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The Chemical Reaction: Alberta government awards generous incentives to local propylene industry
Last week, the Government of Alberta Canada awarded investment incentives of Can$300 million to Pembina Pipelines Corp and Can$200 million to Inter...
Asia olefins: double whammy from the coronavirus
Countries across Asia have responded to the coronavirus by implementing quarantines and lockdowns to various extents. Refineries have cut utilisati...
Russian Federation product markets long-term outlook H1 2020
In 2019, total products supply was in a position of surplus in the Russian Federation relative to demand. A large diesel/gasoil surplus is growing ...
China’s LNG imports decreasing: what is ahead for the remainder of 2022?
China’s gas demand has been under pressure since Q4 2021 due to the economic slowdown, higher import prices, coal-friendly policy and a warmer past...
Economics of CCS in Refining - Singapore case study
The refining industry faces significant challenges with declining margins, putting many refiners at risk of closure by 2030. The potential impact o...
Half of the Australian refining capacity to shut by 2022: ExxonMobil to shut Altona refinery
ExxonMobil announced the conversion of its Altona refinery to an import terminal. This is the next refining asset in Australia that will be closed ...
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