Category: Featured News
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Germany’s BASF scoops second China chemicals deal in four months
Chemical giant BASF said on Monday it had signed a memorandum of understanding (MoU) with China's Sinopec Corp to build a steam cracker in east China, the second major investment … ›
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Whole Foods removes packaging with a cancer-linked chemical from its stores
Whole Foods Market has eliminated a cancer-linked chemical from the packaging it uses in its stores, the company said. The Amazon.com-owned … ›
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U.S. intends more sanctions on Russia over chemical weapons
The U.S. State Department intends to impose more sanctions on Russia for failing to meet conditions under an international chemical weapons … ›
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Equinor has made a minor discovery, drilled dry well in North Sea
Equinor Energy AS, operator of production license 630, has completed the drilling of wildcat wells 35/10-4 S and 35/10-4 A. The wells were … ›
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Saudis are said to target U.S. with sharp oil export cut
After flooding the U.S. market in recent months, Saudi Arabia plans to slash exports to the world’s largest oil market in the coming … ›
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Occidental CEO wants to keep rigs running even after oil’s slump
Occidental Petroleum Corp. will look for ways to cut costs other than dropping rigs, in response to the recent slump in oil prices, … ›
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Winter Natural Gas Prices Slashed as Long-Range Forecasts Trend Warmer; Spot Gas Tanks
Natural gas futures prices came crashing down Friday as weather models all trended warmer for the rest of December, easing some fears about … ›
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Pennsylvania Regulators Raise Concerns About Mariner East Corrosion, Push for Action
Pennsylvania regulators want Sunoco Pipeline LP to pay a fine and address what they allege is a “statewide concern” about the … ›
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Oilfield in Oman set to get a solar plant to aid its crude production
The plan is for the solar steam to be used as an alternative to steam produced from natural gas. The project could help to save over 800,000 … ›
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Global oil market faces surplus throughout 2019 as demand growth slows
For the first half of 2019, based on its outlook for non-OPEC production and global demand, and assuming flat OPEC production, the IEA said … ›