Restart of nuclear reactors in Japan, growing renewable sources of energy and a slow economy are expected to push down the country's LNG consumption by 2020 by as much as 10.5% from 2014 levels, Eclipse Energy said this week. Japan's LNG ...
Tags: nuclear reactors, LNG
After more than doubling its strategic oil reserves since last year, China may apply the brakes to its buying spree as storage availability is expected to be limited, while a climate of depressed prices will reduce any urgency to snap up ...
Tags: Oil Reserve, crude, oil price
US methanol imports in October were nearly 50% lower than the year-ago month as expanded domestic capacity has impacted import demand, according to data released by a trade group on Thursday. October US methanol imports reached 249,000 ...
Russian-origin styrene butadiene rubber 1502 grade was seen being offered at prices similar to offers from mainland Europe this week eroding the Eur50-200 spread between product from the two sources through 2015, trade sources said. ...
Tags: styrene butadiene rubber, SBR-1502
The government of Neuquen, a southwestern province of Argentina, said Monday it has approved ExxonMobil's investment plan for developing shale resources in the Bajo el Choique and La Invernada blocks. The company will work with Gas y ...
Tags: shale, GyP, natural gas
Crude futures fell Friday after the International Energy Agency said global oil markets will remain oversupplied at least through 2016. NYMEX January crude settled $1.14 lower at $35.62/b. ICE January Brent settled down $1.80 at $37.93/b. ...
Unseasonably strong gasoline demand is proving for US refiners to be the gift that keeps on giving this holiday season, as support from seasonal diesel demand is tamped down by record high temperatures across much of the US. Gasoline ...
A research team headed by Ivy Hsu, Professor at Department of Bioscience Technology of Chung Yuan Christian University is betting on using LEDs to replace expensive laser lights in cancer surgery, reported CTimes. The professor announced ...
Tags: LED light, Laser Light
Nestle Zimbabwe has commissioned a milk powder plant following its $8m renovation in order to increase production capacity. The refurbishment has enhanced the plant's capacity from 900kg to 1,600kg for creamer and from 900kg to 1,500kg ...
Tags: Milk Powder, Nestle
LyondellBasell, one of the world's largest plastics, chemical and refining companies, today announced that it has entered into a definitive agreement to acquire the polypropylene (PP) compounding assets of Zylog Plastalloys (Zylog) of ...
Tags: LyondellBasell, PP compounds
The Singapore Exchange is increasingly taking on a bigger share of coking coal futures volume, latest trade data showed Tuesday. The SGX's FOB Australia Premium Coking Coal Futures contract made up 285,000 mt in trade November, up from ...
Tags: SGX, Coking Coal, iron ore, thermal coal
Polyethylene shipments from Singapore to India are expected to pick up in the long term following a free trade agreement taking effect December 1, sources said Friday. But sources in both markets do not expect this to have much impact ...
Tags: Polyethylene, Polymer, LLDPE plant
The Northwest European styrene monomer premium over feedstock costs has increased by Eur14/mt in December on the month, a rise of 6%, Platts calculations show. The premium hit a 2015 low in November. The December styrene contract price ...
Tags: styrene, ethylene, Ethyl-benzene
Vietnam National Coal-Mineral Industries, or Vinacomin, plans to import 1.5 million-2 million mt of coal in 2016, up from about 500,000 mt this year, the company said Thursday. Vinacomin's coal imports are expected to hit 10 million mt in ...
Ukraine is seeking extra imports of anthracite coal from South Africa and other sources on looming shortages after supplies from Russia and territories controlled by pro-Russian separatists in Donetsk and Luhansk regions were suspended, ...
Tags: Coal, anthracite, natural gas