Construction
Genoil signs $50-B letter of intent to develop integrated oil project in Russia
Genoil Inc. has signed a $50-B letter of intent to develop oil fields and construct clean technology upgraders, refineries and pipelines in Russia.
Sinopec in $4-B petrochemical JV with Taiwan firm
A subsidiary of top Asian refiner Sinopec Corp. has officially launched a 50-50 JV with a Taiwanese company to build a petrochemical complex in southeast coastal Fujian province.
Thailand's Bangchak reviewing refinery upgrade plan
Bangchak Petroleum Pcl. is reviewing its previously announced plan to upgrade and raise its refinery capacity to 140 Mbpd from 120 Mbpd.
Technip awarded contract for modernization of SOCAR Azerikimya petrochemical complex
SOCAR has awarded Technip a contract for engineering, procurement and construction (EPC) services for the SOCAR Azerikimya plant, located in the city of Sumgait, Azerbaijan.
Wärtsilä's to cooperate with ENGIE to develop small scale LNG markets
Wärtsilä has signed a memorandum of understanding with French multinational energy company ENGIE, to develop solutions and services within the small scale LNG business sector.
Woodfibre LNG receives project funding
Pacific Oil & Gas Ltd. has authorized the funds necessary for the Woodfibre LNG Project to proceed.
Air Liquide Global E&C Solutions to provide technology, services at Grannus ammonia plant
Air Liquide Global E&C Solutions will license technology and provide engineering services for the production of hydrogen at Grannus’ regional-scale ammonia plant to be built in Kern County, CA.
China firm seeks state financing for $5.5-B Caribbean oil project
Commodity trader Guangdong Zhenrong Energy Co. is in talks to secure funding for a $5.5-B plan to upgrade a Caribbean oil refinery and build a natural gas terminal, giving China a foothold in a strategic oil hub.
MAN Diesel & Turbo, Hyundai Engineering complete power plant expansion for Attock Refinery
MAN Diesel & Turbo and Hyundai Engineering have completed the extension of a power plant in Pakistan for Attock Refinery Ltd.
Shell-CNOOC JV to assume ownership of new petrochemical complex
Shell Nanhai B.V. and China National Offshore Oil Corporation’s 50:50 JV has officially assumed ownership of CNOOC’s ongoing project to build an ethylene cracker and several derivatives units, after receiving all the necessary government approvals.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
