Petrochemicals
South Korea's LG Chem to import Russian naphtha
The country's Industry Ministry had earlier confirmed the shipment, including its size, but did not disclose the importing company's name.
Natural gas liquids exports reached record highs in 2025
NGL plant production has increased every year since 2005, driven by higher production of NGLs and more global demand for NGLs, especially as petrochemical feedstocks.
Iran war chokes petrochemical supply, sends plastic prices soaring
About $20 B–$25 B worth of petrochemical products pass through the Strait annually, underscoring the fact that continued disruptions to this flow would push producers to pass the higher costs on to consumers.
TotalEnergies, EDF sign long‑term partnership for low‑carbon electricity supply for TotalEnergies’ France refining and chemicals sites
Under this agreement, EDF will allocate to TotalEnergies a share of the output of its operating nuclear fleet.
South Korea enforces naphtha export ban amid Middle East supply disruptions
The move requires refiners to divert export volumes to the local market and give the government powers to order production and allocation of naphtha, a key petrochemical feedstock used in chips, autos, plastics and everyday goods.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
