Construction will occur in phases, with the first phase expected to be completed in 2030.

Asia's naphtha margin touched 4-yr highs this week as supplies tightened. Petrochemical makers in top producer Asia, however, are preparing to halt operations and trim run rates as buyers braced for ...

Thailand has about 95 days of oil reserves and will increase mandatory fuel reserves to 3% from 1%, Energy Minister Auttapol Rerkpiboon told reporters after the meeting. "Our reliance on Qatar's LNG, ...

European Union countries gave the final approval to a new climate target to slash greenhouse gas emissions 90% by 2040, pressing ahead with the bloc's ambitious climate agenda despite political ...

At least two Chinese refineries - privately led Zhejiang Petrochemical Corp and Sinopec-operated Fujian refinery - have begun reducing throughput this month, and more plants are expected to curb ...

Amcor has partnered with Belgium-based De Ceuster Meststoffen NV (DCM) to introduce a new recycle-ready, mono-material polyethylene (PE) film for its fertilizer portfolio in Europe. The innovation ...

The repercussions of the ongoing U.S.-Iran war are being felt across the world, with U.S. fuel prices, European natural gas costs and Asian tanker freight rates all jumping sharply since strikes began ...

Nine vessels have come under attack since the conflict broke out between the U.S., Israel and Iran on Saturday. Iran launched a wave of missiles at Israel early on Thursday and also sent drones into A ...

thyssenkrupp Uhde has been selected by CSBP – a chemicals and fertilizers business that forms part of Wesfarmers Chemicals, ...

India is vulnerable to supply shocks, with crude stocks covering only about 25 days of demand, while refiners hold similarly limited inventories of gasoil, gasoline and liquefied petroleum gas.

Indonesian petrochemical producer Chandra Asri has declared force majeure on all contracts as the Middle East conflict has disrupted its raw material supply, it said in a statement.

Further to the decision by QatarEnergy to stop production of liquefied natural gas (LNG) and associated products due to the Israel/U.S.-Iran conflict, QatarEnergy is stopping the production of some ...