Americas
Mitsui, Celanese launch new Texas methanol plant
In addition to access to reliable supplies of affordable gas feedstocks thanks to the US shale revolution, project officials also expect to benefit from the use of existing infrastructure.
Global petrochemical prices fall to six-year lows
Petrochemical prices, expressed as a monthly average, fell $102/ton from August to $786/ton in September. This is the second straight month where the average price has fallen over $100.
NiQuan Energy enlists Black & Veatch to advise on Caribbean GTL project
Black & Veatch will perform a detailed review of plant engineering design and specifications, its structural and mechanical integrity and adherence to applicable codes. The company will provide design specification for completion of the facility, a project schedule and an overall cost estimate.
Sasol picks Emerson to automate new Louisiana petrochemicals project
The automation project is one of the largest in history awarded to Emerson. The complex includes an ethane cracker that will produce 1.5 million tpy of ethylene, as well as six chemical manufacturing plants designed to convert the ethylene into a diverse range of chemicals.
CB&I wins EPC on new US Gulf chemicals project
CB&I was awarded a contract in excess of $100 million by a major chemical corporation to engineer, procure, fabricate and construct a specialty chemicals plant in the US Gulf Coast region.
Chevron extends job cuts to trading desks
Chevron will cut staff on its global energy trading desks, making it the latest unit to face reductions as part of a $3 billion cost-saving plan brought on by weak crude oil markets.
Phillips 66 unveils 2016 capital expenditures plan for refining, NGL projects
Phillips 66 plans $1.2 billion of capital expenditures in refining, with approximately 70% to be invested in reliability, safety and environmental projects, including compliance with the new Tier 3 gasoline specifications.
KBR adds partnerships to streamline contracting
“With this announcement, KBR has achieved another milestone in our implementation of the strategic plan we announced last year to transform our business,” said Stuart Bradie, KBR 's CEO. “These partnerships further streamline our business so that we can continue to deliver for our customers.”
Air Products to expand US hydrogen-fuel network
The three stations are coming onstream in California, with another 25 hydrogen fueling stations involving Air Products that are now in the construction, planning or permitting phase.
CB&I wins $60MM in operational services work for Louisiana chemicals site
"CB&I is pleased to be selected for the continuation of these operational services [at the Louisiana plant]," said Chip Ray, president of CB&I's capital services operating group.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
