⚫Exxon working with Israel to develop floating LNG export facility
Exxon Mobil is in discussions to build a platform that would expand the export reach of Israel’s biggest natural gas field.
⚫Brazil to pay Petrobras $9 billion in oil contract settlement.
Petrobras will get $9.06 billion to settle a deepwater contract dispute with the government, ending years of negotiations and paving the way for the majors to access crude deposits in the area.
⚫LNA Warns Of “Terrorist Attack” On Libya’s Oil Crescent.
⚫Gazprom raises gas exports to France by 58% in five years.
⚫Iraq’s burgeoning crude exports become factor in OPEC policies.
Iraq has quietly emerged as the world’s fourth-biggest oil producer and wants a bigger say in OPEC and the global energy game.
⚫Prompt DFL flips to backwardation on structural N. Sea crude tightening.
⚫Saudi Aramco's MTBE trading volume likely to rise after Sabic purchase.
⚫Russia's Sokol crude premiums rebound in Asia on lower supply; stronger Structure.
⚫Japan favors Abu Dhabi over Far East Russia for light crude oil.
⚫SABIC Thermoplastic Materials At Forefront Of Aircraft Manufacturing.
SABIC Thermoplastic Materials At Forefront Of Aircraft ManufacturingAirlines are seeking competitive advantages to be gained from the enhanced inflight experience – particularly in the form of increased cabin comfort – both in premium and economy classes. Additionally, airlines are looking to capitalize on product differentiation through strong branding and distinctive interior design.
⚫Breakthrough In Chemical Recycling of Polystyrene By INEOS Styrolution.
Breakthrough In Chemical Recycling of Polystyrene By INEOS StyrolutionThe company’s goals are: Milestone in the company’s efforts to reduce post-consumer styrenic waste; First production of virgin polystyrene from only depolymerised material; Project contribution to INEOS Styrolution’s ambitious efforts related to resource efficiency, recycling and reducing the ecological footprint.