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LyondellBasell Divests its European Olefins and Polyolefins Assets
2025-06-16
LyondellBasell (LYB) today announced that it has entered into an agreement and exclusive negotiations with AEQUITA for the sale of select olefins & polyolefins assets and the associated business in Europe.
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BASF Starts Commercial Operation of Black Mass Plant for Battery Recycling in Germany
2025-06-16
BASF announced the successful start of commercial operations at its Black Mass plant in Schwarzheide, Germany. This state-of-the-art facility represents a significant milestone for BASF's battery recycling business.
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Exxon Mobil to Sell French Subsidiary Esso to Canadian Energy Group
2025-06-07
Energy major ExxonMobil announced on the 3rd of June that it has entered into exclusive negotiations with the French unit of Canadian energy group North Atlantic to divest its majority-owned French subsidiary Esso.
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CSPC Huizhou Phase III Ethylene Project Commences Construction
2025-06-07
On May 28, 2025, the ground-breaking and installation ceremony for the 1.6 million tons per year ethylene unit of the CSPC Huizhou Phase III Ethylene Project was held.
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Saudi Aramco Invests on the Expansion of its Port Arthur Refinery in US
2025-06-03
Saudi Aramco CEO Amin Nasser recently announced that the company will invest $3.4 billion to expand its 654,000 b/d Motiva refinery in Port Arthur, Texas
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World's First Offshore 3-Megawatt-Level Waste Heat Power Generation Unit Put into Operation
2025-06-03
Recently, the world's first offshore 3-megawatt-level high-temperature waste heat recovery Organic Rankine Cycle (ORC) power generation unit successfully completed a 96-hour full-load operation test at the Wenchang 19-1 oilfield.
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