Counter bids for the April Asian Contract Price for paraxylene are seen to come in at around $1,050-1,100/mt CFR, sources close to the negotiations said Thursday. The four PX ACP sellers in Asia -- ExxonMobil, Japan's Idemitsu Kosan and ...
Tags: Paraxylene, PTA market, PTA producers
The US ethylene market could have six new world-scale steam crackers online by 2017-2019, Dow Chemical's Jim Fitterling said Wednesday. Speaking at the IHS World Petrochemical Conference in Houston, Fitterling announced expansions for the ...
US Gulf Coast crude stocks climbed to their highest level on record in the week that ended Friday, hitting 200.3 million barrels, as growing pipeline capacity from Cushing, Oklahoma, sends barrels surging south, according to data released ...
Tags: Crude Stocks, pipeline capacity, refinery
US March propylene contract prices were fully settled 1.5 cents/lb ($33/mt) lower from February, market sources said Friday. The decrease is the second consecutive decline in contract pricing this year, and puts chemical-grade propylene ...
US commercial crude stocks are expected to have risen 2.3 million barrels for the week ended March 7, according to a Platts analysis and survey of oil analysts Monday. The American Petroleum Institute will release its weekly report at ...
Tags: Crude, commercial crude stocks
Nigerian crude values have been picking up steadily this week on strong US demand for Nigerian and West African crudes, trading sources said Friday. There has been a lot of activity in the past week, with only about 12 out of the 62 ...
Tags: Crude Values, domestic US crudes
The March US butadiene contract price Friday settled up 8-13 cents/lb ($176-$287/mt) from February at a 68-78 cents/lb ($1,499-$1,720/mt) split settlement, sources said. LyondellBasell, Shell Chemicals and TPC Group settled up 8 cents/lb ...
Russian ultra low sulfur diesel exports may struggle to find a home in the UK in the winter after the country's oil importers agreed earlier this month to enact a new test to assess the fuel's filter-blocking tendency, traders said Friday. ...
Shell Chemicals nominated its March US butadiene contract price up 8 cents/lb ($176/mt) from February to 68 cents/lb ($1,499/mt), sources said Thursday. Shell officials could not be reached immediately for confirmation. TPC Group also ...
First production from the Papua New Guinea LNG project is now expected in the third quarter of this year, Australian joint venture partner Santos said Friday as it reported its financial results for 2013. Santos holds 13.5% of the ...
Tags: LNG project, Mineral
US February propylene contract prices were heard to have fully settled 1 cent/lb ($22/mt) lower than for January, sources said Friday. The decrease put chemical-grade propylene at 72 cents/lb and polymer-grade propylene prices at 73.50 ...
Eastern Canada's Nova Scotia government is in favor of the proposed 1.1 million b/d Energy East crude oil pipeline terminating at a deep water port in the province, rather than in neighboring New Brunswick on the Atlantic coast, the ...
Tags: Nova Scotia, Oil Pipeline
Negotiations for the January Asian Contract Price for paraxylene remained slow Friday, the final negotiation day, with neither buyers nor sellers revising their prices to narrow a wide gap, sources close to the talks said. There are four ...
Tags: Paraxylene, Chemicals
Dr. Robert J. Brulle is a professor of sociology and environmental science at Drexel University in Philadelphia A new study conducted by Drexel University's environmental sociologist Robert J. Brulle, PhD, exposes the organizational ...
Tags: Robert J.Brulle, climate change countermovement, climate science
ExxonMobil and its employees and retirees in North Texas raised more than $1.7 million for charitable organizations in the Dallas-Fort Worth area through ExxonMobil’s annual Employees’ Favorite Charities Campaign. Employees ...