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...
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...
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...
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...
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...
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...
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...
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...