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BPCL Kochi refinery : $830m propylene derivative petrochemical complex inaugurated by PM Modi

BPCL Kochi refinery : $830m propylene derivative petrochemical complex inaugurated by PM Modi

Narendra Modi, the Prime Minister of India, has inaugurated an INR 60 billion ($830 million) propylene derivative petrochemical complex at the BPCL Kochi refinery in Kerala. The propylene derivative petrochemical complex will produce niche petrochemicals such as acrylic acid, oxo-alcohol, and acrylates, that have been traditionally imported in India. As a result, the Modi government […]

lndianOil to build $400m oil refinery in Nagapattinam, Tamil Nadu

lndianOil to build $400m oil refinery in Nagapattinam, Tamil Nadu

Indian Oil Corporation Limited (lndianOil) said that its board has sanctioned the construction of an INR29.3 billion ($400 million) oil refinery at Cauvery Basin, Nagapattinam in Tamil Nadu with a capacity of 9 MMTPA. The oil refinery project will be taken up by IndianOil’s subsidiary – Chennai Petroleum Corporation Limited (CPCL). The CPCL refinery is […]

LyondellBasell, Sinopec sign deal to create Chinese JV for PO and SM

LyondellBasell, Sinopec sign deal to create Chinese JV for PO and SM

Dutch chemicals company LyondellBasell has signed an agreement to create a 50:50 joint venture (JV) with the China Petroleum & Chemical Corporation (Sinopec) for producing propylene oxide (PO) and styrene monomer (SM) in the Chinese domestic market. First announced in December 2019, the joint venture will operate as Ningbo ZRCC LyondellBasell New Material Company. It […]

AG&P Pratham opens natural gas mother station in Ramanathapuram, TN

AG&P Pratham opens natural gas mother station in Ramanathapuram, TN

AG&P Pratham, a subsidiary of Singapore-based downstream LNG and gas logistics company AG&P Group, has opened a natural gas mother station in Ramanathapuram, Tamil Nadu. The new natural gas mother station, which is branded under AG&P Pratham, is located at the Valantharavi village. It will directly get natural gas from the nearby gas treatment facility […]

Troitsk compressor station construction completed by RN-Krasnodarneftegaz

Troitsk compressor station construction completed by RN-Krasnodarneftegaz

Rosneft Oil Company’s subsidiary RN-Krasnodarneftegaz has wrapped up the construction of the Troitsk compressor station at the Anastasievsko-Troitskaya group of fields in Russia. The annual gas capacity of Troitsk compressor station is expected to be 300 million cubic metres. According to Rosneft, the new compressor station will get associated petroleum gas and low-pressure gas lift […]

Assiut oil refinery in Egypt : TechnipFMC set to begin EPC work on new hydrocracking complex

Assiut oil refinery in Egypt : TechnipFMC set to begin EPC work on new hydrocracking complex

TechnipFMC has completed the remaining conditions needed to begin work on the engineering, procurement, and construction (EPC) contract for the construction of a new hydrocracking complex for the Assiut oil refinery in Egypt. The more than $1 billion contract was awarded by Assiut National Oil Processing Company (ANOPC). Under the contract, TechnipFMC will provide EPC […]

Neste to close Naantali refinery in Finland, leaving 370 jobs at risk

Neste to close Naantali refinery in Finland, leaving 370 jobs at risk

Neste has decided to close its Naantali refinery in Finland by the end of March 2021 and also renew the operating model of its oil products business, leaving nearly 370 jobs at risk. In September 2020, the Finnish oil refining and marketing company revealed plans to restructure its refining activities in Porvoo and Naantali for […]

Saudi Aramco awards contracts for oil and gas brownfield projects

Saudi Aramco awards contracts for oil and gas brownfield projects

Saudi Aramco has awarded contracts pertaining to its oil and gas brownfield and plant upgrade projects to eight companies. The long-term agreements (LTAs) with the companies are for a base period of six years, which can be extendable for six more years. The companies, which won the contracts are a consortium of Nasser Saeed Al-Hajri […]

ADNOC LNG signs LNG supply deals with Vitol and Total

ADNOC LNG signs LNG supply deals with Vitol and Total

ADNOC LNG, a subsidiary of ADNOC, and energy trader Vitol have signed a six-year supply agreement for the sale of 1.8 million tons per annum (mtpa) of post-2022 LNG volumes. The Abu Dhabi-based ADNOC LNG also signed a two-year supply agreement with French oil and gas giant Total for 0.75 mtpa of 2021 and 2022 […]

McDermott engaged for next phase of ethane cracking project in Russia

McDermott engaged for next phase of ethane cracking project in Russia

McDermott International has been awarded the next phase of an ethane cracking project in Russia from China National Chemical Engineering & Construction Corporation Seven (CC7). Last year, McDermott won a contract for the extended basic engineering on the petrochemical project. The same has been now expanded to cover the provision of the engineering and procurement […]

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