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Project Management

Chevron unlikely to invest more in Venezuela in short term, says CEO

Chevron Corp is unlikely to add investment in Venezuela in the next six months despite a recent U.S. license to allow it to expand its operations in the South American country, Chief Executive Michael Wirth said.

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.

Sponsored Content: Helping to prevent CUI In Hydrocarbon Processing – An Engineer’s Perspective

Insulation systems in hydrocarbon processing facilities are integral to the effective thermal performance of process pipes and vessels. While insulation plays an important role in process control, energy efficiency, noise reduction and passive fire production, it is important to consider how an insulating system stands up to a persistent threat in hydrocarbon processing facilities – corrosion under insulation.

Business Trends: Quality in construction: Taking a holistic approach

Graycor: Anderton, S.  |  Gallagher, B.

When it comes to quality in construction projects, it is easy to focus only on materials and installation—it makes sense that high-quality components lead to a high-quality end product.

PKN ORLEN completes three transactions in Poland with Aramco

PKN ORLEN has finalized three transactions with Aramco involving refining, wholesale and plane fuel businesses, following PKN ORLEN’s merger with Grupa LOTOS.

Survey finds strong support for CCUS across the hydrocarbon processing sector

A survey conducted by Gulf Energy Information has revealed that 84% of 145 respondents in the hydrocarbon industry expect carbon capture, utilization and storage (CCUS) will be a mainstay of their industry.

Maire Tecnimont wins €80 MM EPCM refining contract in Greece

Maire Tecnimont announced that its subsidiary KT – Kinetics Technology has been awarded an EPCM contract by Motor Oil Hellas for a new C3 splitter unit to be implemented inside the Corinth Refinery.

Online Feature: Highlights of API 685 3rd Edition, Sealless Pumps—Part 1

This article—Part 1—describes the process of updating the document and cites the participating companies contributing to this work, along with addressing the significant changes that are of interest to the reader in understanding revisions from the previous API editions. Included are the influences and reasons behind each of these changes. Insight into subject matter for future updates to API 685 is addressed at the end.

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.

Poland's PKN Orlen applied for 3 MMt of Russian oil via Druzhba for 2023

Polish oil refiner PKN Orlen has submitted an application to the Russian oil pipeline monopoly Transneft for the supply of 3 MMt of oil to Poland through the Druzhba pipeline system in 2023 under continuing long-term contracts.