Keyword: Oil

News

Iran and South Africa Agree GTL Knowhow Transfer

26.04.2016 - Iran’s Research Institute of Petroleum Industry (RIPI) and South Africa’s national oil company PetroSA have signed an agreement covering production of gas to liquids (GTL) in Iran...

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SABIC, Aramco Mull Refinery JV in Yanbu

13.04.2016 - Saudi Arabian oil and petchems majors Aramco and SABIC are studying the feasibility of joint refinery and integrated downstream petrochemicals production, the news agency Bloomberg...

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Rosneft Beefing up German Refinery Holdings

20.01.2016 - Plans unveiled last year by BP of the UK and Russian oil conglomerate Rosneft to reshuffle their shareholdings in the German refinery sector have now been approved by the boards of...

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BASF-Gazprom Swap Has Cash Component

20.01.2016 - The gas asset swap between BASF oil and gas subsidiary Wintershall and Russian gas giant Gazprom will include a cash component previously undisclosed, according to a report by the...

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Saudi Aramco Confirms IPO is an Option

19.01.2016 - With falling oil prices making resource-rich Middle East countries nervous, some of them are looking for new sources of revenue to finance their burgeoning petrochemical empires...

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NPC Executive Says Iran Petchems to be Expanded

13.11.2015 - Major European chemical manufacturing companies, including BASF, are ready to transfer technology and invest in Iran’s petrochemical industry if the conditions are right, the...

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Shell Declares FM for Base Chemicals at Singapore

19.10.2015 - Shell has declared force majeure (FM) for base chemicals product from its cracker complex at Singapore, due to what it called an “operational upset” on Oct. 15. The incident...

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Wintershall and Gazprom to Expand Nordstream

03.08.2015 - Wintershall, the oil and gas subsidiary BASF, and Russian gas conglomerate Gazprom have signed a Memorandum of Understanding (MOU) to expand capacity of the Nord Stream pipeline...