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January 13, 2015
China has raised the consumption tax on a range of oil-related products, effective today, the Ministry of Finance (Beijing) says. The tax for products such as gasoline, lubricants, and...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/China-hikes-consumption-tax-on-oil-products_66766.html
January 12, 2015
The chemical industry will, on the whole, benefit in 2015 from lower oil prices, says a leading equity analyst. “We argue that the current fall in oil prices is primarily due to...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Equity-analyst-oil-price-decline-is-good-for-the-chemical-industry_66763.html
January 12, 2015
The United States could more than triple the level of renewable energy in its overall energy by 2030, according to a report published today by the International Renewable Energy Agency...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Report-US-could-triple-renewable-energy-by-2030_66747.html
January 12, 2015
Woodside Energy (Perth, Australia) has signed a memorandum of understanding (MOU) with Adani Enterprises (Ahmedabad, India) to develop liquefied natural gas (LNG) business...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Woodside-signs-deal-with-Adani-to-develop-LNG-business-opportunities_66732.html
January 9, 2015
Oil prices have not been low for long enough to curtail chemical production growth in the United States, IHS Chemical says. Brent crude and West Texas Intermediate (WTI) prices began a...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/IHS-Low-oil-prices-not-yet-curtailing-chemical-production-in-the-US_66714.html
January 8, 2015
Qatar Liquefied Gas Co. (Qatargas) has delivered its first liquefied natural gas (LNG) shipment to PTT (Bangkok), Pailin Chuchottaworn, president and CEO of PTT, said today. The...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Qatargas-delivers-first-LNG-shipment-to-PTT_66641.html
January 7, 2015
Chandra Asri plans to start up a new condensate splitter in Banten Province, Indonesia, in early 2019, the company said today. Naphtha produced by the splitter will be allocated for...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Chandra-Asri-aims-to-bring-new-condensate-splitter-online-in-2019_66351.html
January 6, 2015
Yeochun NCC (YNCC; Seoul) has been feeding 10% liquefied petroleum gas (LPG) into the company's No. 1 naphtha cracker at Yeosu, South Korea, since 1 January, a source close to the...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Yeochun-NCCs-No-1-cracker-starts-using-10-percent-LPG_66570.html
January 5, 2015
Magnolia LNG (MLNG; Perth, Australia) has signed a technical services agreement with KBR and an updated engineering, procurement, and construction (EPC) contract with SK's engineering...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Australian-firm-signs-deals-with-KBR-SK-to-forward-Louisiana-LNG-project_66542.html
January 5, 2015
Ethane Pipeline Income Fund (Sydney) transported 61,077 m.t. of ethane for the three months ended 31 December 2014—up 35% year-on-year—through its Australian pipeline, the...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Australia-ethane-pipeline-deliveries-up-35-percent-in-fourth-quarter_66543.html
December 31, 2014
The Office for the Protection of Competition (Prague), a government body, has approved Unipetrol's (Prague) previously announced plans to buy ENI (Rome) out of the companies'...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Czech-Republic-approves-Unipetrols-buyout-of-ENI-from-refining-JV_66516.html
December 31, 2014
Germany’s greenhouse gas (GHG) emissions are expected to have fallen in 2014 for the first time in several years. “We don’t yet have the final figures, but I am...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Germanys-GHG-emissions-anticipated-to-have-fallen-about-3-percent-in-2014_66499.html
December 30, 2014
Renewable Energy Group (REG; Ames, IA) says it has completed the acquisition of biodiesel producer Petrotec (Borken, Germany). An REG subsidiary, REG European Holdings, purchased a...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/REG-completes-acquisition-of-Germany-based-biodiesel-firm_66496.html
December 29, 2014
Wintershall (Kassel, Germany), a BASF subsidiary, has sold its 15% stake in South Stream Transport to Gazprom (Moscow). BASF says that the purchase price reimburses the cash invested...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/BASF-sells-stake-in-canceled-gas-pipeline-to-Gazprom_66477.html
December 29, 2014
Sadara Basic Services Co., a wholly owned subsidiary of Sadara, itself a joint venture between Saudi Aramco and Dow Chemical, today signed a feedstock allocation extension agreement...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Saudi-ministry-allocates-feedstocks-to-Sadara_66476.html
December 25, 2014
Reliance Industries announced today that it has signed shipping agreements with Mitsui OSK Lines (MOL; Tokyo), one of the world’s largest shipping companies, for transporting...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Reliance-inks-shipping-deal-with-Mitsui-OSK-to-import-ethane-from-North-America_66466.html
December 24, 2014
US railcar loadings for chemicals for the week ended 20 December slipped 5.9% year-on-year, to 29,369, according to data from the Association of American Railroads (AAR)....
http://www.chemweek.com/people_and_business/energy_and_feedstocks/US-chemical-railcar-loadings-slip_66455.html
December 24, 2014
Energy majors Lukoil (Moscow) and Rosneft Petroleum Co. (Moscow) have signed a package of legally binding documents covering the sale by Lukoil of its interest in the National Oil...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Rosneft-buys-Lukoils-stake-in-Venezuela-focused-NOC-consortium_66453.html
December 22, 2014

In a 13-2 vote, the legislature of the US Virgin Islands has rejected an operating agreement proposed by Atlantic Basin Refining as part a deal to acquire the 355,000-bbl/day Hovensa refinery at Saint Croix, VI, from its current owners, PDVSA (Caracas) and Hess (New York).

...

http://www.chemweek.com/people_and_business/energy_and_feedstocks/US-Virgin-Islands-rejects-terms-of-Hovensa-sale_66399.html
December 19, 2014
BASF and Gazprom (Moscow) have abandoned plans for an energy asset swap that had been due for completion at the end of this year. Wintershall (Kassel, Germany), a BASF...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/BASF-Gazprom-abandon-energy-asset-swap_66323.html
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