Post Tagged with: "Petrochemicals"

Source: Reuters

Exclusive: Shell eyes stake in Nayara’s $9 billion Indian petchem project, source says

Reuters


NEW DELHI/MOSCOW  – Oil major Royal Dutch Shell (RDSa.L) plans to buy a 50% stake in Indian-based Nayara Energy’s up to $9 billion planned petrochemical project, a source familiar with the matter said.

Global oil majors are …

Post-COVID Global Oil Demand Series – Part 1: Petrochemicals and Construction Materials

Post-COVID Global Oil Demand Series – Part 1: Petrochemicals and Construction Materials

RarePetro


Oil & Gas 360 Publishers Note: This is part 1 from Kevin Olson at RarePetro on the Petrochemicals. The Post-COVID demand is an interesting topic for almost every market segment. Construction, manufacturing, transportation, air travel, and real estate will

Source: Pembina Pipeline Corporation

Pembina to Acquire Kinder Morgan Canada and Cochin Pipeline for CAD $4.35 Billion

By Tyler Losier, Energy Reporter, Oil & Gas 360

Pembina Pipeline Corporation will purchase Kinder Morgan Canada and U.S. portion of Cochin Pipeline for CAD $4.35 billion
Pembina Pipeline Corporation (stock ticker: PBA), a midstream service provider based out of

Saudi Aramco Valuation Gap Persists as IPO Talks Resume – Sources

Saudi Aramco Valuation Gap Persists as IPO Talks Resume – Sources

From Reuters


Saudi Crown Prince Mohammed Bin Salman is insisting on a $2 trillion valuation of oil firm Aramco, even though some bankers and company insiders say the kingdom should trim its target to around $1.5 trillion, industry and banking …

Source: Ithaca Energy Limited

Exxon Mobil Profit Sinks, Chevron Rises as Both Boost Output

From Reuters


Weaker second-quarter refining and chemicals profits offset surging U.S. shale production at U.S. oil majors Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), the two reported on Friday.

Exxon’s topped analysts’ reduced estimates for the quarter but net …

Old Habits Die Hard: Saudi Arabia Struggles to End Oil Addiction

Old Habits Die Hard: Saudi Arabia Struggles to End Oil Addiction

From Reuters


When Saudi Aramco was on the verge of a deal last year to buy a stake in an Indian oil refinery, its boss quickly boarded a company jet in Paris and flew to New Delhi.

Chief executive Amin …

Source: Chevron Phillips

Chevron Phillips and Qatar Petroleum Team Up Again

By Tyler Losier, Energy Reporter, Oil & Gas 360

New $8 billion project would include 2,000 KTA ethylene cracker
Petrochemical company Chevron Phillips – equally owned by Chevron Corporation and Phillips 66 – has formed another joint venture with Qatar

Source: Saudi Aramco

Saudi Aramco to Collaborate With S-Oil on $6 Billion Steam Cracker

By Tyler Losier, Energy Reporter, Oil & Gas 360

Inauguration of new facilities includes MoU to build new cracker by 2024
Saudi Aramco joined South Korea’s S-Oil this week to inaugurate the latter company’s new petrochemical facilities: the residue upgrading

Source: Qatar Petroleum

Chevron Phillips and Qatar Petroleum Form JV

By Tyler Losier, Energy Reporter, Oil & Gas 360

Chevron Phillips to have 30% stake in new petrochemical plant
Chevron Phillips Chemical Company LLC - equally owned by Chevron Corporation and Phillips 66 - and Qatar Petroleum (QP) have inked

Demand for Skilled Workers in Petrochemicals Expected to Peak in 2016

Demand for Skilled Workers in Petrochemicals Expected to Peak in 2016

Petrochemicals will need in excess of 150 thousand skilled workers by next April

Demand for skilled labor in the U.S. chemicals industry is expected to peak in April 2016, according to Daniel Groves, workforce director at the construction Users Roundtable …

May 29, 2015 - 1:35 pm Downstream, Oil and Gas 360 Articles
Source: theiet.org

Canada Set for Growth in the Petrochemical Industry

Predicted investment growth of 30% set to come in 2015 for Canadian petrochemical industry

The Chemistry Industry Association of Canada (CIAC) predicts a 30% growth of capital investments in 2015, up to $3.4 billion overall, according to a report from

February 27, 2015 - 3:18 pm Canada, Oil and Gas 360 Articles
Dana Gas Iraq Operations

Shell Inks Deal for $11 Billion Petrochemical Plant in Iraq

Plant will make Iraq largest petrochemical producer in the Middle East

Royal Dutch Shell (ticker: RDSA) signed a deal with Iraq on Wednesday for $11 billion to build a petrochemical plant in the southern oil hub of Basra. Shell has …

January 30, 2015 - 2:06 pm International, Oil and Gas 360 Articles