all things petrochemicals
Highlights Broader conditions outlook mixed Power prices reflect weather, gas trends The Texas manufacturing sector accelerated its expansion in November, a new survey from the Federal Reserve Bank of Dallas released Nov. 29 shows, which appears to be reflected in year-on-year increases in power demand
Highlights Jafurah field could yield up to 2 Bcf/d of gas at peak Output will also support chemicals, hydrogen production Aramco says shale gas will reduce oil used for electricity Saudi Aramco expects its Jafurah shale play to yield up to 2 Bcf/d of gas,
Highlights BASF sees own power consumption triple from 9 TWh/year Gradual switch to renewables for 2050 net zero goal Engie PPA, BASF’s existing activities focus on wind German chemicals company BASF has signed a 25-year power purchase agreement (PPA) with French utility Engie for renewable
A bearish sentiment is expected to dominate the European butane and gasoline markets as COVID-19 infections surge, while petrochemicals demand could support naphtha. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Gasoline ** The bearish sentiment in the Northwest
Highlights Sinopec raises utilization rate despite maintenance Independents’ run rates boosted by good margins December run rates likely stable In line with market expectations, the average utilization rate at China’s four state-owned refiners rebounded by two percentage points to 82.6% in November, from a five-month
The US Bureau of Safety and Environmental Enforcement (BSEE) continues to work with offshore operators and other state and federal agencies following Hurricane Ida’s passage through Louisiana. It will continue response until operations return to normal and the storm is no longer a threat to
HEQ Deepwater, Houston, closed a deal Aug. 25 to acquire a 20% working interest in the ultra-high-pressure Shenandoah development in the US Gulf of Mexico from an affiliate of Beacon Offshore Energy II LLC. The company was formed this year by Quantum Energy Partners and
Offshore oil and gas operators in the US Gulf of Mexico evacuated platforms and rigs ahead of Hurricane Ida over the weekend. Hurricane Ida, a category 4 storm, made landfall near Port Fourchon, Louisiana around noon Sunday, Aug. 29, with maximum sustained winds of 150
Offshore oil and gas operators in the US Gulf of Mexico continued preparations ahead of Hurricane Ida over the weekend. Hurricane Ida, a category 4 storm, is expected to make landfall in Southeast Louisiana by late afternoon, Sunday, Aug. 29, with sustained winds of 150
Offshore oil and gas operators in the US Gulf of Mexico are evacuating platforms and rigs ahead of Hurricane Ida. Tropical Storm Ida strengthened to hurricane status Friday afternoon, Aug. 27. Ida continues to strengthen. It is moving northwest at 15 mph and has winds