Keyword: Petrochemicals

News

BP Seeks to Recoup “Windfall” Gulf Spill Payments

01.07.2014 - BP has asked a US judge to direct what it called a "vast number" of businesses to repay hundreds of millions of dollars it says were wrongly awarded as compensation on claims...

News

Repsol Gets Go-ahead to Drill for Oil off Canary Islands

25.06.2014 - Spanish oil major Repsol could begin drilling for oil off the Canary Islands within months after the removal of the last legal hurdle to a $7 billion oil exploration project. In...

News

Pennsylvania Sues 50 Companies Over MTBE Pollution

23.06.2014 - The US state of Pennsylvania is suing 50 oil and petrochemical producers over groundwater pollution caused by leaks and spills of gasoline containing the chemical additive MTBE...

News

Sabic Now Largest Owner of Intellectual Property in Middle East

16.06.2014 - Saudi Arabian petrochemical giant Sabic is now the largest owner of intellectual property in the Middle East with more than 10,000 patents either issued or pending approval. This...

Chemistry & Life Sciences

New Opportunities for Process Chemical Producers

04.06.2014 - Refining and Petrochemicals - The golden age of refining which peaked in the first decade of this century is over. Now oil refining has become a far more complex operation. Since...

News

SABIC and SK Global Chemical partner on PE

30.05.2014 - Saudi Petrochemical giant Sabic and Korean petrochemical producer SK Global Chemical have agreed to establish a $595 million, 50:50 manufacturing joint venture for high-performance...

News

Westlake to Acquire German PVC Producer Vinnolit

29.05.2014 - Private equity investor Advent International has agreed to sell German PVC producer Vinnolit to Houston, Texas-based US petrochemical producer Westlake for €490 million ($668...

News

Technip Awarded New LNG Contract in China

27.05.2014 - French engineering contractor Technip has been tapped to provide engineering, procurement and technical assistance for a liquefied natural gas (LNG) plant being built by Fengzhen...