SINGAPORE (Reuters) -- France's international utility company Engie has started a global desk to trade liquefied petroleum gas (LPG) and plans to promote the fuel as a replacement for diesel in power generation, senior executives said on Thursday.
DES PLAINES, Ill. -- Honeywell announced that Jiangsu Sailboat Petrochemical Company, Ltd. started its UOP Advanced Methanol-to-Olefins (MTO) unit during a 10-day test to confirm successful operation. When the full unit goes on line, it will have an annual production capacity of 833,000 mtpy, making it the largest single-train MTO unit in the world.
SAN DIEGO (Reuters) -- A US biofuels lobbying group on Tuesday said it is seeking to work with longtime rival the oil industry to fight the threat to both from subsidies for electric vehicles.
SAO PAULO (Reuters) -- Brazil's Braskem SA is trimming investments this year as it winds down spending on a new plant in Mexico and cuts back strategic new projects after a bribery settlement hammered earnings last year, according to a Wednesday securities filing.
DES PLAINES, Ill. -- Honeywell announced that Houston-based Enterprise Products Operating LLC has chosen Honeywell UOP's C4 Oleflex technology to produce 425,000 mtpy of isobutylene, which is used to make high-octane fuel and high-performance synthetic rubbers and acrylics.
(Reuters) -- Indian refiners processed 21.11 MMt, or 4.99 MMbpd, of crude oil in January, a decline of around 1.5% compared with the same period last year, as many state refiners shut units for maintenance, preliminary government data showed on Wednesday.
MOSCOW (Reuters) -- Russian oil producer Lukoil said in a statement on Tuesday it has completed the sale of its Karpatneftekhim petrochemical plant in western Ukraine.
Repsol is developing a product for manufacturing a new type of polyol, polycarbonate polyol, which will partially replace its raw material, propylene oxide (a limited fossil resource) with the abundant and sustainable alternative, CO2.
SINGAPORE/NEW DELHI (Reuters) -- India's Reliance Industries, owner of the world's biggest refining complex, will halt heavy naphtha exports in 2017/18 after the full-scale start-up of its 2.2 MMtpy paraxylene plant by end-March, four people with knowledge of the matter said.
SEOUL/SINGAPORE (Reuters) -- A shift in the use of liquefied petroleum gas (LPG) to petrochemicals and away from transport has pushed demand for the fuel to new records in South Korea, after years of slumping consumption, a change which mostly benefits US suppliers.