SINGAPORE (ICIS)–The US has blacklisted on Wednesday four companies based in China and the UAE for facilitating exports of Iranian petrochemicals. Sanctions were imposed on UAE’s Alpha Tech… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
US blacklists China, UAE companies over sale of Iran petrochemicals Read More »
SINGAPORE (ICIS)–Sahara International Petrochemical Co (Sipchem) and industrial gas firm Linde have signed an exclusive agreement to set up a joint venture for developing industrial gas projects… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
Sipchem, Linde sign JV deal for industrial gases projects in Saudi Arabia Read More »
HOUSTON (ICIS)–The global crude oil demand forecast has been revised to 96.9m bbl/day in 2021, up from 91.2m bbl/day in 2020, the International Energy Agency said on Tuesday. The smaller rise is… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
IEA expects ’21 oil demand to rise by a smaller amount Read More »
BARCELONA (ICIS)–Brexit can be compared to a slow puncture where future decisions on investment might cause the country’s chemicals industry and value chain gradually lose out to other… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
PODCAST: Brexit like a slow puncture as chemicals investment gets diverted elsewhere Read More »
LONDON (ICIS)–Crude oil demand in 2021 is expected to rise by 5.90m bbl/day, down slightly from previous estimates, on the back of woeful transportation, but demand for petrochemicals is set to… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
OPEC revises down again 2021 crude demand forecast on transport, but petchems healthy Read More »
SINGAPORE (ICIS)–Shipping company Hafnia said on Monday that one of its oil tankers in Saudi Arabia was hit by an “an external source”, “causing an explosion and subsequent fire onboard”… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
Hafnia oil tanker hit by “external source” in Saudi Arabia Read More »
LONDON (ICIS)–The International Maritime Organization (IMO) has urged governments to designate seafarers as key workers so the estimated 400,000 stranded on ships can return home. On Human Rights… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
IMO urges key worker designation for seafarers, end plight of 400,000 stranded Read More »
LONDON (ICIS)–The ICIS Petrochemical Index (IPEX) continued to climb in November, increasing by 11.18% for the month, tracking price increases for most of the major petrochemical and plastics… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
November IPEX up 11% on soaring prices in Asia Read More »
SINGAPORE (ICIS)–Oil prices were trading higher on Thursday on hopes that demand will improve once the coronavirus vaccines are rolled out, with further support from supply disruption worries… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
Oil prices higher on vaccine optimism, attack on Iraqi oilfield Read More »
BARCELONA (ICIS)–New economic forecasts have upgraded prospects for 2021 globally as the vaccination programme kicks in, but logistics problems and the UK’s withdrawal from the EU could threaten… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
PODCAST: Economists more optimistic on vaccines but logistics, Brexit risks remain Read More »
