<img itemprop="image" src="https://cdnalfauploads.aa.com.tr/uploads/enerjiterminali/Contents/2019/03/07/thumbs_m_c_be5b7138d8c17dcea9df3055341858f6.jpg?v=101455" width="265" height="160" alt="US crude stocks supersede market forecast w/e March 1" class="img-responsive" /> US crude stocks supersede market forecast w/e March 1 - Crude inventories jump 7.1 million barrels against market estimation of 1.2 million barrels 07.03.2019 Refining/Petro Chemistry , Americas
<img itemprop="image" src="https://cdnalfauploads.aa.com.tr/uploads/enerjiterminali/Contents/2019/03/04/thumbs_m_c_60046d345f8f3233386b4c8499a5358f.jpg?v=165832" width="265" height="160" alt="Shell joins consortium for waste-to-chemicals facility" class="img-responsive" /> Shell joins consortium for waste-to-chemicals facility - Facility will be first in Europe to make chemicals and biofuels out of non-recyclable waste materials 05.03.2019 Refining/Petro Chemistry , Projects , Europe
<img itemprop="image" src="https://cdnalfauploads.aa.com.tr/uploads/enerjiterminali/Contents/2019/03/04/thumbs_m_c_5cce37a9495402b7c97ddf93893150e4.jpg?v=123804" width="265" height="160" alt="ExxonMobil to enlarge Louisiana facility's production" class="img-responsive" /> ExxonMobil to enlarge Louisiana facility's production - Expansion is part of $20 billion investment to build manufacturing facilities in US' Gulf region 04.03.2019 Refining/Petro Chemistry , Investments , Americas
<img itemprop="image" src="https://cdnalfauploads.aa.com.tr/uploads/enerjiterminali/Contents/2019/02/28/thumbs_m_c_0d1fc593efa0e4f42814ef2cf86ae6fa.jpg?v=111610" width="265" height="160" alt="INEOS announces £1B investment in three UK projects " class="img-responsive" /> INEOS announces £1B investment in three UK projects - British petrochemicals giant to invest £500M in Forties Pipeline, prolonging North Sea’s main oil and gas artery into 2040s 28.02.2019 Refining/Petro Chemistry , Companies , Europe , General
<img itemprop="image" src="https://cdnalfauploads.aa.com.tr/uploads/enerjiterminali/Contents/2019/02/28/thumbs_m_c_f5645b6d8e4c71167ab6ebb94c1c95b9.jpg?v=100627" width="265" height="160" alt="US crude production hits new record high w/e Feb. 22" class="img-responsive" /> US crude production hits new record high w/e Feb. 22 - World's largest crude producer sees output of 12.1 million barrels a day 28.02.2019 Refining/Petro Chemistry , Americas
Oil down as investors await US, China trade talks - Trade deal between world's two largest economies could provide positive sentiment for global economy and oil demand 27.02.2019 Refining/Petro Chemistry , International Relations , Asia , Americas
Saudi Aramco to buy 9 pct stake in Chinese refinery - Saudi energy giant seeks to expand its downstream presence in eastern Zhejiang province 25.02.2019 Refining/Petro Chemistry , Companies , Asia , General
Saudi Aramco to co-build $10B refinery in China - Partnership with NORINCO and Panjin Sincen will be largest Sino-foreign joint venture 23.02.2019 Refining/Petro Chemistry , Companies , Asia , General
ADNOC gives Wood Group design deal for UAE mega refinery - Contract marks second step in building world’s largest integrated refining and petrochemicals complex in Ruwais 23.02.2019 Refining/Petro Chemistry , Companies , Middle East-Africa , General
Norway's petroleum sales decrease in January - Country's total sales volume of petroleum products for January drops by 9 percent year-on-year to 602 million liters 20.02.2019 Refining/Petro Chemistry , Europe , General
Pakistan, Saudi Arabia ink $20B investment deals - Saudi Arabia to establish oil refinery with a cost of $10 billion in strategic southwestern Gwadar port 19.02.2019 Oil , Refining/Petro Chemistry , Asia , Middle East-Africa
US crude stocks rise, production remains at record high - Crude oil inventories increase by 1.3 million barrels last week 07.02.2019 Refining/Petro Chemistry , Americas
ExxonMobil to form 3 upstream firms for business revamp - Reorganization will strengthen upstream business and integrate it with downstream and chemical segments 02.02.2019 Refining/Petro Chemistry , Energy Projects , Americas
Chevron agrees to buy Texas refinery for $350 million - Refinery can process 110,000 barrels a day of light crude and has storage capacity of 5.1 million barrels of oil products 01.02.2019 Refining/Petro Chemistry , Investments , Americas
Daelim to build S. Arabia's first polyisobutylene plant - New 80,000-ton PIB plant is expected to come on stream in 2024 02.02.2019 Refining/Petro Chemistry , Companies , Middle East-Africa
ExxonMobil to begin major refinery expansion in Texas - New unit to increase crude refining capacity by more than 65 percent, or 250,000 barrels per day 31.01.2019 Refining/Petro Chemistry , Investments , Americas
US crude stocks rise, production falls slightly - Crude oil inventories see rise of 900,000 barrels last week 31.01.2019 Refining/Petro Chemistry , Americas
US trying to tip balance in Venezuela via oil sanctions - Washington's move will likely 'lead to a large loss of export earnings in the next few months,' expert says 31.01.2019 Refining/Petro Chemistry , Projects , International Relations , Americas
Saudi Aramco to advance crude to chemicals technology - Energy giant signs development and collaboration deal with TechnipFMC and Axens 30.01.2019 Refining/Petro Chemistry , Companies , Middle East-Africa , General
OMV acquires 15% share in ADNOC Refining - OMV acquires 15% share in ADNOC Refining and 15% share in a to-be-established trading joint venture 28.01.2019 Refining/Petro Chemistry , Europe , Middle East-Africa , General
Eni to buy 20 pct equity interest in ADNOC Refining - Agreed terms of deal include cash price of approximately $3.3 billion after deduction of net debt 29.01.2019 Refining/Petro Chemistry , Companies , Middle East-Africa
US crude inventories rise, production declines slightly - Crude oil inventories rise by 8 million barrels last week 26.01.2019 Refining/Petro Chemistry , Americas
ExxonMobil, REG focus on cellulosic biofuel potential - ExxonMobil and Renewable Energy Group partner with Clariant to advance cellulosic biofuel research, company announces 25.01.2019 Refining/Petro Chemistry , Geothermal/Biomass , Renewable , Americas , General
China’s crude oil refinery output up 6.8 pct in 2018 - Chinese refiners processed record 603.57 million tonnes of crude oil last year amid increased demand 22.01.2019 Natural Gas , Refining/Petro Chemistry , Asia , General
US crude stocks fall, but production sees slight rise - Crude oil stocks in US fell by 1.7 million barrels last week 10.01.2019 Refining/Petro Chemistry , Americas
Pakistan, S. Arabia to ink oil refinery deal next month - Finance minister says agreement to be signed during Saudi Crown Prince bin Salman's proposed visit to Islamabad 10.01.2019 Refining/Petro Chemistry , Asia
BP to expand its petrochemical presence in South Korea - Company announces deal to expand production at joint venture with Lotte in Ulsan 10.01.2019 Refining/Petro Chemistry , Companies , Asia
Shell starts production at new petrochem unit in US - Completion of expansion project makes Geismar chemicals manufacturing site world's largest producer of alpha olefins, Shell says 09.01.2019 Refining/Petro Chemistry , Companies , Americas
Iran petrochem. capacity to reach 100 mln. tons by 2025 - In 2018, petrochemical exports generated $12 billion in revenue, Iranian official says 05.01.2019 Refining/Petro Chemistry , Middle East-Africa
China tops US as biggest crude oil importer in 2017 - Fall in domestic production, growth in consumption, and higher refinery runs are some reasons behind rise in crude imports 03.01.2019 Refining/Petro Chemistry , Asia
Saudi Aramco becomes full owner of Arlanxeo - Company completes acquisition of remaining 50 percent stake in Arlanxeo joint venture from Lanxess 02.01.2019 Finance , Refining/Petro Chemistry , Companies , Europe
STAR Refinery to market initial products in January - Facility will help decrease Turkey's current account deficit by $1.5 billion per year 28.12.2018 Refining/Petro Chemistry , Investments
US crude oil stocks, production decline for w/e Dec. 7 - Country's crude production retreats 108,000 bpd from record high level to 11.6 million bpd 13.12.2018 Refining/Petro Chemistry , Americas
Libya declares force majeure on its biggest oil field - Total cost of shutdown to Libyan economy is $32.5 million per day 11.12.2018 Refining/Petro Chemistry , Energy Security , Middle East-Africa
Total JV starts production at Thai bioplastics plant - Joint venture between Total and Corbion to produce 75,000 tons of PLA (polylactic acid) bioplastics per year 04.12.2018 Refining/Petro Chemistry , Companies , Asia
Total invests in new polypropylene plant in S. Korea - Hanwha Total will invest nearly $500 million to further expand its Daesan integrated refining and petrochemical complex 04.12.2018 Refining/Petro Chemistry , Asia , General
US crude stocks rise, production remains at record high - Output is steady at 11.7 million barrels per day 30.11.2018 Refining/Petro Chemistry , Americas
Oct & Nov US high gasoline stocks curb refining margins - Refining margins in country hit lowest level in five years this October and November 30.11.2018 Refining/Petro Chemistry , Americas
Saudi Aramco to invest over $100B in petrochemicals - Company seeking to bring its downstream business to same prominence as its upstream, says CEO Amin H. Nasser 27.11.2018 Refining/Petro Chemistry , Companies , Middle East-Africa
US crude stocks reach highest level since December 2017 - U.S. commercial crude oil stocks rose by 4.9 million barrels, or 1.1%, to 446.9 million barrels for week ending Nov. 16 30.11.2018 Refining/Petro Chemistry , Americas
OPEC crude output rises in October - In October, global oil production remains steady at 100.7 mb/d while OPEC crude output rises 200 thousand b/d to 32.99 mb/d 15.11.2018 Oil , Finance , Downstream , Refining/Petro Chemistry , Europe , Americas , Middle East-Africa , General
S. Arabia's Yanbu chosen for crude to chemicals complex - Saudi Arabia, SABIC pick Red Sea port city to convert crude oil to chemicals using ‘economically viable, innovative configuration’ 02.11.2018 Refining/Petro Chemistry , Companies , Middle East-Africa
TechnipFMC inks $1 bln. deal to expand Egypt's refinery - Refinery complex aims to boost capacity by 60 percent to 160,000 barrels per day of crude oil 01.11.2018 Oil , Refining/Petro Chemistry , Middle East-Africa
Saudi Aramco signs 15 agreements worth over $34 billion - Memoranda of Understanding signed with major energy companies at Future Investment Initiative Forum in Riyadh 25.10.2018 Refining/Petro Chemistry , Companies , Middle East-Africa
Ankara, Baku boost strategic ties with STAR refinery - Turkish President Recep Tayyip Erdogan, his Azerbaijani counterpart attend opening ceremony of STAR Refinery in Izmir 20.10.2018 Downstream , Refining/Petro Chemistry , Türkiye
Azeri oil firm to open refinery in Aegean Turkey on Friday - Attending opening ceremony for SOCAR's Star Refinery will be Turkish, Azerbaijani presidents and other top officials 19.10.2018 Oil , Refining/Petro Chemistry , Türkiye
S.Aramco, Total to build giant petrochemical complex - Project in eastern Saudi Arabia represents investment of around $5 billion and is scheduled to start up in 2024 10.10.2018 Refining/Petro Chemistry , Companies , Middle East-Africa
Total, Sonatrach sign gas, petrochemical deals - Companies strengthen cooperation in Algeria as part of comprehensive partnership announced in 2017 08.10.2018 Upstream , Refining/Petro Chemistry , Companies , Middle East-Africa
Petrochemicals to account for nearly half of oil demand by 2050: IEA - Petrochemicals rapidly becoming largest driver of global oil consumption, International Energy Agency says in latest report 05.10.2018 Refining/Petro Chemistry , General
Energy incentives prioritized for Turkish economy plan - Turkey's new economy program introduced on Thursday prioritizes energy as recipient area for incentives 21.09.2018 Renewable , Finance , Refining/Petro Chemistry , Energy Diplomacy , Türkiye
ExxonMobil agrees to build chemical complex in China - Company is evaluating multibillion-dollar investment in Guangdong province 07.09.2018 Lng/Lpg , Refining/Petro Chemistry , Companies , Asia
Iran launches three major petchem projects in south -Projects in Asaluyeh expected to add 3.4 million tons to country's annual petrochemical production capacity 05.09.2018 Refining/Petro Chemistry , Middle East-Africa
Total sells its polystyrene business in China -French energy giant accepts Germany-based INEOS Styrolution’s offer to buy two production plants 01.09.2018 Refining/Petro Chemistry , Companies , Asia
Asian consortium plans to invest $7B in Iran's petchem -Unnamed consortium to initially invest $2 billion over a three-and-a-half-year period, National Petrochemical Company says 15.08.2018 Refining/Petro Chemistry , Companies , Asia , Middle East-Africa
Petkim becomes Industrial Liaison Program member of MIT - The program will help Petkim to develop its R&D activities and strategic research globally 14.08.2018 Refining/Petro Chemistry , Türkiye
Saudi Aramco to buy remaining 50 pct stake in Arlanxeo -Proposed purchase of German Lanxess' share in Dutch specialty chemicals company valued at €1.5 billion 09.08.2018 Refining/Petro Chemistry , Companies , Europe , Middle East-Africa
Turkey’s 2nd petrochem. facility to start ops. in 2023 - Turkey’s annual foreign trade deficit is set to decrease by around $1.5 billion with launch of STAR Refinery 07.08.2018 Refining/Petro Chemistry , Türkiye , Eurasia
Repsol earnings increase 46pct in first half of 2018 -Spanish oil company’s net income hits €1.546 billion between Jan and June, recording highest profit for period in past decade 26.07.2018 Finance , Upstream , Downstream , Refining/Petro Chemistry , Companies , Europe
Spanish Repsol to buy 40pct of Mexican lubricants firm -Global oil company teams up with local partner to produce and distribute lubricants in Mexico 25.07.2018 Refining/Petro Chemistry , Companies , Europe , Americas
Saudi Aramco in 'preliminary' talks to acquire SABIC -State-owned oil company confirms media reports regarding possible interest in acquiring Saudi Basic Industries Corporation 20.07.2018 Refining/Petro Chemistry , Companies , Middle East-Africa
Oil refinery TUPRAS tops Fortune 500 Turkey list - Energy giant ranks first in annual list of Turkey's largest companies 03.07.2018 Natural Gas , Finance , Refining/Petro Chemistry
Saudi Aramco, Abu Dhabi to build mega refinery in India - Saudi Aramco and Abu Dhabi National Oil Company will build $44B mega refinery and petrochemicals complex in western India 27.06.2018 Refining/Petro Chemistry , Middle East-Africa
ExxonMobil launches world's largest resin plant - EscorezTM hydrogenated hydrocarbon resins plant in Singapore to be 'world's largest with a capacity of 90,000 tons per year' 21.06.2018 Refining/Petro Chemistry , Asia , Americas
Spain’s Repsol updates plan to boost oil output by 2020 -Oil company updates its 2016-2020 Strategic Plan after achieving all goals set out in plan two years ahead of schedule 07.06.2018 Upstream , Downstream , Refining/Petro Chemistry , Companies , Europe
Revival of Romania's petrochemical industry advised - Warning call for re-industrialization of petrochemical industry to combat overburdened imports and for economic development 23.05.2018 Refining/Petro Chemistry , Europe
Turkey's STAR refinery to launch in October - STAR refinery, constructed by SOCAR Turkey in Izmir, is country's biggest private sector investment 22.05.2018 Refining/Petro Chemistry , Türkiye , General
Qatar joins giant petrochemical race in Middle East - After Saudi Arabia and the UAE, Qatar's state company invites international companies to bid for new petrochemicals complex 16.05.2018 Refining/Petro Chemistry , Energy Projects , Middle East-Africa , General
UAE’s ADNOC, Spain’s Cepsa sign LAB facility agreement -‘World-scale’ linear alkylbenzene facility planned for Abu Dhabi National Oil Co.’s Ruwais refining, petrochemicals complex 14.05.2018 Refining/Petro Chemistry , Companies , Middle East-Africa
Iran’s Star Refinery distillation unit to open in June -Gas condensate refinery in southern Iran expects to process around 360,000 barrels per day when it becomes fully operational 15.05.2018 Refining/Petro Chemistry , Middle East-Africa
Turkey's auto production over half million in Jan-April - Automotive exports rise to $11.3 billion in first 4 months of 2018 14.05.2018 Downstream , Refining/Petro Chemistry , Türkiye
Turkey's Petkim sees 64% drop in profits in 1Q18 - Petkim's net profit in first quarter of 2018 decreases to 131.4 million Turkish liras, company announces 05.05.2018 Finance , Refining/Petro Chemistry , Türkiye , General
Shell, CNOOC to cooperate for petrochemicals in China - China National Offshore Corporation (CNOOC) and Shell joint venture start production at new petrochemical units in China 02.05.2018 Oil , Refining/Petro Chemistry , Europe , Asia , General
Iran, China sign major petrochemicals agreement -Deal is part of 2015 agreement to boost bilateral relations especially in petrochemical sector, senior Iranian official says 25.04.2018 Refining/Petro Chemistry , Companies , World , General
US, UK scientists discover plastic-eating enzyme - Discovery could lead to solution in reducing amount of plastic littering oceans and rest of planet 18.04.2018 Refining/Petro Chemistry
Norway's oil products sales decrease in March - The Nordic country's petroleum product sales total 652 million liters in March 17.04.2018 Refining/Petro Chemistry , Europe
Saudi Arabia, France ink $9 billion petrochemical deal - Saudi Aramco and Total sign memorandum of understanding to build a giant petrochemical complex 12.04.2018 Oil , Refining/Petro Chemistry , Europe , Middle East-Africa
Metcap Energy aims to meet 35% of Turkish petchem needs - Turkey's Metcap Energy Investments and Qatar's Fusion Dynamics partner for $5.2 billion investment in energy joint venture 11.04.2018 Refining/Petro Chemistry , Investments , Türkiye , Middle East-Africa , General
Turkey-Qatar companies sign $5.2 bln. petchem deal - Investments will be made in two parts, one for petrochemical complex, and one for natural gas plants to energize complex 10.04.2018 Refining/Petro Chemistry , Investments , Türkiye , Middle East-Africa , General
Turcas aims for Singapore-like petrochemical ind. park - Company is seeking investment opportunities to construct natural gas-based park in southeastern Turkey, Turcas CEO says 16.03.2018 Natural Gas , Oil , Refining/Petro Chemistry , Türkiye , Asia
Iraq signs contract to build refinery in Kirkuk - The contract is part of efforts to meet the needs of the Kirkuk region, Iraqi minister of oil says 10.02.2018 Refining/Petro Chemistry , Investments , Middle East-Africa
Brent oil above $70 at week beginning Jan. 29 - Brent crude trades at $70.02 per barrel while WTI sees $66.28 on Monday 29.01.2018 Downstream , Refining/Petro Chemistry , Investments , World
Brent oil is above $69 at week beginning Jan. 15 - Brent crude trades at $69.83 per barrel while WTI sees $64.36 on Monday 15.01.2018 Oil , Finance , Refining/Petro Chemistry
Sinopec to use Eni's technology in its new refinery - Environmentally-friendly technology can convert refining residues entirely into high-quality light products, Eni announces 09.01.2018 Refining/Petro Chemistry , Europe , Asia
Shell to retain ownership of Danish refinery ops. - Shell group’s $30 billion divestment program remains on track for completion in 2018, Anglo-Dutch company says 03.01.2018 Finance , Refining/Petro Chemistry , Investments , Europe
Brent oil prices above $66 at week ending Dec. 29 - Brent crude price drops to $66.50 per barrel while WTI sees $60.17 on Friday 30.12.2017 Oil , Refining/Petro Chemistry , Americas
World oil supplies sees monthly rise in November: IEA - Global demand growth remains unchanged at 1.5 million barrels per day in 2017 and 1.3 mb/d in 2018 15.12.2017 Oil , Refining/Petro Chemistry , International Organization , Americas , Middle East-Africa
Turkey's Tupras & METU to cooperate in energy sector - Turkey’s only oil refiner, Tupras, and the Middle East Technical University in Ankara ink energy cooperation agreement 22.11.2017 Electricity , Finance , Refining/Petro Chemistry , Türkiye
Turkey's Petkim sees 169% profit rise in 3Q17 - Petkim's net profit in third quarter of 2017 increases to 372 million Turkish liras, company announces 12.11.2017 Refining/Petro Chemistry , Türkiye
Turkish refining giant's net profit surges 235% in 3Q17 - TUPRAS' net profit reaches 3.3 billion TRY ($860 million) in the third quarter of 2017, company announces 10.11.2017 Refining/Petro Chemistry , Türkiye
Turkey cuts down diesel imports via refinery investment - Turkish diesel oil imports see 0.47 percent drop in January-August period compared to same period last year 31.10.2017 Oil , Refining/Petro Chemistry , Transportation/Fuel Oil
EU approves Hungary's aid for petrochemical plant - MOL petrochemical plant in northern Hungary will expand to include new petrochemical products 26.10.2017 Oil , Refining/Petro Chemistry
Inter Fin. Corp. loans $100M to Turkish Tupras refinery - Tupras is to install new sulfur recovery units to optimize crude oil processing and improve sulfur emissions, IFC announces 04.10.2017 Oil , Refining/Petro Chemistry
Aramco & Petronas to enhance petrochemical cooperation - Saudi Aramco and Petronas form partnership to enhance Aramco's growth in southeast Asia with partnership in PRPC Polymers 03.10.2017 Oil , Refining/Petro Chemistry
Turkey's crude oil imports rise in May - Crude oil imports increased by 24.9 percent to 2.6 million tonnes during May in Turkey, according to EMRA reportrn 25.07.2017 Oil , Downstream , Refining/Petro Chemistry
Turkey's oil imports exceed 40 mln. tons in 2016 - Top three oil exporters to Turkey in 2016 were Iraq, Russia and Iran, EMRA data revealsrn 30.05.2017 Oil , Downstream , Refining/Petro Chemistry
Exxon's polyethylene lines completed in Texas - Two new lines have 650,000 tons per year capacity and begin production in third quarter of 2017, company announces 23.05.2017 Oil , Refining/Petro Chemistry
Turkey's Petkim sees profit rise of 141% in 1Q17 - Petkim's net profit in first quarter of 2017 increases to 359 million Turkish liras, company announces 06.05.2017 Oil , Refining/Petro Chemistry
Exxon, SABIC picks site for giant petrochem project - ExxonMobil and SABIC officially pick location for potential development of a petrochemical complex on U.S. Gulf Coast 20.04.2017 Oil , Refining/Petro Chemistry
OMV invests €110m in turnaround for Schwechat refinery - The planned turnaround of the petrochemicals units of Schwechat refinery will start in mid-April, company announces 12.04.2017 Oil , Refining/Petro Chemistry
Hanwha Total Co. to invest $450M in refining, petrochem. - With investment, expansion project set to be completed by mid-2019 12.04.2017 Oil , Refining/Petro Chemistry
Turkey's Petkim hits a net profit record in 2016 - Petkim's net profit in 2016 increases to 732 million Turkish liras, a rise by 15 percent and a historic record, company announces 04.03.2017 Oil , Refining/Petro Chemistry
Eni and Genomatica's tire technology gets green award - Bio-butadiene (bio-BDE) technology receives award from European independent award program for tire industry, Eni announces 17.02.2017 Oil , Refining/Petro Chemistry
Fuel oil sales rise in Turkey in November - Gasoline and diesel sales increase by 8.81% and 7.87% respectively while autogas LPG sales fall by 1.51% in November 23.01.2017 Oil , Refining/Petro Chemistry
OPEC increases oil production in September - OPEC's crude oil share of total global production was 34.6 percent in September 12.10.2016 Oil , Downstream , Refining/Petro Chemistry , Energy Diplomacy , International Organization
SOCAR, OMV PO agree on sale of Aliaga Storage Facilities - Azerbaijani SOCAR and OMV Petrol Ofisi agree on purchase and sale of Aliaga Terminal in Turkey's İzmir 10.10.2016 Oil , Finance , Refining/Petro Chemistry , Investments