Australia's Woodside Petroleum is remaining tight-lipped on the impact of the Israeli cabinet's decision to allocate up to 50% of any gas field's reserves to the domestic market. "We look forward to considering the detail of the gas ...
Tags: Leviathan Deal, Gas Export
US spot benzene reached a 10-month low assessment Tuesday at $4.17/gal ($1,246.83/mt) FOB US Gulf Coast. Spot benzene was last assessed below this level on August 29, 2012 at $4.16/gal FOB USG. Since then, benzene prices have risen as ...
Crude oil futures settled slightly higher Tuesday as a pipeline shutdown in Alberta, Canada, and escalating tensions in the Middle East lent the complex a bullish note, amid rising equities markets. NYMEX August crude settled 14 cents ...
Tags: Crude Futures, Crude oil
The CFR China phenol price was mostly hovering below producers' breakeven costs for the last eight months due to high supply and weak demand, and there was little chance for respite with new capacity coming on stream. This is just the ...
Tags: CFR Phenol Price, Chemicals
Israel's Supreme Court has given the government 15 days to respond to an appeal by four Knesset members and four environmental and political organizations against the government's authority to decide on the export of offshore gas reserves, ...
Tags: Gas Export, Supreme Court
The Adhesive and Sealant Council (ASC) has named Connie Howe senior manager, technical services to oversee its technically oriented programming including short courses, Training Academy, and Advanced Technology Link. Howe will also serve as ...
Qatar will use a mix feed of ethane and natural gas liquids as feedstock for two upcoming petrochemical projects, a company source said Monday. The first project involves Qatar Petroleum and Royal Dutch Shell. The two companies signed a ...
US spot mixed xylene prices have fallen a total of 11 cents ($33.33/mt) since June 17, last assessed Friday at $3.90/gal ($1,181.70/mt) FOB US Gulf Coast, which sources attributed to bearish demand and a weaker energy complex. MX prices ...
Tags: Mixed Xylene, Chemicals
Japan's Tokyo Electric Power Company is expected to settle its July 2013-June 2014 term contract to buy thermal coal from Australian miners at a floating price linked to the globalCOAL Newcastle index, a Japanese utility source said Monday. ...
Tags: Electric Power, Tepco
Kinder Morgan's Wyoming Interstate Monday proposed a settlement agreement that would cut rates on its natural gas pipeline system and end the US Federal Energy Regulatory Commission's investigation into its rates. The deal would phase in ...
Tags: Gas Pipeline, Ferc Investigation
China's state-owned refiners plan to run their refineries at around 81% of capacity in June, a rise of three percentage points from 78% in May, Platts monthly survey showed Monday. The survey this month covered 11 Sinopec refineries, ...
Tags: China Refiners, Sinopec, PetroChina
The US Supreme Court declined Monday to hear an appeal from refiners and other groups to overturn a lower-court decision denying its challenge to the Environmental Protection Agency's partial approval of the ethanol/gasoline blend E15. ...
Process engineers, plant and production professionals attending the 2013 Chem Show in New York City this December 10-12th can learn valuable consulting tips courtesy of the Association of Consulting Chemists and Chemical Engineers (ACC&CE), ...
Tags: Chemicals
NRG Energy said Monday that it would add the ability to burn natural gas at two of its power plants located within the PJM Interconnection and expects to announce plans to add gas-fired capability at many more plants. The company will add ...
Tags: Gas Capability, Chemicals
Montreal-based Enerkem has raised a further C$50 million ($48.2 million)to move forward with its waste-to-ethanol technology, the company said lateThursday. The new investment brings the total equity raised by Enerkem this yearto C$87 ...