Jet fuel prices have risen 15% in the past week, another challenge for an industry already dealing with the fallout from the expanding conflict, with more than 20,000 flights cancelled and thousands ...

CNOOC and Shell Petrochemicals Company Limited, or CSPC, plans to close a 1.2 million metric ton-per-year (tpy) cracker situated in Huizhou city of Guangdong province, one of its two crackers with ...

The general superintendence of Brazil's antitrust watchdog CADE approved the agreement for private equity firm IG4 Capital to buy a controlling stake in petrochemical firm Braskem from conglomerate ...

The rising risk of a drawn-out conflict has particular significance for South Korea, the world's fourth-largest oil importer, which gets around 70% of its oil from the Middle East.

Hungary and Slovakia are keen to keep supplies coming from Russia and have exemptions from current European Union sanctions.

Asian buyers are rushing to secure fuel supplies to offset production losses from expected refinery run cuts as the near-halt in traffic in the Strait of Hormuz constrains oil supply to the region.

Asian steam crackers, which source more than 60% of their naphtha feedstock from the Middle East, have been quick to declare force majeure on petrochemical supplies to customers.

The Iran conflict, now in its seventh day, has left the Strait of Hormuz, a critical shipping chokepoint, all but shut, cutting countries off from a fifth of global oil and liquefied natural gas (LNG) ...

Construction will occur in phases, with the first phase expected to be completed in 2030.

thyssenkrupp Uhde has been selected by CSBP – a chemicals and fertilizers business that forms part of Wesfarmers Chemicals, ...

ABB’s Fidas24 gas analyzer is now CSA-certified for use in hazardous industrial applications across the United States and ...

Asia's naphtha margin touched 4-yr highs this week as supplies tightened. Petrochemical makers in top producer Asia, however, are preparing to halt operations and trim run rates as buyers braced for ...