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Vostochnaya Neftechemicheskaya moves on Nakhodka petrochemical complex project ZAO Vostochnaya Neftechemicheskaya (VNHK) is fully owned OJSC NK ROSNEFT (Rosneft) company created in 2011 to develop a petrochemical complex in Primorsky region, near Pervostroiteley settlement of Nakhodkinsky urban district. Nakhodka is located in the Vladivostok region, in the East of the Russian Federation. Rosneft’s VNHK is planning […]
Saudi Aramco and Total to go for Aromatics in phase 2 While the joint venture Saudi Aramco Total Refining and Petrochemical Company (Satorp) is completing the construction of the refinery as the first phase of the project to come on stream in 2013, Total and Saudi Aramco are already working on the second phase about petrochemicals in […]
Definition Mixed cracker refers to cracker in the refining process which can treat equally ethane or naphtha Comments The cracker is a master piece of the refining process to produce gasoline, diesel, jet fuel and all the building blocks of the petrochemical industry (ethylene, propylene, butadiene and all their respective derivatives) To feed this cracker, usually a […]
Dow and Saudi Aramco $20 billion Sadara takes shape Sadara Chemical Company (Sadara) is a joint venture between The Dow Chemical Company (Dow) and Saudi Arabian Oil Company (Saudi Aramco). Once complete, Sadara petrochemical complex will be one of the world’s largest integrated chemical complex and the largest ever built in a single phase. The facility […]
Sabic expands Kayan complex into strategic chemicals Saudi Kayan (Kayan) is an affiliate of Saudi Basic Industries Corporation (SABIC) to run and operate one of the largest petrochemical complex in the world located in the Jubail Industrial City. Sabic designed it to reduce Saudi economy reliance on crude oil in bringing up to the market high added […]
Shell do not revise its offer on Cove Energy against PTT Last February, Shell Exploration and Production B.V.(Shell) had made an offer on to take over Cove Energy (Cove), then the Thai National Oil Company (NOC), PTTEP came into the game with the counter offer. After different bids, both companies maintained their conditions, Shell at $0.220 per share and PTTEP at $0.240 while Coves‘ […]
Wentworth leads consortium with Cove Energy and Maurel & Prom The Dubai-based Wentworth Resources (Wentworth) is an independent oil and gas company with natural gas production and a committed exploration program in the Rovuma Basin of southern Tanzania and northern Mozambique. Wentworth and its concession partners Cove Energy (Cove) and Maurel & Prom own a gas […]
Sibur kicks off Russian largest petrochemical complex If Russia is among the biggest producer and exporter of oil and gas, Russia is also a net importer of petrochemical products. In the same way as Russia has multiplied strategic alliances with western companies, such as ExxonMobil, Statoil, ENI, Total to boost its upstream sector, Russia is also […]
