all things petrochemicals
Highlights Reflects fallout from February deep freeze on USGC Q1 imports jump 23.6% on year US caustic soda exports in the first three months of 2021 fell 3% from the year-ago period, although month-on-month outflows in the quarter showed a sharper decline amid chlor-alkali shutdowns
US crude oil inventories for the week ended Apr. 30, excluding the Strategic Petroleum Reserve, decreased by 8 million bbl from the previous week, according to data from the US Energy Information Administration. At 485.1 million bbl, US crude oil inventories are 2% below the
Proven oil and gas reserves of the group of major companies referred to as Big Oil (ExxonMobil, BP, Shell, Chevron, Total, and Eni) are falling, as produced volumes are not being fully replaced with new discoveries, according to Rystad Energy. Big Oil lost 15% of
Tehran — Iran needs to focus on developing its refining and petrochemical sectors, so that it eventually does not have to export crude and expose itself to international sanctions, according to the country’s former oil minister Rostam Ghasemi, who is now running for president. Not
Highlights April exports lowest since Nov 2020: Kpler Pakistan, Yemen, Saudi Arabia taking gasoline Record naphtha shipments to South Korea Dubai — Oil product stockpiles at the Port of Fujairah on the UAE’s east coast climbed for a third week to the highest this year,
Highlights 4,006 ships currently fitted with scrubbers: BIMCO Singapore Hi-5 spread mostly above $100/mt to date in 2021 HSFO sales supported, although zero-carbon fuels gaining traction A second wave of scrubber installations will likely sweep the marine industry as the price differential between high sulfur
Houston — US polymer producer Total Petrochemicals & Refining USA ‘s production unit at La Porte, Texas, successfully restarted in March, and each production line continues to run at capacity, according to a letter sent by the company to its customers May 3. Not registered?
Diversified Gas & Oil PLC has agreed to acquire certain Cotton Valley upstream assets and related infrastructure primarily in Louisiana from Indigo Minerals LLC for $135 million (gross). The deal is a first for Diversified’s new central regional focus area where it expects to replicate
APA Corp., Houston, reached an agreement in principle with Egypt’s Ministry of Petroleum and Mineral Resources (MOP) and the Egyptian General Petroleum Corp. (EGPC) in support of the MOP’s efforts to modernize the country’s petroleum sector. The new Production Sharing Contract (PSC) will consolidate most
Var Energi has let a 3-year inspection services contract to a partnership of DNV and Vinde Tilkomstteknikk. The contract will cover inspection services to the oil and gas operator’s portfolio of assets on the Norwegian continental shelf. DNV will be primarily responsible for conducting inspection