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Petrochemicals

Proman, Mitsubishi sign MoU to develop world-scale ultra low-carbon ammonia plant in Lake Charles, USA

Proman has signed an MoU with Mitsubishi Corporation to explore building a world-scale ultra low-carbon ammonia facility in Lake Charles, Louisiana. The proposed plant...

Santos receives major approval for oil and gas development offshore Western Australia

The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has accepted Santos’ Offshore Project Proposal (OPP) for the Dorado development offshore Western Australia. Dorado...

Shell starts production at Vito in US Gulf of Mexico

Shell Offshore Inc., a subsidiary of Shell plc (Shell), announced that production has started at the Shell-operated Vito floating production facility in the US...

Aramco and TotalEnergies to build petrochemical complex in Saudi Arabia

The Saudi Arabian Oil Company and TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical facility in Saudi...

Central American Development Bank Grants $800mn Loan On Fuel Relief

On June 3, a Central American development bank announced that it had authorised an $800 million credit to protect local countries against global fuel...

Aker BP makes minor oil discovery near the Ula field in the southern North Sea

The well was drilled about 11 kilometres west of the Ula field in the southern North Sea and 275 kilometres southwest of Stavanger. The...

ExxonMobil announces FID for mega China petchem project

U.S. oil and gas major ExxonMobil announced it had made a final investment decision (FID) to build a multi-billion dollar petrochemical complex in south...

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