In a very volatile external environment, MOL Group generated USD 947mn Clean CCS EBITDA in Q4, bringing full-year Clean CCS EBITDA to an all-time high USD 3.531bn, above the updated guidance.
SABIC and Plastic Energy are set to commence construction on the first commercial unit to produce its flagship certified circular polymers, part of the Trucircle portfolio, which are made from the upcycling of mixed and used plastic.
MOL Group has once again been part of the Dow Jones Sustainability World Index (DJSWI). This places MOL Group in the top 15% of integrated oil and gas companies based on its corporate sustainability performance.
Aramco today announced the successful completion of its share acquisition of a 70% stake in Sabic from the PIF, the sovereign wealth fund of Saudi Arabia, for a total purchase price of SAR 259.125 billion (US$ 69.1 billion), equating to SAR 123.39 price per share.
MOL has transformed one of its production facilities at Almásfüzitő into a sanitizer production plant to help the fight against the coronavirus.
ExxonMobil said today it started production on a new high-performance polyethylene line at its Beaumont, Texas polyethylene plant.
PKN Orlen have become an Official Partner of the Formula 1 Team – Williams Martini Racing.
Clariant has signed an agreement for a new partnership with Neste, the world's leading provider of sustainable renewable diesel and an expert in delivering drop-in renewable chemical solutions.
Clariant today officially started construction of the first large-scale commercial sunliquid plant for the production of cellulosic ethanol made from agricultural residues.
Unipetrol restores the operation of its distribution terminal located in front of its refinery in Kralupy nad Vltavou. An explosion without subsequent fire took place on Thursday, March 22 on one of empty storage tanks.
Petrobras and ExxonMobil has signed a memorandum of understanding (MOU) regarding a strategic alliance to jointly identify and evaluate potential business opportunities.
Saudi Basic Industries Corporation (SABIC) has commissioned the construction of two sea going gas tankers powered by liquefied natural gas (LNG) to transport its olefins products, in anticipation of a European Union directive to drastically reduce sulphur emissions from vessels operating in the North Sea by 2015. Switching to alternative fuels for ships, such as LNG, which is far more environment-friendly than traditional fuel oils is one of the solutions identified to meet the European Union directive.