saudi Arabia's Al-Qahtani Group.
ExxonMobil's gas project in Guyana to include fertilizer plant
A large-scale gas project by ExxonMobil in Guyana set to provide natural gas and export LNG will also include fertilizer plants, the head of the U.S. oil major in Guyana, Alistair Routledge, said.
BASF invests in new alcoholates plant in Ludwigshafen (Germany)
BASF is investing a mid-double-digit million-euro amount in a new alcoholates plant at its site in Ludwigshafen, Germany. The plant will produce sodium methylate and potassium methylate, two important chemicals used for the production of biodiesel and for pharmaceutical and agricultural applications.
Draeger UK secures contract extension with INEOS O&P UK, Grangemouth
Draeger Safety UK Ltd has secured a contract extension with INEOS O&P UK. The indirect services agreement, which will run until 2029, covers the provision and maintenance of Portable Gas Detection and Rental Robot services to support the company’s operations.
ONGC (India) seeks partners for ethane feedstock for OPaL's ethane cracker
ONGC Petro additions Ltd (OPaL), a unit of ONGC, plans to source 800,000 tpy of ethane to secure feedstock for the plant from May 2028.
China refiners buy more Brazilian, W. African crude as sanctions, tariffs disrupt supply
Chinese refiners have stepped up purchases of Brazilian and West African crude as they reorganize sourcing around sanctions and tariff disruptions, and after prices of Middle Eastern grades surged.
Guyana, Dominican Republic discuss possible refinery and petrochemical plant construction
Guyana and the Dominican Republic are making progress on accords for offshore oil and gas exploration and to build a petrochemical plant and possible refinery in the South American country.
Study confirms biomass can meet 20% of carbon demand in chemicals sector by 2050
A new study commissioned by the Renewable Carbon Initiative (RCI) and the Biobased Industries Consortium (BIC) reveals that meeting 20% of the total global carbon demand of the chemicals and derived materials sector by 2050 from biomass is achievable and sustainable.
S-Oil's $7-B Shaheen petrochemical complex is on track for 1H 2026 start
S-Oil's $7-B Shaheen petrochemical project in Ulsan, South Korea, is progressing and is expected to be completed by the first half of 2026.
TOYO awarded licensing and equipment supply contract for the first ever urea fertilizer plant in Angola
Toyo Engineering Corp. will license its proprietary urea technology for Amufert S.A.'s 4,000-tpd urea plant to be built in the Soyo region of the Republic of Angola.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- OXEA and Air Liquide renew syngas and hydrogen supply agreement for Oberhausen site 5/18
- BASF boosts refinery catalyst innovation with new R&D center in Attapulgus, Georgia (U.S.) 5/18
- Aster and Puraglobe sign MoU to bring world-leading re-refining technology to Asia 5/18
- U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices 5/18
- China's April oil throughput hits lowest since August 2022, inventories rise 5/18
