More Petrochemicals Refining News

US OLEFINS—SECOND-HALF 2008: Hurricanes, economic turmoil push olefins production lower

Feb 2, 2009 The combination of two hurricanes in the Gulf of Mexico and a decline in global economic activity caused demand and production of olefins in the US to fall sharply in fourth-quarter 2008.

Petrobras to present 5-year strategic plan to investors

Jan 26, 2009 Brazil’s Petroleo Brasilerio SA (Petrobras), pending approval of its board, will present its latest 5-year strategic plan to investors and analysts on Jan. 26, the company said.

Total expands styrene capacity in France

Jan 22, 2009 Total Petrochemicals has begun operations at its upgraded styrene unit in Gonfreville-l'Orcher, near Le Havre, France, making it one of the largest in Europe.

Petrobras to present 5-year strategic plan

Jan 22, 2009 Brazil's Petroleo Brasilerio SA (Petrobras), pending approval of its board, will present its latest 5-year strategic plan to investors and analysts on Jan. 26, the company said.

Pertamina wins loan to expand Balongan refinery

Jan 12, 2009 A consortium of banks has committed to provide Indonesia's Pertamina with $225 million financing, enabling it to build a polypropylene unit at its 125,000 b/d refinery in Balongan, West Java.

A better focus

Jan 12, 2009 It’s sad that the oil industry is still approaching the new government with a focus on producing more barrels per day.

Axens secures petrochemical deal in Kazakhastan

Jan 6, 2009 JSC KazMunaiGaz will use Axens' ParamaX technology for its proposed petrochemical complex, which it will integrate into the 104,500 b/cd Kazakhoil refinery at Atyrau in Kazakhstan.

OPaL lets EPC contract for petrochemical plant

Jan 2, 2009 ONGC Petro addition Ltd. (OPaL), which is planning a major petrochemicals complex in India's special economic zone at Dahej, Gujarat, has awarded a $1.43 billion contract to a consortium of Samsung Engineering Ltd. of Seoul and Linde AG of Germany for the engineering, procurement, construction, and commissioning of a naphtha and gas dual-feed ethylene cracker and associated units at the complex.

Thailand's PTTEP to acquire Coogee Resources

Dec 30, 2008 Thailand's state oil company PTT Exploration & Production (PTTEP) has acquired unlisted oil and gas company Coogee Resources Ltd., Perth, for $248.4 million (Aus.).

NPRA, other groups ask EPA for more ethanol tests

Dec 22, 2008 Fourteen organizations, including the National Petrochemical and Refiners Association, called on Dec. 18 for "unbiased and comprehensive testing" before the US Environmental Protection Agency permits the use of mid-level ethanol blends in engines.

Thermal heavy-oil recovery projects succeed in Egypt, Syria

Dec 22, 2008 To increase oil recovery from existing fields, operators in both Egypt and Syria have started producing heavy oil with thermal enhanced oil recovery processes.

Worldwide refining capacity growth rises again in 2008

Dec 22, 2008 In 2008, growth in crude distillation capacity continued to build on momentum of past years; refiners added more capacity than the past 2 years, according to the latest OGJ Refinery Survey.

Services/Suppliers

Dec 22, 2008

OGJ Newsletter

Dec 22, 2008

MARKET WATCH: Prices fall as markets ignore OPEC

Dec 18, 2008 Energy prices continued to fall Dec. 17, with front-month crude futures dropping 7.3% as traders shrugged off an in-line increase in US oil inventories and a larger-than-expected production cut of 2.2 million b/d by the Organization of Petroleum Exporting Countries.

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