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Vattenfall and Preem to explore decarbonising refining sector with offshore wind and hydrogen

Vattenfall and Preem to explore decarbonising refining sector with offshore wind and hydrogen

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Vattenfall and Preem to explore decarbonising refining sector with offshore wind and hydrogen

The Swedish energy company sees huge potential to decarbonise industries like refining, petrochemicals, steel and fertilisers by using the fossil-free technologies on the Swedish west coast

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‘Petrochemicals need $759bn to become net zero’

‘Petrochemicals need $759bn to become net zero’

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‘Petrochemicals need $759bn to become net zero’

The investment must be made into carbon capture and electrification, a new report warns

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India to account for 34% of Asian petrochemicals by 2025

India to account for 34% of Asian petrochemicals by 2025

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India to account for 34% of Asian petrochemicals by 2025

The country is growing its portfolio to meet heavy industry demands

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Petrochemicals giant INEOS launches new clean hydrogen business

Petrochemicals giant INEOS launches new clean hydrogen business

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Petrochemicals giant INEOS launches new clean hydrogen business

It will be headquartered in the UK and is part of the company’s drive towards net zero carbon emissions

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BP to sell petrochemicals business to INEOS for $5bn

BP to sell petrochemicals business to INEOS for $5bn

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BP to sell petrochemicals business to INEOS for $5bn

The sale is expected to deliver the energy giant’s target for agreed divestments a year earlier than originally scheduled

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INEOS plans $2bn ‘most energy efficient’ petrochemical complex in Saudi Arabia

INEOS plans $2bn ‘most energy efficient’ petrochemical complex in Saudi Arabia

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INEOS plans $2bn ‘most energy efficient’ petrochemical complex in Saudi Arabia

It is investing in three plants which are expected to begin production in 2025

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Petrochemicals giant INEOS to pump £1bn in the UK

Petrochemicals giant INEOS to pump £1bn in the UK

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Petrochemicals giant INEOS to pump £1bn in the UK

It is investing £500m in the Forties Pipeline System and £350m in a new energy efficient steam and power plant

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IEA: Rising consumption of plastics to drive oil demand growth

IEA: Rising consumption of plastics to drive oil demand growth

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IEA: Rising consumption of plastics to drive oil demand growth

Petrochemicals – i.e. components derived from oil and gas used in daily products like plastics, clothing and detergents – are to account for more than a third of growth to 2030

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INEOS to invest €2.7bn in two chemical plants in Europe

INEOS to invest €2.7bn in two chemical plants in Europe

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INEOS to invest €2.7bn in two chemical plants in Europe

The ethane ‘cracker’ is expected to be one of the most efficient and environmentally friendly facilities

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France’s Total invests $1.7bn in Texas petrochemicals

France’s Total invests $1.7bn in Texas petrochemicals

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France’s Total invests $1.7bn in Texas petrochemicals

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Qatar plans petrochemicals complex with Shell

Qatar plans petrochemicals complex with Shell

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Qatar plans petrochemicals complex with Shell

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Sterling hires MacAskill as chief executive

Sterling hires MacAskill as chief executive

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Sterling hires MacAskill as chief executive

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