Petrochemical | 18 March 2020
ONGC starts pumping gas from KG block
ONGC is investing USD 5.07 billion in developing the oil and gas discoveries in the block
ONGC is investing USD 5.07 billion in developing the oil and gas discoveries in the block
The Johor state fire and rescue department said the fire and a blast occurred on Sunday night at the diesel hydro treater unit, which was removing sulphur from raw diesel using hydrogen gas
The company has also recently commenced production of 100% BS-VI grade lubricants and speciality fluids
The project was awarded by Indian Oil LNG Private Limited, an IOCL joint venture company
The new plant will be capable of producing 50,000 ton/yr of sustainable and innovative engineered nylon compounds
After completing a 2016 baseline survey of more than 1,000 castor farmers in Gujarat, India, the Pragati project was launched in May 2016 with the goal of enabling sustainable castor crop production
The complex is one of several new large industrial sites that are part of China’s current national economic development plan
The Board of Directors of Supreme Petrochem Limited (SPL) at its meeting held on March 12, 2020 has approved buyback of 2.27 percent share proposal of the company under the Provisions of the Companies Act, 2013 and SEBI (Buy-Back) Regulations, 2018
The Hyderabad factory of GOCL contributes a turnover of about Rs. 7.7 crores per month and the company is working with government authorities on the concerned issues to resume normal operations
Both companies are working with advisers on a proposed sale with their stakes in the Chad project in Cameroon, according to Osaka Matsui Management analysts
These contracts, awarded by some of the most prestigious international clients, have been granted mainly in Europe
The new plant is scheduled to be put on-stream in 2024 and will be completely dedicated to producing renewable fuels from tall oil, tallow, and other renewable feedstocks
Shell has selected Wood as the exclusive partner to implement its Smart Choke technology to optimise upstream oil and gas production industry-wide
The parties have agreed on a purchase price of USD 1 billion for Yara’s shares in QAFCO. The transaction is conditional on obtaining necessary local regulatory approvals and customary closing conditions
MoU has been signed for digital collaboration on developing solutions and methods together through the exchange of expertise within data science, artificial intelligence and 3D printing
INA has awarded Axens a license agreement to supply Futuro cellulosic ethanol technology and contract for basic engineering design of an advanced bioethanol production plant in Sisak, Croatia
In the country's biggest ever privatisation drive, the government has invited bids for sale of its entire 52.98 per cent stake in India's second biggest oil refiner Bharat Petroleum Corp Ltd (BPCL)
The first phase of the new facility is expected to be commissioned by the third quarter of FY21 with an initial capacity of 1.15 lakh tonnes per annum (tpa). It will be further expanded to over three lakh tpa by FY24
With no deal on additional production cuts, the meeting between OPEC and its partnering countries, known as OPEC+, concluded on Friday (local time), reported Xinhua
Under the agreements, the partners will form a Sino-foreign joint venture, the Bora LyondellBasell Petrochemical Co. Ltd, that will operate a 1.1 million metric tons per annum ethylene cracker and associated polyolefin derivatives complex in Panjin, China, with a total expected cost of approximately $2.6 billion
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