Northern Petrochemical Corporation announced it will build a $2.5 billion carbon-neutral ammonia and methanol production facility near Valleyview, Alberta. According to a press release from the Government of Alberta, the facility will be the first [Read more]
The Alberta government has signed a memorandum of understanding with the Tri-Municipal Industrial Partnership, or TMIP, to coordinate the development of a new eco-industrial area in Greenview, south of Grande Prairie. According to a press [Read more]
Petrochemical products are manufactured from raw materials (oil and natural gas) to feedstocks, basic chemicals, chemical intermediates (derivatives), and ultimately final products, including plastics, rubbers, resins, synthetic fibers, adhesives, dyes, detergents, pesticides, and petroleum-derived paints and [Read more]
Some teapot refineries located in the eastern Chinese province of Shandong are hoping to shift into petrochemicals, but analysts are concerned they will face massive challenges in logistics and funding. Teapot refineries squeezed by increased [Read more]
Hengli has a quota to import about 400,000 barrels per day (b/d), the most of any independent refiner in China. It has signed contracts with Sinochem to import crude and export fuels and will work [Read more]
Notley Government hopes for 2 to 5 partial upgraders representing up to $5 billion in private investment Alberta plans to spend $1 billion over eight years to boost commercialization of bitumen partial upgrading technology, just one [Read more]
Big Oil is shifting investment into expanding downstream (e.g. petrochemicals), clean energy technologies. What is Alberta waiting for? Follow the money. Always good advice, and if you want to know the direction the global energy [Read more]
Alberta energy diversification should include partial bitumen upgrading, petrochemicals, expansion of oilfield services/manufacturing Economic diversification rarely works. Canadian governments have wasted many billions over the decades, chasing this or that economic flavour of the week [Read more]
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