Global markets count cost of Russian invasion
Wood Mackenzie analyses the risks to commodities and corporate exposure, as well as the wider economic fallout of Russia’s invasion of Ukraine.
Stay up to date with the latest news and updates from the downstream industry.
Wood Mackenzie analyses the risks to commodities and corporate exposure, as well as the wider economic fallout of Russia’s invasion of Ukraine.
BP has held a 19.75% shareholding in Russian state-owned oil company Rosneft since 2013.
IBM Security’s ‘2022 X Force Threat Intelligence Index’ reveals that the energy industry accounted for 24% of all cyberattacks in the UK last year.
The companies have entered into a cooperation agreement to develop improved capital and operating efficiencies for the production of on-purpose linear alpha olefins for use in manufacturing polyethylene resins.
ExxonMobil has completed its first commercial sale of certified circular polymers, using its ExxtendTM technology for advanced recycling of plastic waste.
Rising crude oil prices, low refinery production, and high consumption of distillate fuel – which includes diesel fuel and heating oil – have contributed to the highest nominal middle distillate prices since 2014.
Tranter has received an order from a European-based EPC company for a petrochemical project in Eastern Europe.
ADNOC L&S and AG&P, a leading downstream LNG platform and infrastructure development company, have signed a charter agreement to utilise ADNOC L&S’ LNG carrier as an FSU.
The new venture will create renewable feedstocks, leveraging Bunge’s expertise in oilseed processing and farmer relationships, and Chevron’s expertise in fuels manufacturing and marketing.
AspenTech, a global leader in asset optimisation software, has announced that Numaligarh Refinery Ltd has chosen to deploy its software products in order to sustain optimal plant performance.
In 2021, a large share of Europe’s supply of LNG originated in the US, Qatar and Russia. Combined, these three countries accounted for almost 70% of Europe’s total LNG imports.
New research from DNV reveals that optimism is surging as the global energy industry fully-focuses on transition.