Brazil's Braskem has been buying bigger volumes of naphtha from Europe in recent days due to low stocks in Brazil as the petrochemicals producer continues to negotiate with Brazilian state-led oil company Petrobras over the terms of a ...
Shell Chemical is exploring a project to expand its olefins plant in Deer Park, Texas, and increase its ethylene production, the company said Wednesday. "Shell is evaluating a proposed expansion of ethylene production at the existing ...
New Orleans bunker fuel remained in short supply Thursday, which has caused high-sulfur product prices in that port to spike relative to the nearby and competing Houston market. New Orleans IFO 380 3.5%S was assessed at $205/mt ex-wharf ...
Coal shipment volumes originated on US railroads were relatively flat week on week, Association of American Railroads data showed Wednesday. For the week that ended Saturday, the AAR said a total of 92,934 coal carloads traveled US ...
Tags: Coal, Coal carload volumes
The 20-year cost of the Midcontinent Independent System Operator's compliance with the US Clean Power Plan could be as little as $5.8 billion to as much as $104 billion in today's dollars, depending on which strategies are pursued, ...
Tags: Clean Power, natural gas
The Asian gasoil market saw a sharp reversal in fortunes this month as higher exports from India and North Asia and weakness in Europe, despite the cold season, clamped shut arbitrage outflows from Asia, resulting in a buildup in supply ...
Tags: Gasoil, sulfur gasoil
France's oil giant Total and international trading firms Trafigura and Vitol were among 21 companies handed crude oil term lifting contracts for 2016 by state oil firm Nigerian National Petroleum Corp, NNPC said Thursday. "NNPC issued ...
Tags: Crude Oil, oil trading
Crude futures settled Thursday at multi-year lows on a stronger US dollar and persistent concerns about oversupply. NYMEX January crude settled down 57 cents at $34.95/b, lowest front-month settle since February 2009. ICE February Brent ...
Tags: Crude, ULSD, crude stocks
Volunteers of the second World Internet Conference are shown wearing Chinese style blue coats while debuting at Wuzhen, east China's Zhejiang Province. These volunteers will serve the conference from December 16-18. [Photo: Imagine China] ...
Chinese President Xi Jinping delivers a keynote speech at the 2nd World Internet Conference in Wuzhen, east China's Zhejiang Province on Wednesday, December 16 2015. [Photo: Xinhua] Chinese President Xi Jinping on Wednesday lashed out at ...
Tags: Cyberspace, WIC, Double Standards
The Chinese mainland's Taiwan affairs office on Wednesday reiterated that it opposed a potential arms deal between the United States' and the island. "We resolutely oppose any countries that sell weapons, related equipment or technology ...
Tags: arms deal, China-U.S.relations
Chinese President Xi Jinping met with Kazakh Prime Minister Karim Massimov on Wednesday in east China's Zhejiang Province, calling for closer economic cooperation between the two countries. Congratulating Massimov on Kazakhstan's ...
Tags: economic cooperation, trade liberalization, Silk Road Economic Belt
An illustration of unmanned submersibles Qianlong No. 1. [Photo: people.com.cn] A specialist Chinese vessel carrying unmanned submersibles Qianlong No. 1 and No. 2 set off on a 170-day scientific expedition in the southwest Indian Ocean ...
Tags: unmanned submersibles
Chinese President Xi Jinping has called for Internet access to be expanded worldwide and for more international cooperation to manage content and ensure legality online. "More nations and people should be given the chance to ride the fast ...
Tags: Internet, Int'l Cooperation, Cyberspace
China Southern Airlines Wednesday became the first airline to operate a year-round direct link between the Chinese mainland and New Zealand's South Island. The new three-times-a-week service officially opened when a Boeing 787 Dreamliner ...