South Korea's S-Oil nominated its paraxylene Asia Contract Price for March at $1,750/mt, up $65/mt from its February settlement, sources close to the negotiations said Monday. There are four ACP sellers in Asia -- ExxonMobil, Idemitsu ...
Tags: South Korea, S-Oil, oil
ExxonMobil nominated its March US butadiene contract price at 86 cents, up 3 cents/lb ($66/mt), sources said Thursday. ExxonMobil spokeswoman Margaret Ross declined to comment. Market expectations have been for March US ...
Tags: ExxonMobil, butadiene contract price, butadiene supply
Oil giant ExxonMobil has reportedly hired former U.S. ambassador to Iraq, James Jeffrey (pictured), as a consultant. The company was recently told that it must choose between working in Iraq’s southern oilfields, where it operates ...
Tags: Exxon, Former US Ambassador, Iraq
The Wisconsin Department of Natural Resources (WDNR), the American Chemistry Council's (ACC) Flexible Film Recycling Group (FFRG), and GreenBlue's Sustainable Packaging Coalition (SPC) have signed a Memorandum of Understanding (MOU). The ...
For the third year in a row, some ExxonMobil shareholders want a vote on a proposal requiring the Irving, Texas, company to report its progress on limiting the environmental damage and community impact of hydraulic fracturing. New York ...
Genesis Energy plans to spend about $125 million on new rail and pipeline infrastructure to connect ExxonMobil's Baton Rouge, Louisiana, refinery to more than 500,000 b/d of new crude supply, the midstream company said in a statement ...
The four paraxylene Asia Contract Price-based sellers, ExxonMobil, Idemitsu Kosan, JX Nippon Oil and Energy and S-Oil, who typically lower their nominations to meet bid levels have not done so for the February ACP as spot prices have ...
Tags: paraxylene, ExxonMobil, Idemitsu Kosan, JX Nippon Oil, Energy and S-Oil
The February US butadiene contract price settled at a rollover from January at a 76-83 cents/lb ($1,676-$1,830/mt) split settlement, sources said Monday. Shell Chemical, TPC Group and LyondellBasell settled at 76 cents/lb, while ...
Tags: butadiene contract price, US, chemicals
TPC Group nominated its February US butadiene contract price at a rollover from its January contract price of 76 cents/lb ($1,676/mt), sources said Friday. TPC Group was unavailable to immediately comment. Market expectations ...
ExxonMobil's Papua New Guinea LNG plant is on schedule to start up and ship its first LNG in 2014, Peter Botten, Managing Director of minority project shareholder Oil Search, said at a conference Thursday. The 6.9 million mt/year, ...
Tags: ExxonMobil, Oil Search, natural gas
ExxonMobil nominated its February US butadiene contract price unchanged from January as 83 cents/lb ($1,830/mt), sources said Wednesday. ExxonMobil was unavailable to confirm immediately. Market expectations were for a rollover ...
Prime Minister Nouri al-Maliki held talks with ExxonMobil chief Rex Tillerson (pictured) on Monday. AFP reports that the meeting was the first between the two since the firm signed an oil exploration agreement with Kurdistan in October ...
Tags: Maliki, Exxon Boss, Rex Tillerson, oil exploration agreement
UK-based IGas Energy has successfully completed a share placing announced earlier Tuesday. A total of 24,330,730 new ordinary shares were sold at the placing price of GBP0.95 ($1.52) with new and existing institutional investors, it said in ...
Tags: IGas Energy, energy, company news
US steam cracker margins climbed week-on-week as ethylene prices reacted to the news of planned and unplanned outages in the US Gulf Coast region. ExxonMobil suffered an upset at its Baytown, Texas, olefins plant Tuesday. Westlake ...
Tags: US, Ethylene Margins, ethylene prices, Production Outages, Feedstocks
The newly appointed chairman of Indonesia's special taskforce for the upstream sector will focus on various issues during his tenure, among them increasing oil and gas production and boosting reserves, he told Platts Monday. Rudi ...
Tags: Indonesia, Skkmigas, Oil, Gas Production