petrochemical complex

A year ago, Oman Oil Company (OOC) and the International Petroleum Investment Company (IPIC) – an Abdu Dhabi Government owned company – signed in Abu Dhabi a cooperation agreement on investments in oil, gas and petrochemicals. This agreement is now taking shape with the decision to move ahead with this $6 billion refinery to be […]

 “Downstream” covers all the chain of transformations of the oil or gas after the transportation (Midstream). It begins with the refining and it continues with all the cracking operations of the petrochemical industry to produce all the chain of chemical products (Ethylene, Polyethylene, Propylene, Polypropylene, etc…) Comments: By comparison with the “Upstream” (Exploration & Production) […]

  Petronas Chemical Group (PCG) is planning to build a US$20 billion RAPID (Refinery and Petrochemicals Integrated Development) plant in Pengerang, Johor, Malaysia, which borders Singapore, — the largest oil trading hub in Asia. The project is key for grabbing a larger share in the $395 billion global market for specialty chemicals — high value raw materials used in […]