Asia Pacific
JERA and CF Industries Execute MOU for the Joint Project Development and Sales & Purchase of Clean Ammonia
JERA Co., Inc. (“JERA”) has executed a Memorandum of Understanding (“MOU”) for potential collaboration for the joint project development and sales & purchase of clean ammonia with CF Industries.
HDF Energy and PetroVietnam Technical Services Corporation (PTSC), PetroVietnam group, to cooperate on green hydrogen projects in Vietnam and the region
Hydrogène de France SA (“HDF Energy”) has signed a Memorandum of Understanding (MoU) with PetroVietnam Technical Services Corporation (PTSC) to jointly develop, finance and build HDF's Renewstable® and HyPower® hydrogen power plants in Vietnam. In addition, both parties will explore the potential of producing green hydrogen in Vietnam for the local market and the Asia Pacific region.
Iberdrola partners with ABEL Energy on green hydrogen and methanol project in Tasmania
Iberdrola Australia and hydrogen developer ABEL Energy announced that they will be working together to deliver a green hydrogen and green methanol production facility at Bell Bay, in northern Tasmania, backed by new renewable energy generation within the state. The total estimated capital requirement for the methanol and renewable energy project is in the order of A$1.7 billion.
Unique Crude-to-Chemicals Technology Set to Deploy in First Commercial Development
Lummus Technology, a global provider of process technologies and value-driven energy solutions, today announced that its licensed TC2CTM crude-to-chemicals technology will move forward in its first commercial deployment through S-Oil’s Shaheen Project in South Korea.
Aramco, Sinopec and SABIC expand refining and petrochemical cooperation
The Saudi Arabian Oil Company (“Aramco” or “the Company”), one of the world’s leading integrated energy and chemicals companies, China Petroleum and Chemical Corporation (“Sinopec”) and SABIC, are exploring collaboration across refining and petrochemical projects in China and Saudi Arabia.
European Energy takes major step into 3,600 MW Australian Solar Hydrogen Project
European Energy announced today in the offices of Trade Investment Queensland that it has acquired a majority stake in Austrom, a company located in Queensland, with the intention of accelerating the 3,600 MW Pacific Solar Hydrogen Project in the Gladstone region.
Eni, Euglena and PETRONAS to Explore Biorefinery Opportunity in Malaysia
Eni, Euglena and Petroliam Nasional Berhad (PETRONAS) today announced that they are jointly studying the possibility of developing and operating a biorefinery in the Pengerang Integrated Complex (PIC), one of the largest integrated refinery and petrochemical developments in Southeast Asia.
Air New Zealand announces Mission Next Gen Aircraft partners
Air New Zealand has announced four world-leading innovators it will be working with on its mission to have its first zero emissions demonstrator flight.
INEOS and SINOPEC sign Joint Venture agreement for a brand new petrochemicals complex in Tianjin, China
INEOS and SINOPEC have today announced a new Joint Venture agreement that will see INEOS acquire a 50% share in the existing Tianjin Nangang Ethylene Project from SINOPEC. The project is currently building a 1.2 million tonne ethane cracker, expected to come on-stream at the end of 2023, and downstream derivative plants in Tianjin, China.
Axens Achieved the Guaranteed Performance of its First Ethanol-to-Ethylene Atol® Plant with Sumitomo Chemical
In May 2022, Axens have demonstrated the successful start-up of the first ethanol-to-ethylene pilot plant based on Axens Atol® technology with Sumitomo Chemical, which is going on the waste-to-polyolefins project in Japan. At full rollout, this project will attain the production of waste-based polyolefin at industrial scale, representing a step forward towards a circular economy based on renewable carbon.
Meridian's Southern Green Hydrogen Project selects Woodside Energy as preferred partner
Meridian, with the support of Ngāi Tahu, have selected Woodside Energy (Woodside) as the preferred partner to move forward to the development stage of the proposed Southern Green Hydrogen (SGH) project in New Zealand. A final investment decision will follow the development stage.
INPEX Takes FID on Kashiwazaki Clean Hydrogen/Ammonia Project in Niigata Prefecture, Japan
INPEX CORPORATION (INPEX) announced it has taken a final investment decision (FID) on drilling operations and the construction of facilities associated with a demonstration Kashiwazaki Clean Hydrogen/Ammonia Project to be implemented at the INPEX-owned Higashi-Kashiwazaki Gas Field in the Hirai area of Kashiwazaki City, Niigata Prefecture, Japan
Petronet LNG's FSRU project gets FID approval
Petronet LNG has approved plans for a 4.0m t/y floating storage regasification vessel in Ganjam District, Odisha. The FSRU based project could be converted to a land-based option in the future.
Game changing North Queensland Super Hub to power green hydrogen with wind, solar
North-West Queensland is set to become home to one of the State’s largest ever renewable energy projects, with Fortescue Future Industries (FFI) and Windlab to partner on a Super Hub which could generate more than 10GW of wind and solar power and underpin the industrial-scale production of green hydrogen from purpose-built facilities within Queensland.
Share LyondellBasell Spheripol technology selected by Stavian Quang Yen Petrochemical
yondellBasell today announced that its leading polypropylene (PP) technology has been selected by Stavian Quang Yen Petrochemical, Ltd. (Stavian) for a new world scale production facility.
HYRASIA ONE reaches important milestine as it signs Investment Agreement
HYRASIA ONE, a subsidiary of the European cleantech group SVEVIND Energy Group, is planning one of the world’s largest industrial plants for the production of pure green hydrogen in Kazakhstan. The HYRASIA ONE project is thus entering the next, decisive phase. In the presence of Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, and Charles Michel, President of the European Council, representatives of HYRASIA ONE and the Kazakh government signed the Investment Agreement for this lighthouse project in Astana.
Pertamina and Rosneft Push Forward on $24 Billion Grassroots Refinery
Pertamina of Indonesia is moving forward on a significant grassroots refinery in Indonesia’s East Java Province and will be partnering with Russian state energy company Rosneft, even as geopolitical pressures continue to surround Russia. This progress is likely due to the neutral position that Indonesia has regarding the war in the Ukraine.
PETRONAS Declares Force Majeure on Gas Supply to MLNG Dua
PETRONAS has declared Force Majeure (FM) on gas supply to MLNG Dua due to a pipeline leak caused by soil movement at the vicinity of KP201, Sabah-Sarawak Gas Pipeline (SSGP) that occurred on 21 September 2022
Blue Cap Mining partners with LINE Hydrogen for WA's first carbon-neutral mine
LINE Hydrogen, an Australian-owned, independent green hydrogen energy company, has signed a Memorandum of Understanding with Blue Cap Mining Pty Ltd to develop the energy requirements for Blue Cap's Lord Byron Gold Mine in Western Australia. The new mining project will be the first carbon-neutral mine in WA and one of only two active mines in Australia to reach the milestone.
Fluor Awarded Two Contracts for the BASF Zhanjiang Verbund Site Project in China
Fluor announced that the company was awarded two reimbursable engineering, procurement and construction management contracts by BASF for the ethylene oxide/ethylene glycol and infrastructure, offsites and utilities packages as part of the company’s new Verbund program in Zhanjiang, Guangdong province, China. The contract value to Fluor is more than $2 billion and was booked in the third quarter of 2022.
W.R. Grace & Co. to provide new UNIPOL® Polypropylene Technology to Indonesia's TPPI Project
W. R. Grace & Co. (Grace) the leading independent supplier of polyolefin catalyst technology and polypropylene (PP) technology, has received a commitment from PT Kilang Pertamina International (PT KPI) to use Grace’s UNIPOL® PP technology, which is part of its larger initiative, the Trans-Pacific Petrochemical Indotama (TPPI) Olefin Complex Development Project in Indonesia. This project will empower PT KPI to increase refinery and polyolefin capacity by addressing the gap between strong demand growth of petrochemicals and the shortage in domestic production capacity.
State Power Investment Corporation and Templewater sign Strategic Cooperation Agreement for Green Hydrogen in the Greater Bay Area
Coinciding with the 25th anniversary of Hong Kong's return to the motherland, State Power Investment Group Overseas Investment Co., Ltd. ("SPICOC") and Templewater Group held a virtual signing ceremony to sign a green hydrogen supply (hydrogen energy transportation) strategic cooperation agreement. At the ceremony, the two parties will use hydrogen energy transportation as the starting point, to seize the development opportunities of the hydrogen energy industry, and jointly promote the demonstration and industrial cooperation of Hong Kong's green hydrogen supply and zero-carbon transportation.
Technip Energies Awarded an EPCC Contract for YURI Green Hydrogen Project in Australia
Technip Energies, leader of a consortium with Monford Group, has been awarded an Engineering, Procurement, Construction and Commissioning (EPCC) contract by Yuri Operations Pty Ltd, to develop Project Yuri Phase 0 project which is a green hydrogen plant in the Pilbara region of Western Australia.
Keppel to develop Singapore’s first hydrogen-ready power plant, with construction undertaken by Mitsubishi Power Asia Pacific and Jurong Engineering consortium
Keppel Infrastructure Holdings Limited (Keppel Infrastructure), through its wholly owned subsidiary Keppel Energy, has reached final investment decision (FID) to develop a 600MW state-of-the-art, advanced combined cycle gas turbine (CCGT) power plant, and has awarded an engineering, procurement and construction (EPC) contract to a consortium comprising Mitsubishi Power Asia Pacific and Jurong Engineering for the construction of the plant.
Reliance Industries Announces Five Year Plan for its Oil to Chemicals Business
Reliance Industries Limited (RIL) Chairman Mukesh Ambani spoke at the company’s 45th Annual General Meeting this week, and he outlined some goals for the next five years of RIL’s petrochemical development. Mr. Ambani stated that “We are committed to maximize oil to chemicals integration and convert our advantageous feedstock streams to high-value chemicals and green materials."
L&T Wins (Large*) Contract from Indian Oil Corporation
IOCL is implementing the Panipat Refinery Expansion (P-25) Project to enhance refining capacity from 15 MMTPA to 25 MMTPA to meet the growth in demand of petroleum products and to increase their profitability and competitiveness in the long run. The engineering, procurement, construction, and commissioning (EPCC) contract is for setting up a Residue Hydrocracker Unit (RHCU) for this P-25 Project. The RHCU is licensed by Axens (France) with a capacity of 2.5 MMTPA and will upgrade the Vacuum Residue (VR) to high-value commercial products (mainly diesel). The contract is awarded through international competitive bidding on a Lump Sum Turnkey (LSTK) basis.
Technip Energies and Clough to Perform FEED for TotalEnergies Papua LNG Upstream Production Facilities
Technip Energies, leader of a consortium with Clough, has been selected to perform the Front End Engineering Design (FEED) for TotalEnergies’ Papua LNG project’s upstream production facilities in Papua New Guinea.
BPCL Looks to Increase its Petrochemical Portfolio
Bharat Petroleum Corporation Ltd (BPCL) recently announced new strategies around its current businesses in its latest Annual Report, including new unit planning around its currently operating refineries.
Shell and Shenergy form joint venture to develop hydrogen refuelling network in China
Shell (China) Limited and Shanghai Shenergy Innovation and Development Co., Ltd., an affiliate of Shenergy (Group) Co., Ltd., have signed an agreement to form a joint venture, namely Shanghai Shenergy and Shell New Energy Company Limited. Through the new joint venture, the two parties will invest to build a network of hydrogen refuelling stations in Shanghai, Shell’s first hydrogen refuelling network in Asia.
Petrochina Launches $4.52 Billion Complex Expansion
According to Chinese state media, PetroChina has begun a program to expand an existing refinery in south China into an integrated petrochemicals complex. The costs for this expansion was reported to be $44.52 billion USD.
