U.S. liquefied natural gas (LNG) projects, that in 2022 saw strong interest from buyers abroad willing to lock themselves into long-term contracts, this year face a more reluctant buy side...
Since 2010, petrochemical producers have announced significant capacity expansion in the U.S., and the momentum is not yet over for the plastics sector with additional project announcements revealed.
Pembina Pipeline Corp. is taking a further step to add value to the hydrocarbons it handles as it enters the petrochemical industry with experienced chemical producer Kuwait’s PIC, which in turn sees the project as a way to reduce risk, Pembina’s CEO Mick...
The same proven methodology and best practices used for mega-projects in the billion-dollar range can and should be applied as key learnings to the smaller scale projects closer to the $5-50 million range. Those projects have a greater success rate as well...
The potential Chevron Phillips-Nova acquisition comes as Canada’s petrochemicals industry is rebounding, brought on by cheap natural gas and government incentives which are expected to continue even under the new political leadership.
The U.S. Gulf Coast and the downstream sector will figure prominently in Chevron’s current portfolio and future growth opportunities, Mike Coyle, Chevron’s President of Manufacturing said.
Northeast petrochemical development got another step closer to reality when EPC giant Bechtel announced that Thailand's PTT Global Chemical has awarded it a contract to build an ethane cracker in Belmont County, Ohio, in the heart of the Utica Shale.
The downstream industry is starting its biggest conference at a time of continued worries about the supply chain and logistics, economic growth, trade tensions, technology breakthroughs and project management challenges.
Nearly 10,000 petrochemical, chemical, refining and LNG professionals assembled at the George R. Brown Convention Center in Houston, Texas on Tuesday, and more are expected on Wednesday for the world’s largest ever downstream event, the Downstream 2019...
