Olefins
Total to convert Antwerp naphtha cracker to ethane Total announced during investor day, that he will spend $1.5 billion capital expenditure to adapt its Antwerp refinery and petrochemical complex to the market conditions. With a capacity of 350,000 b/d, Antwerp is the second largest refinery in Europe and the largest in Total including: – 348,000 […]
Growth is Life Headquartered in Numbai, Reliance Industries Limited (RIL) is the largest private sector company in India, listed on the National Stock Exchange of India Limited (NSE) and the Bombay Stock Exchange Limited (BSE). As a Group, RIL is a rather diversified company but with a solid core business around the oil and gas industry […]
Empowering the nation for generations to come The Abu Dhabi National Oil Company (ADNOC) is one of the world’s leading national oil companies (NOC) with substantial business interests in upstream, midstream and downstream activities, including transportation, shipping, marketing and distribution. ADNOC is part of the world Top 10 oil producing company. Established in 1971, ADNOC has 15 […]
Abu Dhabi Chemical Company sets Tacaamol phase 1 Abu Dhabi Chemical Company (ChemaWeyaat) is planning to call for tender before the end of the year for the front end engineering and design (FEED) of the Tacaamol Aromatics project. Tacaamol is a joint venture between between ChemaWEaat and Abu Dhabi sovereign fund International Petroleum Investment Company (IPIC). […]
After Petronas Rapid joint venture Versalis go to China On April 2012, the Italian national oil company Eni decided to rename its chemical branch Polimeri Europa into Versalis. Beyond the branding operation, Eni intends to go global with its Europe centric chemical business to benefit from the high growth in emerging countries. In 2011, Polimeri […]
Versalis joins Basf, Itochu and PTT to partner in Rapid Petroliam Nasional Berhad (Petronas) completed in September a joint venture with the Italian company Versalis, the chemical branch of Eni for the refinery and petrochemical integrated development (RAPID) project in Pengerang, Johor, Malaysia. With this partnership, Petronas and Versalis will design, develop and construct the elastomers […]
Dow to increase customer focus and reduce costs Last July, The Dow Chemical Company (Dow) reported 31% tumbled earnings for the second quarter 2012 as the consequence of the global slowdown of the demand and depressed prices on global markets. Less than two months later Dow is publishing its new global organization to restore earnings […]
Larsen & Toubro wins Oman PDO Saih Rawl phase 2 >On August 27th 2012, Petroleum Development Oman LLC (PDO) awarded to Larsen & Toubro from India the engineering, procurement and construction (EPC) contract for the Saih Rawl Depletion Compression Phase 2 (SRDC2) project. Nine engineering companies were in competition to win this order of $235 […]
