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India
India’s Adani Sets up Petrochemical Subsidiary
Major Indian conglomerate Adani Enterprises has set up a new subsidiary, Adani Petrochemicals, to invest in refineries, petrochemical complexes, specialty chemi…
Electric Vehicle Battery
BASF, Porsche Partner on Battery Development
German chemicals producer BASF and Cellforce Group, a joint venture between Porsche and Custom Cells, have agreed to develop high-performance battery cells for …
Oil Refinery
Iraq Signs Al Faw Refinery Deal with China's CNCEC
Iraq has decided to award a long-awaited contract to build a new 300,000 b/d integrated refining and petrochemicals complex on the southern Al Faw peninsula to …
Crude Oil
PetroVietnam & Kuwait Petroleum International Sign Agreement
Kuwait Petroleum International and PetroVietnam signed a cooperation agreement that aims at re-focusing their refining and petrochemicals strategies.
Nuclear Power Plant
Polish Industrial Firms Team up for Small Reactor Deployment
Polish chemicals group Synthos and petrochemical firm PKN Orlen have agreed to cooperate on micro modular reactors and small modular reactors.
Crude Oil
Libya’s May Oil Revenues up to Record Levels Due to Increased Demand and Prices
The NOC announced yesterday that its net revenues during May 2021 from the sales of crude oil, gas, condensates, oil products and petrochemicals amounted to rec…
Oil Price
New Iran Nuclear Deal May Completely Derail Oil Price Rally
The U.S. has agreed to a tentative removal of key sanctions in the oil, gas, petrochemicals and automotive sectors, plus some of those on Iran’s banking sector…
Energy Investment
RWE and BASF Plan $4.9 billion Wind Power Project
Chemicals giant BASF and German utility RWE on Friday announced a potential 4 billion euro offshore wind power project to cut emissions at Germany’s most energ…
Energy Technology
Crude Oil Catalytic Cracking Technology Realizes the World's First Industrial Application
Recently, the catalytic cracking technology of crude oil independently developed by the Research Institute of Petrochemical Industry is being tested in Yangzhou…
Carbon Emissions
Skies of blue: Recycling Carbon Emissions to Useful Chemicals and Reducing Global Warming
Researchers optimize a novel process for the efficient conversion of carbon emissions into useful chemicals like acetate using microbes
Coal Production
Indonesia to Develop Downstream Coal Sector
Indonesia should reduce coal exports and focus on adding value by boosting the downstream coal sector to help cut raw material imports by domestic industries su…
Oman
This Small Nation Is Building The World’s Next Major Energy Hub
It has long focussed on building a presence in the higher-value petrochemicals industry.
Saudi Arabia
Saudi Aramco Still Aims for $15 Billion Investment in India’s Reliance
Saudi Aramco said it’s still working on a deal to buy a $15 billion stake in Reliance Industries Ltd.’s refining and chemicals business, even as lower oil pri…
Oil & Gas Trade
Iran Moves from Oil to Petrochemicals in Export
Country launches 3 major petrochemical projects worth $1.6B to boost non-oil revenue.
South Africa
SA's Sasol to Sell Escravos Gas-to-Liquids Plant to Chevron
South African petrochemicals giant Sasol said on Wednesday it would sell its indirect interest in the Escravos gas-to-liquids plant in Nigeria to Chevron for an…
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