Any slowdown in global economic growth will put the brakes on demand for oil.
Read More »World’s largest catalytic dehydrogenation plant successfully started up
This single-train dehydrogenation unit uses a CATOFIN catalyst and heat generating material (HGM) from Lummus Technology’s catalyst partner.
Read More »OPEC Expects Lower 2020 Demand For Its Oil
OPEC. Russia and other producers have since Jan. 1 implemented a deal to cut output by 1.2 million bbl d.
Read More »Oil Market Oversupplied in 2019 due to US production
The demand for OPEC crude oil in early 2020 could fall to only 28 million bpd.
Read More »Russia Offers to Supply Etching Gas to S Korea amid Japan Export Curb
Seoul is considering alternative options as spat with Tokyo drags on.
Read More »Russia Offers to Supply Etching Gas to S Korea amid Japan Export Curb
Seoul is considering alternative options as spat with Tokyo drags on.
Read More »Oil Hits Six-Week High as Storm Builds in Gulf of Mexico
Rising U.S. shale production levels. subdued global economic momentum and existing trade uncertainties will cap bullish gains for crude oil futures.
Read More »Iran Signs $6.2bn Worth of Contracts to Increase Oil Output by 280.000 bpd
10 out of a package of 33 contracts had been signed with companies and manufacturers based in Iran.
Read More »Russia’s Crude Production Falls To Nearly Three-Year Low
Despite the rise in the June production. Russia was still complying. for a second month. with its pledge under the OPEC+ deal.
Read More »Iran to Expand Mahshar Petchem Hub to Add 6m Tons of New Capacity
Iran is currently producing nearly 56 million tons of petrochemicals each year.
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