Page 21 - Commodity Intelligence Services News Today

After falling to a 2021 low in June, crude oil imports to China began to recover last month as refineries exited maintenance season.

July 25, 2021 SINGAPORE: Beijings crackdown on the misuse of import quotas combined with the impact of high crude prices could see Chinas growth in oil imports sink to the lowest in two decades in 2021, despite an expected rise in refining rates in the second half. Shipments into the worlds top crude importer and No. 2 refiner could be steady, or increase by up to 2 percent to just over 11 million barrels per day (bpd) this year, consultancies Energy Aspects, Rystad Energy and Independent Comm...

UNLOCK The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week. × Close CODE ACCEPTED You have full access to farmersjournal.ie on this browser until 9pm next Wednesday. Thank you for buying the paper and using the code. × Close

Locus Performance Named Top Newcomer in ICIS Surfactants Awards June 11, 2021 Contact Author Hannah Fink Close Photo: Locus Performance Ingredients. This recognition was given as part of the Surfactant Awards, where the startup was praised for its production technology and zero-carbon, 100% bio-based biosurfactant ingredients. The ICIS judging panel noted Locus PIs proprietary fermentation technology to produce the biosurfactants in a readily scalable platform and at a higher�...

US base oil output reaches record low in February; refiners vulnerable ahead of hurricane season US paraffinic base oil production reached a record low in February, according to the latest US Energy Information Administration (EIA) data, which date back to 1993. Low stocks after 2020 paired with polar storm impacts put US refiners in a vulnerable position ahead of a potentially active US Atlantic hurricane season. The data confirm projections that February’s polar storm could be worse than a ...

The April 28 dismissal of Naftogaz CEO Andriy Kobolyev has sparked concerns over the future of corporate governance reforms at Ukaines state-owned enterprises. (REUTERS/Valentyn Ogirenko) As Ukrainians prepared to enter an extended Orthodox Easter and May Day holiday period, the cabinet of ministers on April 28 announced the dismissal of Naftogaz CEO Andriy Kobolyev and the company’s entire supervisory board. The move came as a shock to many, with European officials commenting that it would s...

Page Not Found | ZAWYA MENA Edition

Aryfahmed/Adobe Stock With plastics’ future tied to the chemicals industry, what are the ongoing drivers and challenges that affect both? As the world moves along the path to a zero-carbon future, the chemical industry, along with all other industrial sectors, is under heightened pressure to hasten its transition. For the sector sustainability is not a new challenge; for decades companies have worked under increasingly stringent regulations. The spotlight is now shin...

Ukraine can play key role in Europe’s energy Green Deal UkraineAlert by Aura Sabadus The International Renewable Energy Agency (IRENA), World Bank, and EU have all argued that Ukraine could become a world leader in renewable production. (Patrick Batard/ABACAPRESS.COM via REUTERS) Ukrainian oil and gas giant Naftogaz has unveiled its strategy to 2025, identifying the need to achieve carbon neutrality as one of its three long-term objectives. This vision, and i...

Uzma Bhd's share price climbed to an 11-month high of 76.5 sen this morning following news that the upstream support service provider has been granted two licences by the Energy Commission (EC) to import liquefied natural gas (LNG) into the country.