Petro Chemical

Low domestic demand to hurt Indian PSUs the most: WoodMac

Petro ChemicalApril 01, 2020

Low domestic demand to hurt Indian PSUs the most: WoodMac

Indian PSUs are expected to be hurt the most amid tepid domestic demand, high storage level and lesser access to export markets, especially inland refineries

LyondellBasell delays the PO/TBA project construction

Petro ChemicalApril 01, 2020

LyondellBasell delays the PO/TBA project construction

The company is limiting non-essential activities at this time due to ongoing concerns related to the COVID-19 pandemic

Govt extends BPCL bid deadline to June 13

Petro ChemicalApril 01, 2020

Govt extends BPCL bid deadline to June 13

The government had earlier this month invited expression of interest (EoI), or bids showing interest in buying its stake, by May 2

Tecnimont awarded with new engineering services contracts from petrochemical sector

Petro ChemicalMarch 31, 2020

Tecnimont awarded with new engineering services contracts from petrochemical sector

Company to provide technology-driven engineering services and feasibility studies in the petrochemical sector in Korea, Russian Federation and India.

GEA to supply third evaporator line for Utkal Alumina in India

Petro ChemicalMarch 30, 2020

GEA to supply third evaporator line for Utkal Alumina in India

Utkal Alumina International receives technological support from GEA to expand the capacity of its refinery in the state of Orissa, India

Air Products signs $530 million agreement with PBF Energy

Petro ChemicalMarch 30, 2020

Air Products signs $530 million agreement with PBF Energy

Asset Acquisitions in California and Delaware Add Nearly 300 Million Standard Cubic Feet Per Day of Hydrogen Production Capacity

Equinor's Sverdrup oilfield output to beat expectations

Petro ChemicalMarch 30, 2020

Equinor's Sverdrup oilfield output to beat expectations

Due to higher plant capacity, plateau production will increase from around 440,000 barrels of oil per day to around 470,000 barrels per day

Saudi Arabia assures India of uninterrupted LPG supply

Petro ChemicalMarch 29, 2020

Saudi Arabia assures India of uninterrupted LPG supply

Post force majuere declaration by top Indian refiners, the demand for crude purchases from the Middle East has fallen sharply due to a nationwide lockdown to avoid the spread of coronavirus and the companies inability to liquidate the existing stock

COVID-19 disrupts gas & petchem sales in India

Petro ChemicalMarch 29, 2020

COVID-19 disrupts gas & petchem sales in India

With the closure of distribution channels and truck transportation, GAIL's petchem sales have stopped, which is a blow to the country's gas economy

Indian refiners downsizing production due to force majeure

Petro ChemicalMarch 28, 2020

Indian refiners downsizing production due to force majeure

Due to a sharp decline in local fuel demand, companies are forced to cut crude refining as their storage tanks are full to the brim