Total aims to decide this year whether to move forward with a second steam cracker at its refining and petrochemical complex in Port Arthur, Texas, executives said last week. The French oil major launched front-end engineering and design (FEED) for the 1 million mt/year ethane side cracker in September 2015, with plans to make the final investment decision (FID) by the end of 2016.
Posts tagged ‘Royal Dutch Shell’
February 14, 2017 05:01 UTC
August 5, 2016 13:16 UTC
Petrochemicals are offering growth as energy companies struggle with lingering low crude prices, though some face project delays and others are proceeding with caution, the latest quarterly earnings season shows.
Here’s a roundup of some of the highlights from the most recent round of earnings reports and calls.
August 15, 2014 00:01 UTC
The onset of the First World War underlined the seismic change that was engulfing every aspect of life in the early part of the 20th century. As Europe’s great powers tumbled over the precipice into a catastrophic four years of carnage, few could envision the role that powered transportation would play in the conflict, or the toll that mechanized, industrialized warfare would extract from its youth.
In a war that left such an indelible mark on society, oil would for the first time play a significant role. To that end, the First World War is a significant landmark in the formation of corporations that came to dominate the 20th century. The age of the majors had dawned.