Refining, Petrochemicals, Gas Processing

Amur Gas Chemical Complex Secures $9.1 billion to Push Project Forward

Sibur of Russia announced recently that it has secured $9.1 billion USD in loans for the upcoming Amur Gas Chemical Complex under development in Russia. Sibur is co-owner of the plant with Sinopec of China. International banks will provide $2.6 billion of the $9.1 billion figure, while Russian and Chinese banks will issue the remaining $6.5 billion.

ADNOC and RIL Partner on Ruwais Petrochemical Facility

Abu Dhabi National Oil Company (ADNOC) recently announced that through its investment platform with ADQ named TA’ZIZ, it has signed an agreement with Reliance Industries Limited of India for a new world-scale chlor-alkali, ethylene dichloride and polyvinyl chloride (PVC) production facility at the TA’ZIZ Industrial Zone in Ruwais, Abu Dhabi. Reliance has stated that this facility will require an investment of $2 billion USD.

Oriental Energy Chooses Grace for UNIPOL Polypropylene Technology

W.R. Grace of Maryland recently announced that it has licensed its UNIPOL polypropylene process technology to Oriental Energy of China for an upcoming polypropylene plant. This would be the fourth polypropylene plant in recent years that Oriental Energy has utilized Grace’s proprietary UNIPOL technology for its output.

Borouge 4 plant adds Maire Tecnimont and Technip Energies for EPC duties

The upcoming Borouge 4 project in Ruwais has signed separate engineering, procurement and construction (EPC) contracts with Maire Tecnimont of Italy and Technip Energies of France in early December 2021. The $6.2 billion dollar Borouge 4 expansion phase at the Ruwais polyolefins complex in Ruwais, UAE is currently due to be completed by 2025.

St. Croix Energy Wins Bid for Troubled Limetree Bay Refinery

St. Croix Energy LLP announced that it won the recent auction for the shuttered Limetree Bay refinery in the U.S. Virgin Islands for a reported $20 million. The company hopes to restart operations at the long-troubled refinery.

Come By Chance Refinery to Convert to Biofuel Refining by mid-2022

The long running Come by Chance refinery in Newfoundland will indeed be converting over to biofuel operations by the middle part of next year, according to Cresta Fund Management. This U.S. based private equity firm purchased a majority share of the refinery in mid-2021 for this purpose.

SOCAR Makes FID Push for Petrochemical Plant in Turkey

The State Oil Company of Azerbaijan (SOCAR) is working towards a final decision around the construction of the Mercury petrochemical complex in the Aliaga district of Izmir, Turkey. This expectation comes as many projects that had been postponed due to the COVID-19 pandemic effect are seeing new movement, and this previously delayed project is having new urgency attached to it.

Air Liquide and BASF welcome support from European Innovation Fund for joint CCS project

Air Liquide and BASF are planning to develop the world’s largest cross-border Carbon Capture and Storage (CCS) value chain. The goal is to significantly reduce CO2 emissions at the industrial cluster in the port of Antwerp. The joint project “Kairos@C” has been selected for funding by the European Commission through its Innovation Fund, as one of the seven large-scale projects out of more than 300 applications.

Arbor Renewable Gas Picks Beaumont for Renewable Plant Location

Arbor Renewable Gas of Houston, Texas recently announced that it has decided upon a 53-acre site in Beaumont, Texas to be the location of the company’s initial renewable gasoline plant.

Neste to receive funding from the EU Innovation Fund to develop its Porvoo refinery through green hydrogen production and carbon capture & storage

The EU Innovation Fund has given a positive grant decision of EUR 88 million funding to Neste’s green hydrogen and CO2 capture & storage project, which aims to quickly and efficiently reduce greenhouse gas emissions at the Porvoo refinery in Finland. The project introduces carbon capture and storage (CCS) and electrolysis solutions that allow decarbonisation of production at the refinery. The project is currently in the feasibility phase.

ADNOC and Borealis Partner for $6.2 Billion Borouge 4 Project

Borealis recently announced that it has signed a strategic partnership with the Abu Dhabi National Oil Company (ADNOC) to build what would be the fourth Borouge facility at the Ruwais polyolefin complex.

Triangle Energy Plans Renewable Refinery in Australia

Triangle Energy Limited of Australia announced recently that FEED studies had begun for a proposed 5,000 barrel per day renewable refinery in Western Australia. This refinery would be modular in design and have a flexible feedstock ability.

Alberta’s Northern Petrochemical Corporation Announces $2.5 Billion Petrochemical Project

Northern Petrochemical Corporation (NPC) of Alberta announced on November 10th, 2021, that it plans to build a carbon neutral ammonia and methanol facility in what will be the Greenview Industrial Gateway in northwestern Alberta on 265 acres.

Construction Continues for Dos Bocas Refinery in Mexico

Samsung Engineering recently announced that it has begun shipping modules destined for the upcoming Dos Bocas Refinery project under construction in Tabasco, Mexico. This facility will be Mexico’s first refinery built in the last 40 years.

ExxonMobil Invests in Huizhou Petrochemical Complex

ExxonMobil announced on November 8 that it had indeed made a final investment decision on its multi-billion dollar petrochemical complex now under construction in China’s Dayawan Petrochemical Industrial Park in Huizhou’s Guangdong Province. No specific cost figure was attached at this time.

China to Shutter Teapot Refineries for Upcoming Mega Complex

The Shandong Province of China is expected to close in 10 independent refineries with over 500,000 barrels per day capacity by the end of 2022 in order to clear a path for a new integrated refinery already under construction.

230,000 bpd Refinery in Oman to Start Up in Early 2023

The often-delayed Duqm refinery in southern Oman is now anticipated to begin its operations in the first quarter of 2023, according to the project operator. The 230,000 barrel per day refinery is a 50/50 joint venture between the state owned OQ and Kuwait Petroleum International, known collectively as the Duqm Refinery and Petrochemical Industries Company.

Maire Tecnimont Signs Preliminary Agreement for Rosneft Grassroots VGO

Maire Tecnimont S.p.A. announced this week that it has signed an Agreement of Intent with Rosneft regarding the construction of a grassroots Vacuum Gas Oil (VGO) hydrocracking complex to be placed at the Ryazan refinery site in Ryazan, Russia.

Howden to Supply Compressors for Shell’s Biofuel Project in Rotterdam

Howden of Scotland recently announced that it has agreed to supply compressors for the upcoming Shell owned biofuel facilities under development in the Netherlands. This complex will be at the former Pernis refinery site in Rotterdam and will be one of the largest of its kinds in Europe upon its completion.

Lummus and Clariant to Provide Technology to India’s first PDH Plant

Lummus announced this week that it and its catalyst partner, Clariant Catalysts, have won a major contract award for GAIL of India’s upcoming propane dehydrogenation (PDH) plant in Usar, Maharashtra. This plant is expected to be the first PDH plant in India.

Worley Awarded Services Contract for Ras Tanuras Residue Upgrade

Worley of Australia has been awarded a services contract for a residue upgrade project by Saudi Aramco on October 12, 2021. This residue upgrade project will be placed on the large Ras Tanuras refinery complex grounds.

Dow Plans World’s First Net Zero Ethylene and Derivates Complex

Dow recently announced that is has begun planning the first ever net-zero carbon emissions integrated ethylene cracker and derivatives site in regard to scope 1 and 2 carbon dioxide emissions.

ADNOC Scraps Plans for 400,000 bpd Ruwais Refinery

ADNOC of Abu Dhabi stated this week that it will cease its current plans for a new 400,000 barrels per day refinery in Ruwais, Abu Dhabi. Changes in the economy for the project were cited as the likely reason for this decision.

Oil Demand in India Pushes Refinery Developments

Oil demand in India is expected to push construction of new refining projects in the region, as this demand could more than double to 11 million barrels per day by 2045. With this growth anticipated, new projects have been developing throughout the year to stay on pace to capitalize on this demand.

McDermott Signs on to Cauvery Project in Nagapattinam

McDermott International announced in early October that it had won a key contract for the significant upcoming Cauvery project in Nagapattinam, India. This contract was described by McDermott to be for project management consultancy and EPC management services for the Package 2 portion at the project. No contract value was stated at press time.

Construction Begins for Southern Libya Refinery

The Libya National Oil Company recently announced that the construction process for an upcoming refinery in Southern Libya had officially begun. This project has been on hold for many years until plans were revived in 2017.

Covestro Restarts Planning for World Scale MDI Plant

Covestro of Germany announced in a recent conference that it will resume planning for what it considers to be a world-scale methylene diphenyl diisocyanate (MDI) plant. The company had previously been planning a 500,000 tons per year MDI plant in Baytown, Texas, but it was placed on hold in early 2020.

KNPC’s Clean Fuels Project Begins Operations

Kuwait National Petroleum Co (KNPC) has successfully begun full operations at its ambitious Clean Fuels Project (CFP) in Kuwait. This project was developed over a six-year period at a cost of nearly $16 billion dollars.

INEOS Grangemouth moves forward on to the next phase

INEOS Grangemouth has today announced planned further investment of over £1 billion towards reducing greenhouse gas emissions at its site to net zero by 2045, building on the 37% reduction in net CO2 emissions already delivered since acquiring the site in 2005.

Modular Construction Pays Off for SABIC and ExxonMobil

Saudi Basic Industries Corporation (SABIC) recently announced that its joint venture project with Exxon Mobil known as the Gulf Coast Growth Ventures (GCGV) project near Corpus Christi, Texas has indeed begun its commissioning procedures ahead of an expected startup by the end of the year. The GCGV complex is a significant petrochemical project for the partners with a cost figure of $7.3 billion USD that includes a 1.8 MMtpy ethane cracker, a 1.1 MMtpy mono-ethylene glycol unit, and twin polyethylene units with a combined capacity of 1.3 MMtpy, and its success thus far is partially due to how its construction has been approached.