IHS Chemical Week

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January 23, 2015
BP said on Thursday that it intends to sell its 950,000-cubic meter capacity oil storage terminal in Amsterdam, which it has owned and operated since 1997. The terminal acts as an...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/BP-to-divest-Amsterdam-oil-terminal_67164.html
January 22, 2015
Enterprise Products Partners will proceed with the expansion of the Panola Pipeline Company natural gas liquids (NGL) system. Shipper commitments obtained during a recent open season are sufficient to support the project, which will increase the system’s capacity by 50,000 bbl/day, the company says....
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Enterprise-to-expand-Panola-NGL-pipeline-by-50000-bblday_67116.html
January 22, 2015
Varo Energy (Zug, Switzerland) will invest more than 50 million Swiss Francs ($57.6 million) for a turnaround and other projects at the company's Cressier, Switzerland, refinery. The...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Varo-Energy-to-invest-in-Switzerland-refinery-announces-new-CEO_67084.html
January 22, 2015
The European Commission has decided that UK plans to provide financial support for the building of a combined-heat-and-power (CHP) plant at Teesside, UK are in line with EU state aid...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/EU-authorizes-UK-state-aid-for-biomass-based-combined-heat-and-power-plant_67086.html
January 22, 2015
Petrobras reiterated yesterday that supply to the market would not be affected by a recent explosion at the company’s Landulfo Alves refinery in Bahia State, Brazil. The refinery...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Petrobras-says-refinery-blast-will-not-impact-supply_67080.html
January 21, 2015
Petroleos Mexicanos (Pemex) is seeking to make annualized savings of more than 21.3 billion pesos ($1.45 billion) over the next four years by consolidating the company's supply and...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Pemex-seeks-$1-45-billion-in-savings-over-four-years_67046.html
January 21, 2015
Göteborg Energi, one of Sweden’s leading energy companies, has announced that its Gothenburg Biomass Gasification Project (GoBiGas), the world’s first large-scale...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/First-large-biogas-demonstration-plant-goes-onstream-in-Sweden_67041.html
January 21, 2015
Chevron says that it will sell 4.2 million m.t. of liquefied natural gas (LNG) to SK LNG Trading (Seoul) over five years starting in 2017. Chevron says its Australian subsidiaries...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Chevron-to-sell-4-2-million-m-t-of-LNG-to-Korean-trader-over-five-years_67026.html
January 21, 2015
BHP Billiton (Melbourne) reiterated today that it will increase shale liquid volumes by 50% by the end of the company's fiscal 2015 despite lowering its US rig count. Citing weaker oil...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/BHP-confident-of-boosting-US-shale-production-despite-rig-cut_67024.html
January 19, 2015
As long as the Boardwalk Pipeline’s Evangeline ethylene pipeline system remains down, US ethylene sources expect spot prices at the Choctaw ethylene storage hub at Plaquemine...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/US-Choctaw-ethylene-prices-to-stay-above-Mont-Belvieu-with-Evangeline-Pipeline-down_66986.html
January 16, 2015
Petrobras concluded the first naphtha shipment out of the company's newly completed Abreu e Lima refinery, in Brazil, earlier this week. The naphtha delivery is for Braskem, Petrobras...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Petrobras-ships-first-naphtha-cargo-from-new-Brazil-refinery_66931.html
January 15, 2015
Tamoil (The Hague) is considering the suspension of operations at its 55,000-bbl/day refinery at Collombey, Switzerland, the company announced today. The Swiss market for refined...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Tamoil-mulls-mothballing-small-refinery-in-Switzerland_66853.html
January 14, 2015
Braskem says it has improved the efficiency of naphtha usage at the company's Triunfo, Brazil, petrochemical complex. The improvement was made at the site's olefins-1 production unit...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Braskem-improves-feedstock-energy-efficiency-at-Brazil-site_66745.html
January 13, 2015
A pair of refinery fires over the weekend resulted in the unplanned shutdown of the refineries. As aromatics markets opened on 12 January, news of the accidents was overshadowed by the...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Refinery-fires-little-affect-aromatics-markets-in-US_66785.html
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
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