Category: Oil & Petrochemicals
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South Korea Protects Its Petrochemical Industry
South Korea protects domestic naphtha supplies as global competition for petrochemical feedstocks intensifies amid disruptions.
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Petrochemical Winners of the Iran War
War-driven supply disruptions reshuffled petrochemical fortunes, boosting Western producers’ margins while Middle Eastern competitors struggled with production and logistics.
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War Hits Arab Petrochemical Giants
Middle Eastern petrochemical producers took a direct hit from the regional war. Saudi Arabia’s SABIC saw operating income fall 27%,…
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Japan Resonac Dumps Petrochemicals on Shareholders
Resonac separates its petrochemicals operations, handing control of Crasus to shareholders as the Japanese group shifts towards higher-value businesses.
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Saudi Arabia Abandons Europe’s Chemical Recycling Ship
SABIC’s European exit and Plastic Energy’s collapse expose growing cracks in Europe’s chemical recycling ambitions as German investors take over.
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PetroChina Bets on Petrochemicals
PetroChina accelerates its petrochemical and advanced-materials expansion as declining transport-fuel demand reshapes China’s oil refining and chemicals industry.
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Trump Strikes World’s Biggest Oil Deal
A landmark US-Venezuela oil agreement gives American interests majority control over 65 billion barrels while promising investment and increased production.
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Refinery Attacks Cut Russian Gasoline Supply by 30%
Russia’s Fuel Crisis Adds Pressure to Fragile Global Market
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US Wants 100-Year Deal on Venezuelan Oil
Washington is considering a century-long arrangement granting US companies access to Venezuelan oil fields as investment and production plans accelerate.
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Global Supply Disruptions Rescue German Chemicals
German chemical producers see improving demand and sentiment, but weak capacity utilisation and global uncertainty continue to cloud the sector’s…
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15 Dead at SIBUR–Sinopec Gas Chemical Complex
A deadly fire at the massive SIBUR–Sinopec petrochemical complex highlights the human risks behind expanding global plastics production capacity.
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EU Still Needs Russian Oil & Gas
Geopolitical instability is narrowing Europe’s energy options just as winter approaches, exposing the consequences of increasingly fragile supply routes.
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Sinopec Resets Strategy Amid Petrochemical Overcapacity
China’s Sinopec is reshaping its strategy as petrochemical overcapacity, weaker fuel demand and shrinking margins challenge the traditional refining and…
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Indonesia Plans New Refinery and Petrochemical Complex
Indonesia is moving ahead with plans for a nearly $6 billion refinery and petrochemical complex in North Kalimantan.
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How Trump Keeps America the World’s Oil Master
Trump is turning America’s oil dominance into economic and geopolitical power, challenging Europe’s perception of him as an unpredictable leader.
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Taiwan Turns to America for Its Petrochemical Feedstocks
Taiwan turns to U.S. petrochemical feedstocks as Middle Eastern disruptions expose its dependence on Gulf supplies.
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Japan Changes Its Oil Strategy
Japan is reshaping its oil strategy, diversifying crude and naphtha supplies while protecting the domestic refining and petrochemical industries from…
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Shell to sell European Chemicals Business
Shell considers selling its European and US chemical assets as weak margins, high costs and declining competitiveness reshape the future…
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Joe Biden Appointed EU Special Envoy for Oil and Gas
Joe Biden has been appointed EU Special Envoy for Oil and Gas
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Massive Oil Spills Spread Across the Persian Gulf
Major oil spills are spreading across waters near Iran and Oman, adding an environmental crisis to an already volatile region.…
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Lukoil Romanian Refinery Enters Insolvency
Lukoil’s Petrotel refinery in Ploiești, Romania, is entering insolvency, as international sanctions continue to weigh on the Russian group’s European…
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US Refineries cash in While Europe Shuts Down
U.S. refineries are running close to full capacity and cashing in on exceptionally strong refining margins, while Europe continues to…
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Sinopec Looks Beyond the Gulf for Crude Oil
China’s Sinopec is moving to diversify its crude oil supplies as conflict in the Middle East exposes the risks of…
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Is TotalEnergies Becoming Overexposed to Renewables?
TotalEnergies is increasingly exposed to renewable electricity, raising questions about whether the French energy major is allocating too much capital…
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Shell Sells European Renewables — and It Makes Perfect Sense
Shell has agreed to sell its European onshore renewables business to TotalEnergies as the British energy major continues to reshape…
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Shell sells US chemical business
Shell is considering the sale of its US chemicals portfolio as part of a broader effort to reduce exposure to…
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Norway Refuses to Run Its Energy Policy From the Berlaymont Cafeteria
Norway has delivered an inconvenient message to Brussels: it intends to keep looking for oil and gas in the Arctic,…
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US Builds the Next Oil Route While Europe Destroys the Old One
Sometimes the difference between American and European strategic thinking can be summed up in a pipeline.
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The Albanian oil scandal
Albania produces oil. So why are Albanians paying more than €2 a litre at the pump—and where does the country’s…
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China’s Fuel Export Strategy Gains Speed
China Reinforces Its Position as Asia’s Refining Powerhouse
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European Oil Companies Continue to Outperform Chemical Industry
European oil companies continue to thrive, while the continent’s chemical industry faces mounting challenges. A look at how different policy…
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Trump blasts Exxon, Chevron for making ‘too much money,’ demands lower gasoline prices
Trump Tells Big Oil to Cut Gasoline Prices, Singles Out Chevron CEO
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Germany Needs an Oil Champion
Did Germany make a strategic mistake by never building a global oil and gas champion? This article explores the history…
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Is the World’s Biggest Cartel Hiding in Plain Sight?
How Does an Oil Cartel Fit Into a Free Trade Environment?
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How China Took One for the Team to Keep Oil Markets Stable
China’s Lower Oil Imports Helped Stabilize the Global Market
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India Signals a New Era in Global Crude Procurement
India’s state-owned Mangalore Refinery and Petrochemicals Ltd. (MRPL) has become the country’s first refiner to formally instruct crude oil suppliers…
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Ursula von der Leyen Explains EU’s Relationship with OPEC
Exclusive Interview with Bioplastics News: Ursula von der Leyen Explains Europe’s Relationship with OPEC
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US and OPEC: A Relationship of Contradictions
For decades, the United States has criticized OPEC for coordinating oil production and influencing global prices, arguing that free markets—not…
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ENI acting responsibly in Mozambique
Not every story about the oil industry has to be a negative one. When an energy company promotes policies that…
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The Shell tax files
How Does Shell Pay No Corporate Income Tax in the Netherlands?
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Chinese insights on whether oil is a fossil ressource
One of the most persistent conspiracy theories surrounding the fossil oil industry is the claim that oil isn’t a fossil…
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Exxon warns for increasing oil prices
Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher
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An Essay in US oil Diplomacy
This essay examines U.S. oil diplomacy in the current context of tensions surrounding the Strait of Hormuz, exploring how energy…
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ENI strategy update
ENI strategy update
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Belgian Green Leader is against oil companies and wants a Trump Tax
New Belgian Green Leader is anti oil companies and wants a Trump Tax.
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Trump says he wants Iran oil
Trump says wants to take Iran’s oil.
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TotalEnergies CEO causes oil market crash
Watch the clip Satirical Note Relax, it’s a joke. In the middle of the ongoing energy crisis — fueled by…
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BlackRock CEO warns of global recession if oil price hits $150
Personal Remarks A spike to $300 per barrel would trigger an immediate and total collapse of the EU. Europe is…
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Oil wealth: Saudi Arabia vs Australia
How Oil-Rich Western Countries Failed Their Own Citizens
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Greenland given to Trump if oil prices rises
Let’s play a completely hypothetical (and definitely not alarming) game: what would it take for Europe to hand over Greenland…
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Japan selects US as primary oil and energy supplier
Japan recently solidified its energy security by signing $56 billion in deals with the U.S. for oil, gas, and LNG. Finalized at the…
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Oil wealth: US vs Saudi Arabia (Video)
Unfortunately, my American friends didn’t quite get the oil wealth distribution right. I mean, even the Arabs did it better…
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Qatar’s Superior Redistribution Framework
Yes, Qatar redistributes its oil and natural gas wealth to its citizens, which has resulted in one of the highest…
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Streetwise Strategies in US Imperial Oil Hegemony
While the European Union is attempting to phase crude oil out of its energy equation in favor of Green Deal–aligned…
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Iraq (Basra) oil infrastructure destroyed (Video)
Watch View this post on Instagram A post shared by Danyal Alam (@global_military_forum)
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Major Iranian oil depots and refinery destroyed (Videos)
The attacks spark large fires as they hit four oil storage facilities and an oil production transfer centre in Tehran…
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Greenpeace protest against ENI sponsorship Olympic Games
Personal Opinion It’s better to have an oil company sponsoring the Olympic Games than a junk food producer. It was…
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The ENI-Ambrosiano Scandal
I have long been intrigued by the geopolitical influence of oil companies. While I once assumed that nationalization was superior…
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Which oil companies are the least responsible?
Dear ChatGPT, Which oil companies are the least responsible? i’ve copy pasted the answer wthout edit.
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Indonesia brings fossil-fuel lobbyists into its COP30 delegation
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The Rockefeller ‘Fossil’ Oil Conspiracy (Video)
The Rockefeller lie perdured until today and still the lie hasn’t been corrected officially. It’s remarkable that our society has…
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California may file more plastics recycling lawsuits
https://www.reuters.com/world/california-looking-more-trump-plastics-lawsuits-attorney-general-bonta-says-2025-09-24
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Did ENI write the speech of Italian PM Meloni?
Greenpeace replied to my emails and from what I understood: ENI wrote the speech of Italian Prime Minister Meloni at…
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Will ENI profiteer from the Gaza conflict?
The following particular sensitive information was brought to my attention. This is a FREE article.
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ENI to increase collaboration with the US
Google translation (ANSA) – ROME, SEPTEMBER 12 – During a series of meetings, U.S. Ambassador Tilman Fertitta, U.S. Secretary of…
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Systematic attribution of heatwaves to the emissions of oil and gas majors
https://www.nature.com/articles/s41586-025-09450-9
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ENI launched a new company to manage its oilfield chemicals business
ENI is preparing to get rid of Versalis by peeling off profitable assets
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Most Countries in the World Were Ready for a Historic Plastic Agreement. Oil Giants Killed It
https://www.zmescience.com/science/most-countries-in-the-world-were-ready-for-a-historic-plastic-agreement-oil-giants-killed-it
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Crude oil prices analysis 1960-2024 (FREE)
A few reflections on the impact of crude role prices on society. This is a FREE article.
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COP28 is turning into a Farce Says The Guardian
‘Absolute scandal’: UAE state oil firm able to read Cop28 climate summit emails
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NL Prime Minister Lobbied for Shell to get EU Subsidies (FREE)
Rutte interfered to help Shell get €150 million subsidy for hydrogen power site: report
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Bio-on’s Collapse: Novamont, Short Sellers, Amber Capital and the Unanswered Questions
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America Recycles Day: Recycle textiles, batteries, bulbs, and e-waste
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Raul Gardini: The Enimont Scandal, a Controversial Death and Novamont’s Road to ENI
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INEOS Founder Warns the UK Is on the Slide
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Covestro CEO Attempts to Speak Italian with His Hands














