Aramco Far East (Beijing) Business Services, or Aramco Asia, has started offering polyolefins produced by Fujian Refining and Petrochemical in China effective January 1, its parent Saudi Aramco said late Monday. Aramco Asia will ...
Tags: Aramco Far East, polyolefins, Fujian Refining and Petrochemical
A new report from Deloitte,entitled"Mergers and Acquisitions in the Oil and Gas Industry—Current upstream M&A issues and transaction considerations",looks at the factors affecting investment in Iraq: "Iraqi production,which has ...
Tags: Iraq, Oil and Gas Industry
Shell Chemical and Dow Chemical plan to implement 10-cent increases in their off-list US prices for isopropyl alcohol in mid-January, according to notices sent to customers Wednesday and obtained by Platts Thursday. The Shell price hike ...
Tags: Shell Chemical, Dow Chemical, Chemicals, 10-cent increases
BP signed a heads of agreement Wednesday with Indonesia's state-owned power utility Perusahaan Listrik Negara to supply 23.96 million mt of LNG over 20 years, starting 2013, Jero Wacik, the energy and mines minister who is also the head of ...
ExxonMobil has commenced startup operations at one of the world’s largest ethylene steam crackers, the centerpiece of the company’s multi-billion dollar expansion project at its Singapore petrochemical complex. The expansion, ...
Tags: ExxonMobil, startup operations, ethylene steam crackers
Mr Adam Sieminski chief of the US Energy Information Administration noted that the boost in oil extract in the last 150 years. Oil extraction will increase 760,000 barrels daily the highest increase since 1959. Oil extraction is expected ...
Tags: oil extraction, oil, energy resources, oil industry
Norway's Statoil and partner ExxonMobil have made a third gas discovery offshore Tanzania, Statoil said Friday. The well in block 2 is part of a four-well drilling program. The next well will be the appraisal of Zafarani discovery, ...
Tags: Statoil, ExxonMobil, gas discovery, Zafarani discovery
Norwegian energy firm Statoil found more gas offshore Tanzania, its third discovery in the country this year, putting it closer to having the resource needed to make commercial development viable. Statoil and partner ExxonMobil found more ...
Tags: Statoil, ExxonMobil, gas offshore, oil
Reuters reported that LUKoil had decided not to join the development of Iraq's West Qurna-1 oil field,citing high risks,paving the way for Chinese companies to enter the project. LUKoil oversees the largest share of oil reserves in ...
Tags: Mineral, Energy, Qurna-1 oil field
The Securities and Exchange Commission (SEC) has rejected industry groups’ request to put on hold mandates that force companies operating in extractive industries to disclose payments made to foreign governments. Led by the American ...
Tags: SEC, extractive industries, Petroleum, Oil
US domestic polypropylene contracts for December were expected to rise 1 cent/lb ($22/mt) from November to around 66-67 cents/lb for homopolymer injection, in line with a similar uptick taking place in the monomer market, sources said ...
Tags: polypropylene, polymer grade propylene, polypropylene market
An oil field off the Nigerian coast with substantial reserves and potential risks has become the latest foreign prize scooped up as part of China Petrochemical Corp.'s African expansion campaign. The state owned oil gorilla better known ...
Tags: oil field, oil, China Petrochemical Corp, oil industry
Petrochemical company in the US ExxonMobil has unveiled new metalized, surface-printable oriented polypropylene film Label-Lyte 50ML580, which is suitable for applications such as beverages, health and beauty care and household products. ...
INVISTA has promoted Kevin Robles to senior vice president of global operations. In this role, Robles will assume operational responsibility for the company's 34 nylon, spandex, polyester and specialty chemical manufacturing facilities in ...
RIA Novosti reported that Russian and US oil majors Rosneft and ExxonMobil signed an agreement to jointly explore the commercial potential of oil fields in Western Siberia. The two companies will create JV in which Rosneft will hold 51 ...
Tags: commercial potential of oil fields, ExxonMobil, energy exploration