Dow to pioneer Argentina first shale gas pilot project The Dow Chemical Company (Dow) from USA and the Argentina national oil company YPF signed a memorandum of understanding (MOU) to develop shale gas in the giant deposit of the Vaca Muerta in the eastern Province of Neuquen. For Dow, (more…)
Read moreBW Offshore to take operation role in Tamar FLNG On February 19th, 2013, the Norwegian fleet operator BW Offshore (BW) announced to have signed a Memorandum Of Understanding (MOU) with the Dutch company Pangea LNG B.V. (Pangea) regarding Noble Energy (Noble) King floating liquefied natural gas (FLNG) project for the (more…)
Read moreOOC and Takamul to build world-scale storage terminal On January 2013, Oman Oil Company (OOC) and Takamul Investment Company (Takamul), both companies from the Sultanate of Oman, established a joint venture to build one of the world largest oil storage terminal at Raz Markaz in Oman. Called Oman Tank Terminal (more…)
Read moreYPF and Chevron signed MOU in unconventionals YPF SA (YPF) the Argentina’s national oil company and the international oil company Chevron Corporation (Chevron) signed a memorandum of understanding to explore and develop the local unconventional resources in oil and gas. According to the US Energy Information Administration (EIA) Argentina is the (more…)
Read moreTaipei spots Petrochemicals as a strategic sector December 2011 - In an effort to maximize the economic value of petrochemical materials and minimize carbon emission, the Ministry of Economic Affairs (MOEA) of Tawain set up the High Value Petrochemical Industry Promotion Office (PIPO) with the missions to: - Establish R&D centers - Form information (more…)
Read moreIraq and Chevron Phillips signed a Letter of Intent Iraq and Chevron Phillips Chemical Corp, a joint venture of Chevron Corp and ConocoPhillips, signed a letter of intent to perform a project feasibility study of developing a petrochemical plant in the country. The company would examine building a new facility and (more…)
Read moreAdvanced and Bayegan to build a new PDH-PP plant Advanced Petrochemical Company (Advanced), a leading Saudi Arabia based producer of petrochemical products, and Bayegan Group (Bayegan), a Turkish international trading company, engaged in petroleum derivatives, petrochemicals and other commodities, announced the signing of a Memorandum of Understanding (MoU) for the (more…)
Read moreMoU for 1 million t/y Paraxylene extension in Yeosu Showa Shell Sekiyu K. K. (Showa Shell) from Japan, GS Caltex from South Korea, and Taiyo Oil from Japan signed a Memorandum of Understanding (MoU) for new Paraxylene (PX) project at GS Caltex Petrochemical complex in Yeosu, South Korea. In the (more…)
Read moreCamisea gas for the $3.5 billion Peru Southern Project Brazilian and Peruvian Governments have approved the Camisea Southern gas pipeline project, the Integrated Petrochemical Complex planned by Braskem and PetroPeru will get the necessary ethane feedstock. Odebrecht will lead the Brazilian consortium to build the $5 billion capital expenditure Peru’s Southern Andean Gas Pipeline from the Camisea (more…)
Read more$4 billion for first Brunei Refinery & Aromatics complex Zhejiang Hengyi Petrochemicals co.ltd (Zhejiang Hengyi) is the largest polyester fibers manufacturer in China. Founded in 1994 it is a privately owned company. Zhejiang Hengyi is planning to build an integrated refinery and petrochemical complex at Pulau Muara Besar in Brunei Darussalam with the country’s first aromatics (more…)
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