06.04.2010
- State oil giant Saudi Aramco and U.S. firm Dow Chemical have decided to relocate their planned giant petrochemical complex to Jubail, industry sources said on Thursday. The $20...
06.04.2010
- Saudi Basic Industries (Sabic) said it started on April 1 commercial production at a 2.8 million ton expansion of a petrochemical joint-venture with Japanese partners including...
08.03.2010
- India's Reliance Industries has leased about 1.2 million barrels of clean storage at the Borco Terminal in Bahamas as it seeks to increase its presence in the U.S., trade sources...
24.02.2010
- Many European oil and chemical firms have been looking to sell domestic refineries since last year as demand for fuels and petrochemical products has fallen more sharply in Europe...
11.02.2010
- Braskem said it has no immediate plans affecting Sunoco's largest plant, located in La Porte, TX, the Houston Business Journal has reported. The Brazilian petrochemical company...
04.02.2010
- Braskem has signed an agreement with Sunoco, an U.S.-based oil company, for the acquisition by Braskem of the polypropylene (PP) business of Sunoco Chemicals. Sunoco will receive...
01.02.2010
- Royal Dutch Shell said it has agreed to sell its stake in three onshore oil licenses in Nigeria to a consortium consisting of two local firms and France's Maurel & Prom. The sale...
11.12.2009
- South Korea's LG Chem and state-owned China National Offshore Oil Corporation (CNOOC) will invest a total of $370 million to build a petrochemical plant in China by 2011, LG Chem...