Cilno, Colombia (AP) Colombia’s largest petro chemical company, Nouri Petrochem, is on the brink of bankruptcy after its top executive, Cilnov Petrol, was indicted on charges that he used a government-sponsored loan to pay for luxury vacations.Nouri Petrol has been at the center of a major international scandal over alleged bribes to secure lucrative contracts and to secure government loans […]
A senior U.N. official says the Syrian government is supplying chemical weapons to the opposition, in an apparent violation of U.V.A. arms embargo.U.K. ambassador to the United Nations, Matthew Rycroft, said in a statement Saturday that the weapons were found at a storage facility in Syria, but did not provide details.The U.R.S., a key ally of the Syrian regime, has […]
Petrochemical industries are being squeezed by the recent price decline of oil, which has plunged to a three-year low.The drop has pushed the world’s largest petrocompany into an uncertain future, as the global market for petrostates, which use petroelectricity to clean up oil spills, is also in flux.The global petro industry was worth $19.2 trillion in 2013, according to the […]
Petrochemical chemicals and fertilizers, fertilizers and pesticides were the top source of new information for the first time this year.The results of the survey by Oxford University’s Centre for Applied Economic Research (CAPE) came after researchers from the university’s Business Research Institute (BRI) published their findings in the latest edition of the British Journal of Industrial and Organizational Psychology.In the […]
Petrol, the world’s second-largest petroleum product, is one of the world´s most-produced fuels.It is also a source of global warming.In fact, petroleum emissions account for more than a quarter of global greenhouse gas emissions.According to the United Nations, the use of petroleum in the energy sector can cause global warming by up to 20 per cent.Petrol is one reason why […]
China’s $6.2 trillion economy is a sprawling complex of industrial projects, energy plants, and other enterprises that have long been reliant on fossil fuels to generate electricity.The country is the world’s third-largest importer of oil and gas, but it also accounts for a large portion of the world market for natural gas, which has surged to a record $7.4 trillion […]
A lot of petrocosms are made by people who have been involved in the petro chemical industry for a long time.They tend to be made by chemists with PhDs or postdoctoral degrees in the field.Some of them also have extensive experience in chemical engineering and other areas.Petrochemists are able to do a lot of the chemical engineering work, and they […]
Petrochemical engineers are facing scrutiny after a federal court in Virginia ruled on Friday that construction work at a petro chemical plant in the western U.S. was unauthorized.A federal judge in Virginia issued a preliminary injunction on Thursday to prevent the construction of the proposed $1.8 billion Petrolia Chemical Plant from moving forward.The court order, which was not immediately available […]
China’s largest oil producer Sinopek is set to acquire an oil producer and petrochemicals company, sources said on Tuesday, as the country seeks to boost growth in the oil sector.The Sinopeco Group will invest up to $1 billion in Sinopech, the sources said, adding that the deal will allow Sinopex to become China’s top petro-chemical producer and the biggest oil […]
U.K.-based Petrochemical Chemicals and Sadiara Petrochemical Chemical Company announced a new investment of $1.2 billion in Iran to create a $25 billion market-leading petro chemical plant in the country.The investment, which will create jobs in the United States and provide Iran with a critical source of supply, comes as Iran prepares to ratify the Comprehensive Nuclear Agreement with the United […]