Petrochemicals
Sinopec releases China Energy Outlook 2060, anchoring new path of energy transformation development
This is Sinopec’s first publicly released research findings of their medium and long-term energy outlook, providing a new perspective for the scientific planning of transformation and development of China’s energy and chemical industries.
Maire Tecnimont signs already announced $1.3 B EPC petrochemical contract
The $1.3 B EPC Lump Sum contract, already announced on December 21, 2022, is part of this complex and has been awarded to Tecnimont by a Joint Venture composed of QatarEnergy and Chevron Phillips Chemical.
QatarEnergy, Chevron Phillips Chemical to begin construction on integrated polymers complex
QatarEnergy and Chevron Phillips Chemical Company LLC announced they will proceed on construction of a $6 B integrated polymers complex in Ras Laffan Industrial City, Qatar.
Samsung Engineering receives an ethylene project contract from Ras Laffan Petrochemicals in Qatar
Samsung Engineering will be in charge of the major ethylene production facilities with its scope of work including furnaces, C2 hydrogenation, hydrogen purification unit and three main compressors.
Technip Energies wins large project management consultancy contract by Kuwait Oil Company
The five-year framework agreement contract covers front-end engineering design (FEED), project management, and associated services for KOC’s major projects.
Kuwait's Al Zour offers more low-sulfur fuel oil for January
Kuwait has issued a tender offering three cargoes of low-sulfur fuel oil (LSFO) from its Al Zour refinery, ramping up volumes for January compared with previous months.
Maire Tecnimont Group wins new contracts for approximately $280 MM
Maire Tecnimont announced that its subsidiaries Tecnimont, KT-Kinetics Technology and Stamicarbon have been awarded several new contracts for an overall value of approximately $280 MM.
Energy commodity prices in 2022 showed effects of Russia’s full-scale invasion of Ukraine
After increasing 68% from January through June, the energy component of the S&P Goldman Sachs Commodity Index (GSCI) ended the year 10% higher than the first trading day of 2022.
Maire Tecnimont wins $1.3 B EPC petrochemical contract
Maire Tecnimont announced that its subsidiary Tecnimont S.p.A. has been awarded an EPC (Engineering, Procurement e Construction) Lump Sum contract relating to the implementation of a petrochemical project.
Oman's OQ, Kuwait Petroleum International and SABIC plan petrochemicals complex
Oman's state energy company OQ has signed an agreement to develop a petrochemicals complex in the Duqm economic zone with Kuwait Petroleum International and Saudi Basic Industries Corp.
- Australia’s biggest LNG plants suffer outages due to cyclone, straining global supply 3/27
- Iran war chokes petrochemical supply, sends plastic prices soaring 3/27
- Stockholm Exergi taps Inprocess to deliver advanced process simulator for BECCS project 3/27
- Japan to relax rules from April to boost coal-fired power amid LNG import risks 3/27
- Velan releases upgrades to its delayed coker isolation valves 3/27
- AFPM: ‘Baffling’ final RFS will break cost records. In fact, it already is 3/27
