Tag: complex
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South Korea plans to win the Al-Zour petrochemical complex project in Kuwait
South Korean companies are competing to implement the Al-Zour Petrochemical Complex project in Kuwait, whose investments are estimated at about $10 billion. In this context, the South Korean government sent a team to support its companies winning contracts to build the huge petrochemical complex in Kuwait, according to data seen by the specialized energy platform.…
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The energy crisis forces the largest chemical complex in the world to lay off 2,600 workers
The energy crisis, which hit Europe in 2022 against the backdrop of the Russian-Ukrainian war, cast a shadow over the world’s largest chemical complex. The German company, BASF, revealed a plan to cut 2,600 jobs and reduce production in Germany. Europe’s largest chemical producer is preparing for a future without cheap Russian gas, according to…
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The US oil sector awaits a breakthrough in the complex permit crisis before the presidential elections (report)
The US oil sector hopes to resolve the complex bureaucratic permitting crisis that is hindering infrastructure work for new projects in the sector from launching during 2023, after years of unsuccessful pressure. Lobbyists in the oil and gas sector in the United States are exerting strong pressure on members of the US Congress to pass…