Keyword: Petrochemicals

News

Chevron Profit Rises 4%

27.04.2012 - Chevron, the second-largest U.S. oil company, reported a slightly higher-than-expected quarterly profit as rising oil prices and refining margins made up for a decline in oil and...

News

Refining Losses Hit China's PetroChina, Sinopec

27.04.2012 - Hefty refining losses continued to weigh on profits at Chinese state oil giants PetroChina and Sinopec in the first three months of the year, with the latter posting a worse than...

Research & Innovation

Unilever Aims to Halve Environmental Footprint

18.04.2012 - The Front Line for Sustainable Growth - No corporate sustainability strategy can be credible without considering the environmental, social and economic effect of a company's entire...

News

Stolt-Nielsen Frontrunner for Singapore Port Contract

13.04.2012 - Norway's Stolt-Nielsen is the frontrunner to win a contract to develop land and build storage for up to 4 million barrels of oil and chemicals at Singapore's Jurong Port, five...

News

Exxon Narrowly Beats, But Production Falls Short

02.02.2012 - Exxon Mobil reported quarterly earnings that narrowly beat expectations, on higher oil prices and asset sales of about $1 billion, but the company's shares dropped nearly 2% as its...

News

Shenzhen Raises Minimum Wages

05.01.2012 - Shenzhen, a boomtown in China's southern manufacturing hub, will increase the minimum wage by 13.6% in February, the local government said, adding further pressure to exporters who...

News

PetroChina, Sinopec to Invest $22 Billion in Petrochemical Projects

01.01.2012 - PetroChina and Sinopec have signed an agreement with the Zhejiang government on six petrochemical projects worth 139.1 billion yuan ($22 billion), the official China Securities...

News

Exxon Plans To Merge Fuels, Lubricants Divisions

22.12.2011 - Exxon Mobil plans to merge two of its products divisions, a sign of the times for big oil companies, which generally are sharpening their corporate focus on the growing challenges...