Management
Thai SCG halts operations at $5.4-B Vietnam petrochemical complex
Siam Cement Group said it has suspended commercial operation at its $5.4-B Long Son Petrochemicals complex in Vietnam after only one month due to "the chemicals' low margin".
Marathon, Teamsters to resume contract talks as Detroit refinery strike enters second month
Marathon Petroleum Corp. and the Teamsters union, which represents hundreds of refinery workers, will resume labor contract negotiations this week as a strike at the refiner's Detroit facility enters a second month.
Oman's OQ to list up to 49% stake in methanol, ammonia and LPG arm
Oman's OQ Base Industries, the methanol, ammonia and LPG arm of state-owned OQ, plans to list an up to 49% stake on the local stock exchange. The listing is part of a privatization program by state-owned energy group OQ to diversify its economy and cut its debt.
LyondellBasell to close Houston refinery (U.S.) in Q1 2025
Chemical maker LyondellBasell Industries detailed its long-announced plan to permanently shutter its 263,776-bpd Houston oil refinery in the first quarter of 2025, shutting the facility's CDU and coker train in January, followed by the shuttering of the second CDU-coker production train, which supplies the gasoline-producing FCC and ancillary units, ending motor fuel production
Sponsored Content: Demystifying industrial AI agents: What we can learn from Iron Man
An industrial agent is an agile and robust software entity that intelligently represents and manages the functionalities and capabilities of an industrial unit. This Digital Feature dives deep into industrial agents, and how they can be used to optimize plant operations.
Aramco, Petrovietnam sign Collaboration Framework Agreement for increased petrochemicals trade
The framework agreement signed by Aramco and Petrovietnam will explore opportunities for cooperation in storage and the supply and trading of energy and petrochemical products
Phillips 66 refineries to run between low to mid 90% range capacity in Q4 2024
U.S. crude oil refiner Phillips 66 plans to operate its refineries in the low to mid-90% range of combined capacity of 1.5 MMbpd in the fourth quarter.
Sumitomo Chemical begins study to optimize operations at Keiyo Ethylene
Sumitomo Chemical has made a proposal to Maruzen Petrochemical Co., Ltd., its JV partner in Keiyo Ethylene Co., to reduce offtake quotas for Sumitomo Chemical products at Keiyo Ethylene.
U.S. Steelworkers union looks to clean energy to replace job losses at oil refineries
The United Steelworkers union is counting on clean energy projects to spur membership growth, offsetting losses at oil refining and petrochemical plants.
PetroChina set to shut top north China refinery in 2025
PetroChina is set to shut its largest domestic oil refinery around mid-2025, the country's first major closure at a state-run plant and part of a long-mooted project to replace it with a smaller facility at a new site.
- Russia to aid hurricane-hit Cuba with diesel fuel 11/8
- SABIC opens ULTEMâ„¢ resin manufacturing facility in Singapore 11/8
- U.S. refiners hold output at high levels as fuel inventories sag 11/8
- Catalyxx secures $5.8-MM Series A equity round to advance green chemistry technology 11/8
- Neste changes its guidance due to unplanned shutdown of Rotterdam refinery 11/8
- Repsol launches Nexa, the commercial brand of its 100% renewable premium diesel in service stations 11/8