GlobalData’s latest analysis of the global planned propylene capacity shows that China has...
- China leads in propylene expansion with over 40% of new global capacity in 2022
- Libyan NOC’s halt on Total’s Waha acquisition adds uncertainty to an already-risky deal
- Ten largest upcoming onshore gas projects globally will be produced by Russia
- Petrobangla and Kuwait Petroleum lead global capacity additions
- Spain leads EU with most LNG regasification capacity
China leads in propylene expansion with over 40% of new global capacity in 2022
GlobalData’s latest analysis of the global planned propylene capacity shows that China has the highest planned capacity additions with 8.77 million tonnes per year (mtpa) during 2018 to 2022, followed by the US and Iran with 2.39 mtpa and 2.20 mtpa respectively.
Shell to offload downstream assets in Argentina for $950m
Shell has entered a deal to sell its downstream business in Argentina to Brazilian biofuels producer Raízen for $950m.
Implico’s OpenTAS System Certified for EMCS 2.3
Leading downstream solutions provider Implico is pleased to announce that the company’s OpenTAS terminal management technology has been approved for use with the new Excise Movement and Control System (EMCS) Release 2.3, which is set to become mandatory from November this year.
Libyan NOC’s halt on Total’s Waha acquisition adds uncertainty to an already-risky deal
Total SA’s US$450 million deal to purchase Marathon’s 16.33% interest in the Waha Concessions in Libya could be in doubt.
Echo Energy completes workover of second well in Fracción D asset
Echo Energy has begun processing oil at its Fracción D asset in Argentina following successful completion of the second workover of a three-well campaign.
Emerson Launches Latest DeltaV Digital Control System
Global engineering solutions provider Emerson is pleased to announce the continued expansion of its Plantweb™ digital network via the introduction of the company’s latest cybersecurity-certified control system, DeltaV version 14.
Wood, Cisco and Roue Consultores unveil new oil and gas technology centre in Mexico
Wood Specialist Technical Solutions, Cisco and Roue Consultores have opened a new oil and gas advanced technology centre (ATC) in Naucalpan, Mexico.
Admiral Permian Resources acquires assets in Texas, US
Independent oil and gas company Admiral Permian Resources has completed an acquisition of leasehold interests and related assets from Three Rivers Operating Co III.
Read our magazine
Offshore Technology Focus is the essential reading material for decision-makers in the oil & gas industry, bringing you the latest news and analysis in an exciting, interactive format.