Analyst Comment
Asia to drive most of the global bisphenol A capacity additions by 2030
Asia is poised to spearhead the global bisphenol A capacity additions by 2030 due to strong and increasing domestic demand.
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Industry News
BP shuts down Olympic fuel pipeline after leak incidentÂ
British oil and gas company BP has shut down the 400-mile (643 kilometres) Olympic Pipeline following a leak, halting fuel delivery.
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DeepOcean wins subsea construction contract in UK
DeepOcean has secured a contract to deliver subsea construction and tie-in services for a field development in the UK.
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TotalEnergies increases stake in Nigeria’s OPL257 blockÂ
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UK-based technical services provider Wood has secured a contract from PetroChina for the West Qurna 1 oilfield in southern Iraq.
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France fines TotalEnergies, Rubis, EG Group $217m for Corsica anti-trust violationsÂ
France’s antitrust authority has imposed a fine of a total €187.5m ($217.3m) on TotalEnergies, Rubis, and EG Group in Corsica.
Industry News
Ukraine’s DTEK imports US LNG through LithuaniaÂ
Ukrainian energy company DTEK has imported its first US liquefied natural gas (LNG) cargo through the Klaipeda LNG terminal in Lithuania.
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Transocean exercises options for drill-ships and semi-submersibles
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Analyst Comment
Asia to underpin global ABS capacity surge by 2030
Asia is poised to spearhead the global acrylonitrile butadiene styrene (ABS) capacity additions by 2030 mainly due to its escalating demand from the automotive, electronics, and construction industries.