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  • Saudi Aramco has signed a non-binding letter of intent (LOI) regarding the proposed acquisition of a 20% stake in Reliance Industries’ (RIL) Oil to Chemicals (O2C) division, which is responsible for the company’s refining, petrochemicals and fuels marketing businesses. The deal has been valued at $7...

    • Availability: Online
    • Record type: News Item

  • The Abu Dhabi National Oil Company (ADNOC) is taking a 10% stake in global storage terminal owner and operator VTTI. IFM Global Infrastructure Fund and Vitol hold the remaining interest (45% each) in the independent storage company, which owns 15 hydrocarbon storage terminals across 14 different cou...

    • Availability: Online
    • Record type: News Item

  • North American and European petroleum and petrochemical terminal owners are being kept on their toes by rapid changes in international product flows, writes Peter Mackay. 

    • Availability: In the library|Online
    • Record type: Article

  • Total has started production at the La Mède biorefinery complex in south-eastern France, with the first batches of biofuel coming off the line.The converted former oil refinery now encompasses a biorefinery with a capacity of 500,000 t/y of biofuel; an 8 MW solar farm; a unit to produce 50,000 ...

    • Availability: Online
    • Record type: News Item

  • New distributed energy systems (DES) are set to be one of the most disruptive trends in the energy industry. Roberto Labastido, Senior Research Analyst at Navigant Research, analyses some of the key implications. 

    • Availability: In the library|Online
    • Record type: Article

  • As of 1 January 2019, US operable atmospheric crude oil distillation capacity was a record-high 18.8mn barrels per calendar day (b/cd*), an increase of 1.1% since the beginning of 2018, according to EIA’s annual Refinery Capacity Report. The previous high of 18.6mn b/cd was set at the beginning of 1...

    • Availability: Online
    • Record type: News Item

  • The UK’s largest carbon capture project to date, removing 40,000 tonnes of carbon dioxide (CO2) from the atmosphere each year, could be up and running by 2021 thanks to government backing. A total of nine companies have secured £26mn of government funding, in addition to industry backing, ...

    • Availability: Online
    • Record type: News Item

  • Saudi Aramco and S-Oil have signed a memorandum of understanding (MoU) to collaborate on a $6bn steam cracker and olefin downstream project in Ulsan, South Korea, which is expected to be completed by 2024. The agreement includes the use of Saudi Aramco’s thermal crude-to-chemicals (TCTC) technology....

    • Availability: Online
    • Record type: News Item

  • Qatar Petroleum (70%) and Chevron Phillips Chemical Company (30%) have unveiled plans to build an ethane cracker with a nameplate capacity of 1.9mn t/y, making it the largest ethane cracker in the Middle East and one of the largest in the world. It will also include two high-density polyethylene der...

    • Availability: Online
    • Record type: News Item

  • Indonesia’s Trans Asia Resources is planning to acquire the 6.4mn t/y Fergana oil refinery, the largest oil refinery in Uzbekistan.The Uzbekistan government approved the privatisation of the oil refinery in April 2019 as part of its plan to open up the economy to foreign investors.

    • Availability: Online
    • Record type: News Item

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