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News // petrochemistry

Hyundai seals contract for €3 bln petro refining project in Iran

Hyundai signed a €3-bln contract with Iran’s Ahdaf Investment Company for construction of the 2nd phase of Kangan Petro Refining Complex.

13 March 2017 , 13:00Neftegaz.RU8550

Trump cheers Exxon plan to invest $20 billion on Gulf Coast refining projects

Exxon Mobil plans to spend $20 billion over 10 years on refineries, chemical and LNG  plants on Gulf refining projects.

07 March 2017 , 10:14Neftegaz.RU10730

Petchem exports from Iran hit $10 bln since last March

Iran has exported 19 mln tons of petrochemical products worth $10 billion.

27 February 2017 , 15:31Neftegaz.RU8170

Kuwait to start up Vietnam refinery in July 2018

Establishing a joint oil refinery in Vietnam by Kuwait Petroleum International will provide further opportunities to market Kuwaiti oil, said KPI´s CEO Bakheet Al-Rashidi.

22 February 2017 , 10:12Neftegaz.RU10320

Gazprom Neft Omsk refinery showed a proportional increase in production of light petroleum products

2016 shows the Gazprom Neft Omsk Refinery processed a total 20.5 million tonnes of crude oil, maintaining its leading position in the Russian refining industry.

10 February 2017 , 18:00Neftegaz.RU11750

Turkmen gas-to-liquids project advance

In Turkmenistan, it's been reported that the 2nd stage of the construction project where gasoline will be produced from natural gas will now also include the production of gasoline A-95.

06 February 2017 , 15:56Neftegaz.RU18850

Reliance–Sibur plans to build South Asia´s 1st halogenated butyl rubber unit in Jamnagar

Reliance Sibur Elastomers Private Limited announced plans for setting up South Asia’s 1st halogenated butyl rubber unit at RIL’s integrated petrochemical site in India.

19 January 2017 , 16:08Neftegaz.RU10990

The naphtha hydrotreatment installation start-up and commissioning works are underway at TANECO

They started start-up and commissioning works at the naphtha hydrotreating installation of the TANECO Complex started. The forecast duration of the program is expected to take 60 days.

17 January 2017 , 18:00Neftegaz.RU10640

Iran Petchem industry in need of $55 bln investment in 10 years

Iran says it will need at least 55 billion dollars in investment in its petrochemical sector to bring its annual output to 150 million tons from the current 60 mt/y production capacity within the next 10 years.

13 January 2017 , 18:00Neftegaz.RU10630

Russia approves acquisition of a 10% stake in Sibur by the Chinese Silk Road Fund

The Government Commission on Foreign Investment approved acquisition of a 10% stake in Sibur by the Chinese Silk Road Fund subsidiary.

12 January 2017 , 12:17Neftegaz.RU12680

Praxair starts up 4th air separation plant at Samsung Electronics in South Korea

Praxair announced the start-up of its 4th air separation plant, a 1,400 ton per day unit, and upgrade of the pipeline system serving the Samsung Electronics in Gyeonggi Province, South Korea.

10 January 2017 , 10:01Neftegaz.RU7740

Technip to complete Azerbaijan´s SOCAR GPC designing in 2017

France’s Technip plans to complete work on design engineering as part of the construction of oil and gas processing and petrochemical complex (GPC) in Azerbaijan in the 2nd half of 2017.

06 January 2017 , 12:07Nigar AbbasovaNeftegaz.RU29070

President of Tatarstan paid a working visit to TANECO

Tatarstan President Rustam Minnikhanov held a meeting in Nizhnekamsk regarding the TANECO project the implementation on December 24.

26 December 2016 , 17:18Neftegaz.RU11960

10% stake in russian SIBUR to be sold to China’s Silk Road Fund

The shareholders of SIBUR and representatives of the Silk Road Fund, a Chinese investment fund, have signed the final documents in a deal that makes the Fund a 10% shareholder of SIBUR.

15 December 2016 , 14:15Neftegaz.RU9890

India’s $5.5 bln investment in Iran will raise refinery capacity

A $5.5 bln investment by the Indian Oil Corporation will raise the capacity of the firm’s smallest refinery co-owned by Iran to 300,000 barrels per day, according to IOC chairman B. Ashok.

24 November 2016 , 14:34Zainab CalcuttawalaNeftegaz.RU9080

Lukoil obtains ISO 14001 certification at lubricant plants

Lukoil Lubricants Company announced that all Lukoil lubricant plants have obtained ISO 14001 Environmental management systems and OHSAS 18001 international occupational health and safety management system certifications.

01 November 2016 , 14:16Neftegaz.RU13070

SIBUR delivers and installs large-size equipment at ZapSibNeftekhim

23 units of large-size equipment have been installed for the steam cracker at ZapSibNeftekhim, a production facility currently under construction.

27 October 2016 , 16:17Neftegaz.RU11700

CEO of Lukoil Vagit Alekperov meets with Federal Chancellor of Austria

Federal Chancellor of Austria Christian Kern in Vienna received President of Lukoil Vagit Alekperov.

14 October 2016 , 16:12Neftegaz.RU10490

SIBUR chooses a licensor of its maleic anhydride production in Tobolsk

SIBUR has signed an agreement with Conser, an Italian engineering company, to acquire a licence for maleic anhydride (MAN) production technology for its Tobolsk facility.

13 October 2016 , 16:02Neftegaz.RU12380

SIBUR upgrades and expands polymer production at its Tomsk site

SIBUR’s Tomsk-based facility has upgraded and ramped up its polymer production.

16 September 2016 , 16:17Neftegaz.RU9190