Qatar Petroleum enlists Chevron Phillips Chemical for huge petrochemical project
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DOHA (Reuters) - Qatar Petroleum signed an agreement with Chevron Phillips Chemical Co on Monday to develop a new petrochemicals complex at Ras Laffan Industrial City.Chevron Phillips Chemical - a joint venture of Chevron Corp and Phillips 66 - will own a 30% stake in the complex, with the rest owned by Qatar Petroleum, the Qatari energy company's chief executive Saad al-Kaabi told a news conference in Doha.Middle East oil producers are expanding further into petrochemicals, seeking to capture..