Chemical News
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PennEast asks 3rd Circuit to reverse ruling, stresses stakes in gas producing area Oct 28,2019
PennEast says court should invite FERC's view Highlights pipe development in 3rd Circuit territory PennEast Pipeline suggested there could be major impacts for interstate pipeline development in a prolific natural gas producing region, as it sought to convince a federal appeals court to reverse a ruling it called "profoundly wrong" and "profo...>>>
US thermal coal production cuts and consolidation expected as export and domestic markets remain weak: analysts Oct 28,2019
Although the seaborne thermal coal market had a slight price rebound during the third quarter, US exports are expected to remain low this year, forcing more production cuts and consolidation as the domestic market remain bearish as well, analysts said this week. Despite the slight third-quarter price rebound in the CIF ARA market, "we estimate ...>>>
Viking Supply Ships to co-purchase, manage two LNG-fuel capable vessels: company Oct 28,2019
Viking Supply Ships in partnership with funds managed by Borealis Maritime are set to purchase two LNG-fuel capable vessels, Viking said Friday. The two new-build Platform Supply Vessels are currently under construction in Poland, and are set for delivery from the shipyard in the fourth quarter of 2020 and Q1 2021, respectively, the company sai...>>>
Linefill underway for Gray Oak crude oil pipeline, full service expected in Q1 2020 Oct 28,2019
Linefill is underway on the 900,000 b/d Gray Oak pipeline, with initial start-up in November and full service in Q1 2020, which is poised to increase flows of Eagle Ford and Permian crude to US Gulf Coast refineries and export terminals. "Gray Oak will connect to multiple terminals in the Corpus Christi area including the South Texas Gateway Ter...>>>
BP plans new plant to recycle tough-to-recycle PET Oct 28,2019
Global oil major BP will build a new plant in Illinois to develop technology to process polyethylene terephthalate (PET) plastic waste that is largely unrecycled currently, the company said Friday. PET, which is used to make plastic bottles and rigid food packaging, is among the most recycled plastics, but more than half used for bottles goes un...>>>
Eco California departs San Francisco Bay for Los Angeles to unload ethanol Oct 28,2019
The medium range tanker Eco California, after sitting offshore near San Francisco since October 11, departed Friday for Los Angeles, according to cFlow, Platts trade-flow software. The Eco California had been waiting to discharge Brazilian ethanol into NuStar's Selby terminal, the only terminal in the San Francisco area that can accept ethanol i...>>>
Canada's Ridley Terminals monthly coal exports jump to six-year high Oct 28,2019
Coal exports from the Ridley Terminals in Prince Rupert, British Columbia, jumped to a six-year high of 1.02 million mt in September, up 18.6% from 861,506 mt in August and the highest in a month since 1.09 million mt was exported in September 2013, according to data from the Prince Rupert Port Authority. The total, which combines metallurgical...>>>
China crude imports from US, Iran, Venezuela continue in Sep, but volume kept at minimal Oct 28,2019
China continued to import crude oil from the US, Iran and Venezuela in September, but Asia's biggest energy consumer kept shipments from the three producers minimal due to the tariff and sanctions barriers blocking easier access to those supplies, latest data from the General Adminstration of Customs showed Friday. China received 517,982 mt (126...>>>
European offshore wind could hit 180 GW by 2040: IEA Oct 28,2019
European offshore wind capacity could increase tenfold by 2040 under carbon-neutral policies, the International Energy Agency said Friday. Launching its Offshore Wind Outlook 2019 report in Copenhagen, the agency said Europe would be the engine of global growth, followed closely by China. Today, offshore wind capacity in the EU stands at almo...>>>
100 Spot Commodities Price Chart - 25/10/2019 Oct 28,2019
It was assessed by SunSirs that in the tracked 100 spot commodities,23 commodities increased in prices, 18 fell and 59 remained unchanged on 25/10/2019.The largest rises were Hydrochloric acid (4.00%),Palm Oil (3.41%),Sulfuric acid (2.38%),while the la...>>>
China's recycling body backs scrap route to steelmaking citing green benefits Oct 31,2019
The Chinese industry body for scrap metal recycling on Wednesday gave its endorsement to the scrap route to steelmaking, saying how its use over the longer-term was indispensable in light of the country's increasing emphasis on environmental protection. This was despite the government's restrictions on the import of scrap, which have made this m...>>>
Australia's Santos crude oil output falls Jul-Sep, maintains 2019 guidance Oct 31,2019
Australian Santos's crude oil production slipped quarter on quarter in July-September, due in part to natural field decline while it has maintained its 2019 guidance, the company said in its latest quarterly activities report. The company's share of crude oil production from its assets -- including in Western Australia, the Cooper Basin and Papu...>>>
Trump effort to clear path for gas pipelines garners broad state-level objections Oct 31,2019
EPA rule aims to clarify scope, timing of state water reviews States oppose federal veto over conditions, denials A proposed US Environmental Protection Agency regulation intended to prevent states from using water quality reviews to block natural gas pipelines and other energy infrastructure is running into stiff opposition from states, tri...>>>
Murray Energy asks court to reject export contract with Convent Marine Terminal Oct 31,2019
Miner has 5 million st/year take or pay agreement with CMT Current contract extends through 2023 Murray Energy has asked a bankruptcy court to allow it to reject a contract with a marine terminal in Louisiana that facilitates exporting the company's coal abroad. Murray Energy, which filed a Chapter 11 bankruptcy petition Tuesday, said chal...>>>
Colombia's Ecopetrol aims to ratchet up oil production by 4% next year Oct 31,2019
Colombia's state-controlled Ecopetrol is targeting 2020 production of 740,000-760,000 barrels of crude and equivalents per day, up to 4% more than expected average output this year, CEO Felipe Bayon said during a conference call Wednesday to discuss third-quarter results. He also announced a significantly higher than expected increase in the com...>>>
Brazil October soybean exports could reach 5.1 million mt, up 18% on month: source Oct 31,2019
Brazilian soybean exports in October could reach 5.1 million mt, up 18% month on month, due to higher demand from China, a trade source said. According to the Secretariat of Foreign Trade, or Secex, Brazil has exported 3.1 million mt by the end of third week of October and an average daily soy sale of over 200,000 mt, with majority of shipments ...>>>
Chile pulls out of hosting COP25 climate talks: UN climate chief Oct 31,2019
Chile has pulled out of hosting the upcoming COP25 climate change talks due to civil unrest in the country, the UN's climate chief said Wednesday. The move casts serious doubt over whether the talks, originally set for December 2-13 in Santiago, can now go ahead. "Earlier today, I was informed of the decision by the Government of Chile not to...>>>
Nigerian producer Seplat cuts 2019 oil output target Oct 31,2019
Nigerian producer Seplat Petroleum Wednesday said it has cut back its 2019 production target to 48,000 b/d of oil equivalent from the previously stated 55,000 boe/d, after output declined for a second consecutive period this year. Seplat's net oil production dropped by 6.2% year-on-year to 47,163 boe/d in Q3, with output down by 6% year-on-year ...>>>
Danish Energy Agency grants key permit for Nord Stream 2 gas pipe project Oct 31,2019
The Danish Energy Agency said Wednesday it has granted a permit to Nord Stream 2 AG to build a section of the Nord Stream 2 natural gas pipelines in Danish waters southeast of Bornholm in the Baltic Sea. "The permit is granted pursuant to the Continental Shelf Act and in accordance with Denmark's obligations under the UN Convention on the Law of...>>>
100 Spot Commodities Price Chart - 30/10/2019 Oct 31,2019
It was assessed by SunSirs that in the tracked 100 spot commodities,19 commodities increased in prices, 22 fell and 59 remained unchanged on 30/10/2019.The largest rises were Palm Oil (3.48%),Aniline (2.50%),Rapeseed oil (1.11%),while the largest falls...>>>