Asia/Pacific
Sinochem may keep bankrupt refineries as auctions draw little interest
Sinochem Group may keep three bankrupt oil refineries located in eastern China after auctions to sell them drew little interest from other companies, sources familiar with the matter said.
Synata Bio’s Sylonto Project awarded $4.5-MM NDRC grant
Synata Bio, a U.S. company delivering turnkey carbon utilization technology to transform onsite waste gases into ethanol, has been awarded a $4.5-MM grant (RMB 32 MM) from China’s National Development and Reform Commission (NDRC) for its Sylonto project.
Lukoil to launch gas chemical complex, gas processing unit in Stavropol in 2029
PJSC Lukoil plans to commission a gas chemical complex (GCC) and a gas processing unit (GPU-2) at its Stavrolen facility, a 100% subsidiary of Lukoil in Budyonnovsk, Stavropol region, by 2029.
COP29: TotalEnergies and Oil India to collaborate on methane emissions detection, measurement
TotalEnergies and Oil India Limited (OIL) have signed a cooperation agreement to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA technology at OIL sites in India.
CB&I ships Viva Energy Modules from its Thailand fabrication facility
CB&I, a wholly owned unrestricted subsidiary of McDermott, has shipped three out of five process assembly unit (PAU) modules for Viva Energy Australia.
Sinopec, Aramco start building $10-B petchem complex in China's Fujian province
Sinopec Corp and Saudi Aramco have started constructing a $10-B refinery and petrochemical complex in southeast China's Fujian province, marking another big investment in the country's recent wave of petrochemicals expansions.
Clariant EnviCat N2O-S catalyst to cut CO2eq by 690,000 tpy at Hengli’s nitric acid plant in China
Clariant announced the successful installation of its EnviCat N2O-S catalyst at Hengli Petrochemical's 300,000-tpy nitric acid plant in Dalian, China. With the successful installation of the catalyst in June 2024, the plant is projected to reduce its N2O emissions by 690,000 tpy of CO2eq.
Russia's Ilsky refinery has asked for gov't help over high rates, modernization
Russia's Ilsky oil refinery has applied for government financial help mainly due to high interest rates and facility modernization, but added there was no risk of it shutting down and that it remained profitable.
China's oil refinery output falls from a year ago for a seventh month
China's refinery throughput in October fell 4.6% from last year, down from year earlier for a seventh month, as plant closures offset the ramp up of a newly started complex and demand from holiday travel.
Neste and PCS to bring renewable solutions to Southeast Asia’s chemicals industry
Neste and Singapore-based essential chemicals company PCS Pte. Ltd. have launched a cooperation for the supply of renewable solutions to Southeast Asia’s chemicals industry.
- Bechtel greenlit for Sabine Pass Liquefaction expansion in Southwest Louisiana (U.S.) 5/29
- Philippines receives rare Iranian crude cargo after wartime disruption 5/29
- Gazprom and Sibur resume talks on possible ethane project to supply additional feedstock to the Kazanorgsintez petrochemicals plant 5/29
- European Commission debates policy shift to protect industry from China 5/29
- Mitsui seeks LNG investments to meet power demand from data centers 5/29
- Kenyan government backs Gulf fuel supply deals after opposition criticism 5/29
