22/08/2026PetroChina Makes Final Investment Decision on $9.6 Billion Dalian Refining-Petrochemical Complex

PetroChina has made a Final Investment Decision for a new $9.6 billion refining and petrochemical complex on Changxing Island, Dalian, centered on a 200,000 bpd refining unit and 1.4 million ton/year ethylene unit.

22/08/2026China’s Hengyi Petrochemical Advances $13.6 Billion Phase 2 for Brunei Refining-Petrochemical Complex

Hengyi Petrochemical is moving ahead with Phase 2 expansion of its PMB refining and petrochemical complex in Brunei, backed by a $13.6 billion investment package, targeting completion by end of 2028.

22/08/2026Doosan Enerbility Wins KRW 900 Billion EPC Contract for Vietnam’s O Mon 4 Combined-Cycle Power Plant

Doosan Enerbility has won the EPC contract for the O Mon 4 combined-cycle gas power plant in Vietnam in a consortium with PECC2, valued at approximately KRW 900 billion.

22/08/2026Siemens Energy to Supply Six Gas Turbines for Oman’s Misfah and Duqm IPP Power Plants, Combined 2.6GW

Siemens Energy has won a contract to supply six F-Class gas turbines and six generators to Oman’s Misfah and Duqm IPP combined-cycle power projects, combined capacity of about 2.6GW.

22/08/2026Kuwait’s KOC Awards L&T Approximately $988 Million EPC Contract for Jurassic Crude Export Facilities

India’s L&T won an EPC contract from Kuwait Oil Company for new Jurassic Light Oil export facilities and upgrades to the existing crude export network, valued at approximately $988 million.

22/08/2026Brunei’s BFI Signs FEED Contract with thyssenkrupp Uhde for Ammonia Export Infrastructure Expansion

Brunei’s BFI has signed a FEED contract with Germany’s thyssenkrupp Uhde for a new cryogenic ammonia storage tank and export terminal to expand its ammonia and urea complex’s export capacity.

22/08/2026Gansu’s Largest Silicon-Fluorine New Materials Project Begins Commissioning in August

Gansu Juhua New Materials, a Zhejiang Juhua Group subsidiary, has begun commissioning on its integrated silicon-fluorine new materials project in Yumen, Gansu’s largest single industrial investment.

22/08/2026China’s Shandong Heze 212.5MW Wind Power EPC Contract Signed, Valued at RMB 1.23 Billion

HZHS Clean Energy, a Shandong Hi-Speed New Energy Group subsidiary, has signed an EPC contract with China Energy Engineering Anhui Electric Power Construction for a 212.5MW wind farm in Heze, Shandong.

22/08/2026Saudi Aramco Launches EPC Work on Uthmaniyah Gas Compression Plant — First Project Under National EPC Champion Program

Saudi Aramco’s Uthmaniyah gas compression plant project is reported to have entered the EPC (Engineering, Procurement and Construction) execution phase. SNSH, a joint venture between Italy’s Saipem and local firm Nasser Saeed Al-Hajri and Partners Company for Contracting (NSH), reportedly won the contract, with total contract value estimated at around $1.24 billion.

22/08/2026Thailand’s EGAT Signs MOU with Japan’s JERA to Develop Hydrogen and Ammonia Value Chain for Power Generation

Thailand’s state-run Electricity Generating Authority of Thailand (EGAT) has reportedly signed a Memorandum of Understanding (MOU) with Japan’s largest power generation company JERA to develop a hydrogen and ammonia value chain for power generation.

22/08/2026China’s Tainenghua to Build RMB 11 Billion Integrated Iron Phosphate and Titanium Dioxide Projects in Gansu and Guizhou

China’s chemical materials company Tainenghua (钛能化学, 002145.SZ) has reportedly announced plans to build new production facilities for iron phosphate and titanium dioxide in Gansu and Guizhou provinces, with combined investment exceeding RMB 11 billion.

22/08/2026HD Hyundai ENF Begins Commercial Operation of LNG Cogeneration Plant in Daesan Industrial Complex, Supplying Direct Power to 14 Tenant Companies

HD Hyundai ENF, a subsidiary of HD Hyundai Oilbank, has reportedly begun commercial operation in August of the LNG cogeneration power plant it was building in the Daesan Industrial Complex in Seosan, South Chungcheong Province.

22/08/2026China’s Gulei Ethylene Project in Fujian Completes Mid-Transfer for World’s Largest Single Ethylene Unit

The Sino-Saudi Gulei ethylene project, a joint venture between China’s Sinopec and Saudi Aramco, reportedly completed high-standard mid-transfer on June 18, with an ethylene facility of up to 1.8 million tons annual capacity — the world’s largest single ethylene unit.

22/08/2026Government Approves ‘Yeosu No. 1’ Petrochemical Business Realignment — 1.39 Million Tons of NCC Capacity Cut, KRW 700 Billion Support Package

South Korea’s Ministry of Trade, Industry and Energy reportedly gave final approval on July 20 to the ‘Yeosu No. 1’ petrochemical business realignment plan submitted jointly by Yeochun NCC, Lotte Chemical, Hanwha Solutions, and DL Chemical.

22/08/2026Indonesia’s Balikpapan Refinery Upgrade (RDMP) Completed — First New Refining Facility in 32 Years

Indonesia’s state-owned energy company Pertamina’s Balikpapan refinery upgrade project, RDMP, reportedly held its official completion ceremony on January 12, marking Indonesia’s first new refining facility completion in 32 years.

22/08/2026UAE’s 2.6GW Taweelah C Combined-Cycle Power Plant: Energy China Consortium Wins $1.68 Billion EPC Contract

A consortium led by subsidiaries of China’s state-owned Energy China has reportedly won the EPC contract for the 2.6GW ‘Taweelah C’ combined-cycle power plant project in Abu Dhabi, UAE, valued at approximately $1.687 billion.

22/08/2026Oman’s State Oil Company Signs Six-Year EPC Framework Agreement with L&T

L&T Energy Hydrocarbon Onshore, a subsidiary of India’s Larsen & Toubro, has reportedly signed a six-year EPC framework agreement with Petroleum Development Oman (PDO), announced on July 31, 2026.

22/08/2026China Energy Investment Corporation’s Langfang Cogeneration Plant Phase 2 Enters Full-Capacity Commercial Operation

The second phase of the Langfang cogeneration power plant in Hebei Province, operated by Guodian Power, a subsidiary of China Energy Investment Corporation, has reportedly entered full-capacity commercial operation.

21/08/2026US-Saudi Consortium to Invest $5 Billion in New Refinery Bypassing the Strait of Hormuz

A consortium of US and Saudi Arabian companies has announced it will invest $5 billion (about KRW 6.9 trillion) in the first phase of a new refinery designed to bypass the Strait of Hormuz. The refinery will have a capacity of 200,000 barrels per day (bpd), with the final site expected to be confirmed by the end of 2026.

21/08/2026China’s Hainan Changjiang Nuclear Plant Unit 3 Connects to Grid Using Hualong One Technology

Unit 3 of the two-unit Changjiang Nuclear Power Plant in China’s Hainan Province was connected to the power grid on August 1, according to local media reports. The reactor uses China’s indigenously developed third-generation Hualong One (HPR1000) technology, marking the first application of Hualong One in Hainan Province.

21/08/2026Indonesia’s First Coal-to-Methanol Plant: $2.3 Billion FEED and EPCC Contract

Construction of Indonesia’s first coal-to-methanol conversion plant is moving forward in the Bengalon area of East Kutai, East Kalimantan Province. Project developer PT Bumi Etam Chemical announced on July 29 that it had signed a FEED and EPCC framework agreement with China’s CNCEC.

21/08/2026Vietnam’s Dung Quat Refinery Expansion: BSR Begins $600 Million International Financing

Binh Son Refining (BSR), a subsidiary of Vietnamese state oil company Petrovietnam, has begun procedures to arrange $600 million in international financing for the expansion of the Dung Quat refinery, it was reported on August 10.

21/08/2026Hyundai Engineering & Construction Secures Priority EPC Rights for 8 TerraPower Natrium Reactors

Hyundai Engineering & Construction announced on August 18 that it has been selected as a partner for the next-generation nuclear power plant construction program of US nuclear company TerraPower, also securing EPC partnership rights for up to eight additional follow-on reactors.

21/08/2026260821-3 인도네시아 첫 석탄-메탄올 플랜트, 23억 달러 규모 FEED·EPCC 계약

인도네시아 동칼리만탄주 동쿠타이 벵갈론 지역에서 인도네시아 최초의 석탄-메탄올 전환 플랜트 건설이 추진된다. 사업 주체인 PT Bumi Etam Chemical은 지난 7월 29일 중국 CNCEC(China National Chemical Engineering)와 FEED(Front-End Engineering Design, 기본설계)·EPCC(Engineering, Procurement, Construction and Commissioning, 설계·조달·시공·시운전) 프레임워크 계약을 체결했다고 밝혔다. PT Bumi Etam Chemical은 인도네시아 석탄기업 Bumi Resources(BUMI) 산하 Arutmin과 KPC의 합작법인이라고 전해진다. 이번 프로젝트에는 PT […]

21/08/2026260821-2 中 하이난 창장원전 3호기 계통연결…화룽이호 기술 적용

중국 하이난성 창장(昌江)원자력발전소 2기 사업 중 3호기가 지난 8월 1일 전력망에 계통연결(그리드 커넥션)됐다고 현지 매체들이 보도했다. 이 원전은 중국이 독자 개발한 3세대 원자로 기술인 화룽이호(華龍一號, Hualong One/HPR1000)를 적용한 것으로, 하이난성 최초의 화룽이호 적용 사례라고 전해진다. 창장원전 3호기는 중국 화능(China Huaneng)이 발주·운영하는 사업으로, 120만kW(킬로와트)급 규모다. 창장원전 2기 사업은 총 2개 호기로 구성돼 있으며, 이번에 계통연결된 3호기가 […]