Petrochemicals
ExxonMobil doubles polypropylene production at Baton Rouge
ExxonMobil today announced the successful startup of its new polypropylene production unit at the Polyolefins Plant in Baton Rouge, Louisiana.
Lukoil-controlled Italy refinery will keep going despite oil embargo
An Italian oil refinery controlled by Russia's Lukoil still sees scope to remain operational despite a European Union embargo on Russian oil starting on Dec. 5, the company said, after Rome paved the way to place it in the hands of trustees.
India's Essar Group plans $4.9 B petrochemical complex in Odisha
India's Essar Group plans to set up a $4.92 B petrochemical complex in the eastern state of Odisha in a tie-up with a global player, it said in a statement.
A novel deep catalytic cracking technology for residue-to-chemicals processes
Over the past two decades, annual global demands for refined products and basic petrochemicals have increased by approximately 1.3% and 3.5%, respectively.
Innovations
N’GENIUS Materials Technology has developed a new series of high-strength austenitic stainless steels that the company says will transform how materials are specified and utilized across the oil and gas sector.
Industry Perspectives: Despite reaching $180 B, new project announcements are down year-over-year
Over the past year, the Global Energy Infrastructure database has tracked more than $180 B in new project announcements.
Kuwait refinery Al Zour issues its first LSFO tender
Kuwait has issued its first tender offering low-sulfur fuel oil (LSFO) from its recently commissioned Al Zour refinery, several industry sources said on Friday.
Saudi Aramco to invest in $7 B petchem project in South Korea
Saudi Aramco said it plans to invest in a $7 B project to produce petrochemicals from crude oil at its South Korean affiliate S-Oil Corp's refining complex in the port city of Ulsan.
U.S., Japan and partners mobilize $20 B to move Indonesia away from coal
A coalition of countries will mobilize $20 B of public and private finance to help Indonesia shut coal power plants and bring forward the sector's peak emissions date by seven years to 2030.
ExxonMobil and Pertamina advance regional CCS project in Indonesia
ExxonMobil Low Carbon Solutions is working to bring lower-emission technologies to market, making them accessible to hard-to-decarbonize industries, including its recent agreement with a leading global manufacturer of nitrogen and hydrogen products in Louisiana, United States.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
