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Petrochemical

CNPC to join Petroecuador in Ecuador Refinery project The giant China National Petroleum Company (CNPC or PetroChina) is currently in discussion with the national oil companies (NOCs) Petroecuador and Petroleos de Venezuela SA (PDVSA) to take a stake in the Ecuador Refineria del Pacifico project. With a production of 500,000 barrels per day (b/d), Ecuador […]

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Rosneft and Mitsui signed MOU for Nakhodka complex During the visit of Prime Minister of Japan Shinzo Abe to Russian President Vladimir Putin on April 29th, 2013, the Russian oil and gas and petrochemical giant OJSC NK ROSNEFT (Rosneft) and the Japanese conglomerate Mitsui & Co., Ltd (Mitsui) inked a memorandum of understanding (MOU) to develop […]

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KBR to provide PurifierTM Ammonia technology Dyno Nobel Louisiana Ammonia LLC, the US subsidiary of Australian group Incitec Pivot Limited (IPL), made the final investment decision (FID) to build a new nitrogen-based fertilizer plant in Louisiana, USA. In order to optimize its $850 million capital expenditure, IPL selected an existing chemical complex in Waggaman, Louisiana, to […]

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Saudi Arabia to work on Red Sea LNG Terminal Project The national oil company Saudi Aramco is considering again to build liquefied natural gas (LNG) import terminal on the Red Sea. In the previous years, the Kingdom of Saudi Arabia has already pushed and shelved this Red Sea LNG import terminal project. This stop-and-go attitude […]

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RiCoal selected Rostov for its Petrochemical complex The Russian joint venture RiCoal Chemical Coal Plant (RiCoal) is planning to build a world-scale Coal-to-Olefin and petrochemical complex in Rostov-on-Don in the south of Russia. Estimated to require $2.5 billion capital expenditure, RiCoal selected Rostov-on-Don location because of available coal and natural gas available in the region and […]

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