(Zacks, 12.Jun.2020) — Petrobras recently grabbed a bargain with a new five-year deal to supply naphtha to Braskem SA’s BAK unit in Bahia and Rio Grande do Sul states. Per the contract, Petrobras will supply at least 650,000 metric tonnes of naphtha annually to Braskem with an additional maximum capacity […]
Tag: naphtha
Petrobras On New Naphtha Contracts With Braskem
(Petrobras, 10.Jun.2020) — Petrobras signed new long-term contracts for the supply of petrochemical naphtha with Braskem S.A. for the units in the states of Bahia and Rio Grande do Sul. The contracts come into force after the current contract closes in December 2020, and have a term of five years, […]
EP PetroEcuador Halts FCC Unit At Las Emeraldas
(Energy Analytics Institute, Piero Stewart, 8.Apr.2020) — EP PetroEcuador announced an issue related to the National Interconnected System (SNI) on 7 April 2020 caused an unscheduled failure in the process units of the Las Esmeraldas refinery. As a consequence of the emergency stoppage, damage occurred to the F-C1 compressor of […]
Rosneft Seeks Euros Payment In Naphtha Tender
(Reuters, 14.Aug.2019) — Russian state oil company Rosneft has for the first time asked buyers to use the euro as the default currency in a spot tender to sell naphtha, an official Rosneft document shows. The tender, for naphtha loading from ports in Russia’s Far East, is the first time […]
Sanctions Squeeze Venezuela’s EHCO Output
(Petroleum Economist, 18.Jul.2019) — Latin America’s economically troubled oil giant faces the difficult task of significantly raising Asian crude grades. Venezuela’s upgraders have been forced to stop upgrading extra-heavy crude and instead focus on blending light and heavy grades, as US sanctions limit exports of the South American country’s most […]
PdV To Tap Fractionator To Replace Imported Naphtha
(Argus, 9.Jul.2019) — Venezuela’s national oil company PdV is seeking to adapt its infrastructure to cope with a shortage of imported naphtha that is hindering heavy crude production and exports. The company said it plans to build two small pipelines at its Jose industrial complex to supply its 210,000 b/d […]
Pampa Energia Curbs Polystyrene, Styrene Butadiene Rubber Output On Demand
(S&P Global Platts, Bernardo Fallas, 13.Nov.2018) — Argentina-based energy company Pampa Energia is cutting polystyrene and styrene butadiene rubber production amid lackluster demand in Argentina and barriers to export, two company sources said Monday on the sidelines of the 38th Latin American Petrochemical Association meetings in Cancun. Pampa expects to […]