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Crude Oil
China's Sinopec Plans Its Biggest Capital Expenditure in History
China Petroleum & Chemical Corp, better known as Sinopec, is planning its highest capital investment in history for 2022 after recording its best profit in a de…
Oil Price
Sinopec's 2021 Profit More Than Doubled on Higher Oil Prices, Sales
China Petroleum & Chemical Corp.'s 2021 net profit more than doubled to its best level in nearly a decade on higher prices and demand for petroleum products.
ClearWELL Enters Geothermal Market
Aberdeen-based ClearWELL have stepped into the geothermal energy market for the first time to answer a growing cross-sector demand for its chemical-free, electr…
Carbon Pricing
Green Hydrogen Needs Industrial Policy Making and Certification
With its ability to decarbonise hard-to-abate sectors like chemicals and steelmaking industries, green hydrogen is expected to be in high demand as countries ar…
Crude Oil
Aramco Takes FID to Build Refinery and Petrochemical Complex in China
Saudi Arabian Oil Company (Aramco) has taken the final investment decision (FID) to develop a refinery and petrochemical complex in China, in partnership with N…
Energy Investment
China Considers Stake Acquisitions in Russian Energy Firms
China is in negotiations with firms including China National Petroleum, and China Petrochemical.
LNG
Japan’s Niihama LNG Terminal Starts Operations
Japanese joint venture Niihama LNG has launched terminal operations, starting with an LNG delivery to Japanese firm Sumitomo Chemical for use as a feedstock and…
Nuclear Power Plant
Chinese Nuclear Steam Supply Project Launched
A project has started at the Tianwan nuclear power plant in China's Jiangsu province to supply steam to a nearby petrochemical plant
Virgin Group and Agilyx Form Strategic Partnership to Produce Lower Carbon Aviation Fuel from Plastic Waste
Virgin Group and chemical conversion technology company Agilyx (earlier post) are forming a strategic partnership to research and develop lower carbon fuel faci…
Ammonia
South Korean, Malaysian Firms Sign H2, Ammonia Deal
South Korean firms Samsung Engineering, Lotte Chemical and Posco today signed an agreement with SEDC Energy, a subsidiary of state-owned Sarawak Economic Develo…
Nigeria
Nigeria Oil Refinery About to Come Online Later This Year
AfDB President Dr Akinwumi Adesina described the Dangote oil refinery and petrochemical plant project in Nigeria as a game-changing initiative that will spur th…
Hydrogen Project
S-OIL Signs MOU on Blue Hydrogen Business with Saudi Aramco
S-OIL has signed four MOUs with Saudi Aramco to strengthen cooperation in alternative energy, including research and development on low-carbon future energy sou…
Nuclear Reactor
TVEL Starts PWR Fuel Fabrication at Novosibirsk
TVEL has launched a new fabrication facility for pressurised water reactor fuel at the Novosibirsk Chemical Concentrates Plant site in Russia.
Crude Oil
India’s Haldia Petrochemicals Plans New Cracker Project
Indian petrochemical producer Haldia Petrochemicals plans to develop a new oil-to-chemicals project at Cuddalore in south India's state of Tamil Nadu.
Crude Oil
China Oil Demand Seen Peaking In 2030
Crude oil demand in China is set to peak in 2030, until then driven by robust petrochemicals demand, research from state oil giant CNPC has suggested.
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