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News // petrochemistry

Karpatneftekhim will be running to full capacity by mid-July

Life is evidently returning to the Ukrainian petrochemicals location of Karpatneftekhim.

23 June 2017 , 10:14Neftegaz.RU1590

South Korea plans to build LNG plants in Iran for energy needs

South Korea will build Mini-LNG plants in Iran.

19 June 2017 , 15:29Neftegaz.RU2290

India to commission world’s largest green field refinery by 2022 at a cost of $40 bln

The 3 heavy-weights of the Indian downstream sector - IOC, HPCL and BPCL signed a Joint Venture agreement to create the world’s largest refinery-cum petrochemicals complex.

15 June 2017 , 16:12Neftegaz.RU2830

The delayed coking unit at TANECO has been put into the commercial operation mode

TANECO has received the conclusion with the requirements of technical regulations of a number of facilities of the oil refining and petrochemical plants complex.

13 June 2017 , 16:10Neftegaz.RU2700

Nigeria says refinery upgrades should cost $1.2 bln

A $1.2 bln spending plan will allow Nigeria the refining upgrades it needs to terminate its dependence on refined oil imports in 2 years’ time.

09 June 2017 , 14:15Zainab CalcuttawalaNeftegaz.RU2460

SOCAR launches new system at Baku oil refinery

SOCAR has put into operation a new water-cooling system at the Baku Oil Refinery named after Heydar Aliyev.

07 June 2017 , 18:00Neftegaz.RU2370

SOCAR to set up 2nd petrochemical plant after Petkim

SOCAR is planning to increase its investments in Turkey.

06 June 2017 , 14:12Neftegaz.RU1870

Lukoil launches GENESIS motor oils in the Middle East

Lukoil launched its flagship synthetic automotive lubricants range in the UAE.

30 May 2017 , 14:13Neftegaz.RU2260

Uzbekistan to increase its refining capacity by 50%

Uzbekistan revealed in late April that it had begun building a new $2.2 bln oil refinery that would produce fuel for sale domestically and abroad. Official news sources stated perfunctorily that oil supply agreements had already been reached with Kazakhstan and Russia, although the finer details still in fact need to be decided.

29 May 2017 , 00:03EurasianetNeftegaz.RU1640

Saudi Aramco and Norinco launch $10 bln major China project

Saudi Aramco, Norinco and Panjin Xincheng, have signed the joint development agreement for the Refining, Petrochemical and Retail Project in China’s Liaoning province.

17 May 2017 , 12:14Neftegaz.RU2010

Gazpromneft-Lubricants to triple the supply of marine lubricants to Rosmorport

Gazpromneft-Lubricants, the Gazprom Neft oil business operator, signed a new 3-year agreement with Rosmorport.

16 May 2017 , 12:11Neftegaz.RU2810

Romanian Petrotel Lukoil refinery ups profit 20 times

The Romanian Petrotel Ploiesti refinery, controlled by Lukoil, posted a net profit of nearly EUR 66.1 million last year.

03 May 2017 , 13:00Neftegaz.RU3040

Persian Gulf Star Refinery comes online

President Rouhani officially inaugurated the 1st phase of Persian Gulf Star Refinery in the southern province of Hormozgan.

02 May 2017 , 16:13Neftegaz.RU2420

SIBUR closes sale of Uralorgsintez

SIBUR has closed the sale of a 100% stake in Uralorgsintez to EKTOS.

18 April 2017 , 12:20Neftegaz.RU3490

Lukoil studies selling Ukhta refinery

Lukoil will discuss later this year the possible sale of its Ukhta refinery.

10 April 2017 , 10:31Neftegaz.RU4340

Tatneft started the production of new products

The company started production of new products at the synthetic oils factory of Tatneft - Nizhnekamskneftekhim.

16 March 2017 , 10:10Neftegaz.RU3880

Hyundai seals contract for €3 bln petro refining project in Iran

Hyundai signed a €3-bln contract with Iran’s Ahdaf Investment Company for construction of the 2nd phase of Kangan Petro Refining Complex.

13 March 2017 , 13:00Neftegaz.RU3620

Trump cheers Exxon plan to invest $20 billion on Gulf Coast refining projects

Exxon Mobil plans to spend $20 billion over 10 years on refineries, chemical and LNG  plants on Gulf refining projects.

07 March 2017 , 10:14Neftegaz.RU5570

Petchem exports from Iran hit $10 bln since last March

Iran has exported 19 mln tons of petrochemical products worth $10 billion.

27 February 2017 , 15:31Neftegaz.RU4300

Kuwait to start up Vietnam refinery in July 2018

Establishing a joint oil refinery in Vietnam by Kuwait Petroleum International will provide further opportunities to market Kuwaiti oil, said KPI´s CEO Bakheet Al-Rashidi.

22 February 2017 , 10:12Neftegaz.RU4820

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