Chevron Phillips Chemical nears completion of US Gulf Coast petchem project

Chevron Phillips Chemical Co. LP, a joint venture of Chevron Corp. and Phillips 66, has completed construction of a 1.5 million-tonne/year ethane cracker at the combine’s Cedar Bayou facility in Baytown, Tex., as part of the second phase of its previously announced $6-billion US Gulf Coast petrochemical project. Source: News


Eni picks up Tarfaya shallow-water acreage offshore Morocco

Eni SPA has expanded its existing position in Morocco by entering a petroleum agreement with Moroccan state-owned Office National des Hydrocarbures et des Mines in the Tarfaya offshore shallow-water exploration permits I-XII. The 23,900-sq-km area is offshore Sidi Ifni, Tan Tan, and Tarfaya in as much as 1,000 m of water. Source: News