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  • Today's Chemical Processing Hotline Headlines August 18, 2022
    Chevron Phillips's 3,300 million-pound-per-year 1594 ethylene unit at its plant in Cedar Bayou (Baytown), Texas, remains offline after being forced to shut down July 26 due to a power outage. The restart is expected by the end of August.
  • Analyst: Natural Gas Prices to Remain High this Year August 18, 2022
    August 18, 2022--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)-- U.S. natural gas prices will remain high this year, and could spike upward under some conditions, a consultant told an oil and gas conference in Denver August 16. The self-employed consultant, Laird Dyer, predicted natural gas prices at Henry Hub will average […]
  • Vessel With Russian Fossil Fuel-Based Product Parked Off Virginia August 18, 2022
    August 18, 2022--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--The arrival on the U.S. East Coast of a Liberian-flagged vessel carrying fossil fuel-based products directly from Russia is evidence of the concern about the strength of Western-backed sanctions. U.S. President Joe Biden signed an executive order in March that banned the import […]
  • ExxonMobil, U.S. Crude Oil Stocks: Your Daily Energy News August 18, 2022
    We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy. Companies featured: Exxon Mobil Corporation (NYSE:XOM)
  • Egypt Boasts North Africa's Most Ambitious Energy Transition Plans August 18, 2022
    NEW DELHI--August 18, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Egypt has positioned itself as a leader in North Africa's renewable-energy development, while increasing its offshore natural gas production. Following a few years of growth in its renewables sector, Egypt now has a power surplus from a well-balanced combination of gas and renewables.
  • South Korea to See $4.6 Billion in Ethylene Projects August 18, 2022
    KOFU, JAPAN--August 18, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking US$4.6 billion worth of ethylene projects in South Korea, including 25 capital-spending projects (unit additions, upgrades, equipment additions, among others) and 11 turnaround projects.
  • Nyrstar to Halt Production at Budel Zinc Smelter in Netherlands in September August 18, 2022
    August 18, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)-- Nyrstar N.V. (Belgium) will stop production at its 315,000-ton-per-year zinc smelter in Budel, Netherlands, beginning September 1 until further notice, according to a company press release. Nyrstar is majority owned by Trafigura Pte Ltd. (Singapore).
  • Today's Refining Hotline Headlines August 17, 2022
    Houston Refining LP, on August 12, began necessary minor maintenance on the 147,000-barrel-per-day (BBL/d) Crude Still 537 Unit, Sulfur Recover Unit (SRU) 434 and 43,000-BBL/d HDS 633 Diesel Hydrotreater (Ultra-Low Sulfur Diesel) Unit at its 268,000-BBL/d refinery in Houston, Texas. The event is expected to last 19 to 23 days. All previously scheduled turnarounds have […]
  • Snap-Back for Iranian Oil Might Not Be a Snap August 17, 2022
    August 17, 2022--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Washington's efforts to lower the price of commodities to curb inflation may have some support by way of a return to the Iranian nuclear agreement, but swift implementation may rest in the hands of a deeply divided Congress. Former U.S. President Barack Obama […]
  • Conference: Oil & Gas Industry Can Change Hydrocarbons Narrative August 17, 2022
    August 17, 2022--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--When most U.S. hydrocarbon leaders step outside their industry, they see one dominant cultural and political narrative about energy: Hydrocarbons are bad. Any effort to change the public's view of hydrocarbon companies, particularly natural gas companies, has to start by addressing the public's […]