Americas
Power interruption prompts flaring at Chevron Phillips' Baytown plant
Chevron Phillips was utilizing the safety flare system at its Baytown, Texas, chemical plant following a power interruption.
Shell USA and Shell Midstream Partners reach a definitive merger agreement
Shell USA and Shell Midstream Partners announced they have executed a definitive agreement and plan of merger pursuant to which Shell USA will acquire all of the common units representing limited partner interests in SHLX.
BASF confirms final phase of MDI expansion at Geismar Verbund site
BASF is moving forward with the final phase of the expansion project for the methylene diphenyl diisocyanate (MDI) plant at its Verbund site in Geismar, Louisiana.
Industry Perspectives
In 1H 2022, new capital projects have declined 19% vs. 1H 2021.
Clean energy start-up reveals plan for $800 MM renewable fuels facility in Port Allen
Arbor Renewable Gas is evaluating West Baton Rouge Parish for a planned $800 MM manufacturing and distribution facility employing carbon capture and sequestration emissions-reduction technology.
Under U.S. sanctions, Iran and Venezuela sign 20-year cooperation plan
Iran and Venezuela, oil producers grappling with crippling U.S. sanctions, signed a 20-year cooperation plan in Tehran, with the Islamic Republic's supreme leader saying the allies would continue to resist pressure from Washington.
Solvay seen starting polymer expansion in Ohio plant
Solvay has started works related to expansion plans that include installing equipment to increase sulfone polymers capacity at its plant in Marietta, Ohio.
North American PP market to see two startups, challenged demand in 2022
North American polypropylene producers won´t see this year a repeat of 2021, when stronger-than-expected demand as the pandemic eased after vaccines met extreme supply tightness.
Chevron and KazMunayGas announce collaboration on lower carbon opportunities
Chevron Corporation, through its subsidiary Chevron Munaigas Inc. and KazMunayGas have announced an MoU to explore potential lower carbon business opportunities in Kazakhstan.
U.S. commercial crude stocks build, SPR posts record drawdown as refiners ramp up
U.S. commercial crude oil inventories rose unexpectedly last week, while crude in the Strategic Petroleum Reserve fell by a record amount as refiners ramped up production to pre-pandemic levels.
- U.S. EIA forecasts new export licensing requirements will reduce U.S. ethane exports 6/18
- Nigeria to export first gasoline cargo to Asia from Dangote refinery 6/18
- Indian refiners cancel palm oil orders for July-September as prices surge 6/18
- U.S. set to object to green jet fuel recommendation at UN aviation council 6/18
- Phoenix Contact introduces intrinsic safety versions of the MINI Analog Pro Ex conditioners for hazardous areas 6/18
- EIA: U.S. crude inventories fall by most in a year, fuel stocks build 6/18
