Keyword: sanctions

Markets & Companies

The Middle East – More Opportunities than Risks

25.11.2017 - The Middle East chemical industry makes good money selling basic chemicals and uses local oil and gas in manufacturing. Hopes are high that the many major investments made by the...

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Exxon and Russia Bury $600 Million Tax Dispute

18.09.2017 - ExxonMobil and the Russian government have settled a long-running tax dispute worth more than $600 million, the Russian finance ministry said in a statement sent to French news...

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Air Liquide in Iran Methanol-to-propylene Project

16.08.2017 - French industrial gases group Air Liquide has signed an agreement with Iran’s National Petrochemical Company (NPC) to build a 500,000 t/y methanol-to-propylene (MTP) plant. Talks...

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Trump Signs “Seriously Flawed” Russia Sanctions Bill

03.08.2017 - US President Donald Trump has signed the expanded Russian sanctions bill passed by both houses of Congress, while calling it “seriously flawed.” The new sanctions, which will make...

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US Gas out of Favor With Germans

02.08.2017 - Following up on comments by BASF chief Kurt Bock last week, questioning the motivation for extended US sanctions against Russia and the participation of Western companies in...

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Tighter US Sanctions on Russia Could Hurt Europe

31.07.2017 - The proposed US tightening of economic sanctions against Russia is making waves not only at home but also in Europe. A bill passed by the House of Representatives last week, which...

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ExxonMobil Contests Russia Sanction Violation Fine

24.07.2017 - ExxonMobil is contesting a $2 million fine from the US Treasury Department for violating sanctions against doing business with Russia. The discussion revolves around a deal made...

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Repsol and Gazprom Agree Russian JV

06.07.2017 - Spanish energy and petrochemicals group Repsol has agreed to establish a joint venture with Russian oil company Gazprom Neft, a subsidiary of energy giant Gazprom, despite Western...