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PCIC Europe
Definition: “PCIC Europe” stands for the Petroleum and Chemical Industry Committee in Europe. PCIC Europe was created in 2003 as the regional extension of PCIC North America, the Petroleum and...
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PCIC Europe Agenda ready for Prague Conference in June
The European Petroleum & Chemical Industry Committee (PCIC Europe) has finalized the agenda of the next Conference in Prague on June 19th – 21st. PCIC Europe is the premier European forum for the...
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$4 billion Reliance Jamnagar Refinery Coke gasification: PMS contract awarded
Fluor wins the Project Management Services Contract Reliance Industries Limited (RIL) is converting a part of the fuel production for export into petrochemical added value products. In that purpose,...
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GS Caltex, Showa Shell and Taiyo go for Korean Paraxylene
MoU for 1 million t/y Paraxylene extension in Yeosu Showa Shell Sekiyu K. K. (Showa Shell) from Japan, GS Caltex from South Korea, and Taiyo Oil from Japan signed a Memorandum of Understanding (MoU)...
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Sasol to surf Downstream on the US Shale gas wave
$4 billion Louisiana Ethylene Cracker: On going Feasibility Study The South African energy and chemicals major Sasol’s board of directors has approved a feasibility study for a possible ethylene...
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“GTL”
Definition GTL is the acronym of Gas-To-Liquid and refers to the process to convert gas into liquid fuels such as diesel and fuels components such as very high added value synthetic greases and...
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Advanced and Bayegan sign MoU for $1 billion project in Turkey
Advanced and Bayegan to build a new PDH-PP plant Advanced Petrochemical Company (Advanced), a leading Saudi Arabia based producer of petrochemical products, and Bayegan Group (Bayegan), a Turkish...
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Qatar refuels $400 million into the Mostorod Refinery
The $3.6 billion ERC Refinery to move on again The Mostorod Refinery project had been left on hold for more than one year because of the political context in Egypt while Egyptian Refining Company...
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Giant Exxon Baytown complex to get bigger with new cracker
From Shale gas to Polyolefins ExxonMobil implements its integrated business model The Houston based Exxon Mobil Corp. is considering a multi-billion-dollar expansion of its giant petrochemical complex...
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The $33 billion Kuwait refineries projects on the move again
KNPC to pre-qualify EPCs for CFP and NRP projects Expected on June 13th, the state-owned oil refiner Kuwait National Petroleum Co (KNPC) has decided to postpone to July 4th the dead line for the...
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Basf, Itochu and PTT line up with Petronas on RAPID
$20 billion Petronas RAPID project calls for partners The proposed Petronas Refinery & Petrochemical Integrated Development (RAPID) complex in Pengerang, Johor, Malaysia, is so far the largest...
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Statoil to invest $210 million to enter Australian shale gas
Statoil and PetroFrontier signed deal on Southern Georgina Basin Statoil ASA (Statoil) from Norway and PetroFrontier Corp. (PetroFrontier) from Canada have signed a binding “Farm-in Agreement” to farm...
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ENI increases acreage in Polish and Ukrainian shale gas
After Polish Baltic Basin ENI goes to Ukrainian Dniepr-Donetz and Lviv Basins In 2010, the Italian Major IOC Eni had acquired Minsk Energy Resources to become operator of three licences in the Polish...
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Bapco ready to move on the $6 billion Refinery expansion
Sitra Refinery expansion preliminary studies completed After multiple scenarios for revamping and expansion, the Minister of Energy in Bahrain, Dr. Abdul Hussain bin Ali Mirza, has announced the...
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RIL awards Technip and CB&I for Jamnagar Ethylene and Paraxylene
Reliance to gear up on $11 billion Jamnagar refinery expansion Reliance Industry Ltd (Reliance or RIL) is making major steps in the expansion of its refinery located in Jamnagar, Gujarat, India. With...
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Mild Hydrocracking
Definition Mild Hydrocracking or MHC is referring to the refining process designed to performs a partial hydrocracking only. In the mild hydrocracking only about 20-60% at ~ 50-85 bar of the feedstock...
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Japan chemical industry gears up on bio-plastics
Sojitz, SDK and Toray multiply strategic initiatives While the biggest oil and gas producing countries in Middle-East, Russia and North America are expanding their petrochemical industry downstream...
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Conventional oil and gas
Definition Conventional oil and gas refers to petroleum, or crude oil, and raw natural gas extracted from the ground by conventional means and methods. Comments In practice conventional oil and gas,...
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