Chemical

Crude Oil

China's Shenghong Resumes Crude Buying Ahead of Refinery Commissioning

China's private refining complex Shenghong Petrochemical has resumed crude oil purchases ahead of the commissioning of its new refinery, sources with knowledge …

Net Zero Emission

Bp Signs Offtake Agreement for Circular Naphtha

Bp has signed an offtake agreement with Clean Planet Energy, a company developing ecoPlant facilities that convert hard-to-recycle waste plastics into circular …

Hydrogen Production

bp Supports Circular Plastics Chain with Clean Planet Energy

bp signs 10-year offtake deal with Clean Planet Energy which aims to convert hard-to-recycle waste plastics into circular petrochemical feedstocks.

Offshore Wind Power

Vattenfall and BASF Team up for Dutch Offshore Wind Bid

Swedish energy player Vattenfall has partnered with German chemicals giant BASF to bid in the zero-subsidy tender for the Hollandse Kust West zone in the Dutch …

Carbon Neutral

Researchers Develop Reactor That Refines Waste Carbon into Chemicals While Generating Hydrogen

A team at Pacific Northwest National Laboratory has developed an innovative flow cell reactor capable of refining waste carbon into valuable chemicals, while si…

Crude Oil

China's Sinopec Plans Its Biggest Capital Expenditure in History

China Petroleum & Chemical Corp, better known as Sinopec, is planning its highest capital investment in history for 2022 after recording its best profit in a de…

Oil Price

Sinopec's 2021 Profit More Than Doubled on Higher Oil Prices, Sales

China Petroleum & Chemical Corp.'s 2021 net profit more than doubled to its best level in nearly a decade on higher prices and demand for petroleum products.

ClearWELL Enters Geothermal Market

Aberdeen-based ClearWELL have stepped into the geothermal energy market for the first time to answer a growing cross-sector demand for its chemical-free, electr…

Carbon Pricing

Green Hydrogen Needs Industrial Policy Making and Certification

With its ability to decarbonise hard-to-abate sectors like chemicals and steelmaking industries, green hydrogen is expected to be in high demand as countries ar…

Crude Oil

Aramco Takes FID to Build Refinery and Petrochemical Complex in China

Saudi Arabian Oil Company (Aramco) has taken the final investment decision (FID) to develop a refinery and petrochemical complex in China, in partnership with N…

Energy Investment

China Considers Stake Acquisitions in Russian Energy Firms

China is in negotiations with firms including China National Petroleum, and China Petrochemical.

LNG

Japan’s Niihama LNG Terminal Starts Operations

Japanese joint venture Niihama LNG has launched terminal operations, starting with an LNG delivery to Japanese firm Sumitomo Chemical for use as a feedstock and…

Nuclear Power Plant

Chinese Nuclear Steam Supply Project Launched

A project has started at the Tianwan nuclear power plant in China's Jiangsu province to supply steam to a nearby petrochemical plant

Virgin Group and Agilyx Form Strategic Partnership to Produce Lower Carbon Aviation Fuel from Plastic Waste

Virgin Group and chemical conversion technology company Agilyx (earlier post) are forming a strategic partnership to research and develop lower carbon fuel faci…

Ammonia

South Korean, Malaysian Firms Sign H2, Ammonia Deal

South Korean firms Samsung Engineering, Lotte Chemical and Posco today signed an agreement with SEDC Energy, a subsidiary of state-owned Sarawak Economic Develo…