Move to help Aramco create long-term value and develop groundbreaking crude-oil-to-chemicals technologies
L&T Hydrocarbon Engineering (LTHE) has won a significant onshore EPC contract from HPCL-Mittal Energy for setting up 07 (Seven) Cracker Furnaces of 1200 KTPA Dual Feed Cracker Unit (DFCU) at their Bathinda Refinery in Punjab.
The plant is the largest PET facility in Brazil, with capacity of 550,000 tonnes/ annum.
With an estimated project cost at US $44 billion, the refinery will be capable of processing 1.2 million barrels of crude oil per day
The MOUs are a first step in Aramco’s downstream oil and gas subsidiary Motiva Enterprises’s expansion into petrochemicals
The studies will cover evaluation and optimization of alternative process configurations
Acquisition to significantly advance Indorama’s strategy in its necessities business
Brenntag and Raj Petro have entered into a 65:35 JV with the remaining 35% in Raj Petro to be acquired after 5 years during which the company will be run as a JV, with a possible extension of another one to two years
The new complex, with a planned refining capacity of 15 mmpta, will come up in Tuban in East Java, Indonesia, at an investment of US$ 15 billion
Ministry of Petroleum and Natural Gas organises consultative workshop on new National Policy on Biofuels and Pradhan Mantri Ji- Van Yojana
A contingent amount of up to $11.25 million may be paid to Reliance between years 2018 to 2020 based on certain gas price thresholds being achieved
Eyes 60 million tons of Petrochemical production by March 2018 after surpassing the 50 million-ton mark last fiscal
Net sales reported at Rs. 277.38 crores for the six months period ending September 30, 2017
The plant has the capability of being expanded to 1,500 KTA
JG Summit’s petrochemical complex expansion project will be completed by the end of 2020
The move seen as the next step in creating a leading position for customer solutions in films as the acquisition brings 8 production assets in the US, Europe and China, and a global innovation centre in the UK.
The kingdom’s Saudi Vision 2030 presents number of opportunity in the country’s burgeoning chemical sector
Saudi Arabian and Indian companies can jointly unlock enormous new growth opportunities, and boost bilateral trade and relations as part of efforts to achieve long term economic and development goals.
Saudi Aramco marked another significant milestone in its international portfolio expansion with the opening of Aramco Asia India’s new office in New Delhi recently.
Reliance Industries Ltd (RIL) has entered into an agreements to sell its entire stakes in the Marcellus Shale Play in north-eastern and central Pennsylvania.
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