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 ...
Artlant, Europe's largest purified terephthalic acid producer, is in the process of searching for an investment partner or buyer for the business, a source close to the company said Thursday. As a result, any plans to start up production ...
Tags: Artlant, Terephthalic Acid, PTA
The US vinyl acetate monomer market is seeing a tightening of supply that will likely push pricing higher through the first quarter of 2016 despite falling feedstock prices and a weaker energy sector, sources said. US VAM increased $20/mt ...
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
Australia-listed Stanmore Coal has appointed mining contractor Golding to restart production at its Isaac Plains mine in the first half of 2016, the miner said in a statement to the Australian Securities Exchange Thursday. Stanmore ...
Tags: thermal coal, coal
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
Changes to the UK renewable energy subsidies, including programs such as Feed-in Tariff scheme and Renewable Obligation, will contribute a total reduction of GBP500 million-GBP600 million ($746 million-$895 million) from the Levy Control ...
Tags: Renewables Energy, fuel, climate change
The US fuel oil hi-lo, the spread between US Atlantic Coast 1%S fuel oil and US Gulf Coast 3%S fuel oil, fell below $1/b Thursday for the first time since October on an expected lack of demand for power generation. Platts assessed USAC ...
European exchange-traded gas volume rose to a record in November on the back of a steep increase in NBP and TTF activity, with total gas traded volume rising above 4,000 TWh for the first time in eight months, data compiled by Platts ...
Tags: gas
Demand for natural gas and therefore liquefied natural gas from Chile's power industry collapsed in November following a sharp increase in the availability of cheap hydroelectricity after a wet winter and spring, energy ministry data show. ...
Tags: natural gas, electricity, fuel
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
China's power use, a key barometer of economic activity, ended a two-month falling streak in November by edging up 0.6 percent from one year earlier as the economy showed signs of stabilization, according to data released Wednesday. ...
Tags: Electricity, Power, economy