16 Apr, 2025

Asia set to dominate global benzene capacity by 2030

Asia is projected to lead the world in benzene capacity by 2030, driven by rapid growth in the automotive and construction sectors. A new report indicates the region will add 5.45 million tonnes per annum (m... more

16 Apr, 2025

Trump’s tariffs trigger sharp oil price drop, risking Russia’s economy

A sharp decline in global oil prices, triggered by US President Donald Trump’s imposition of new tariffs, is posing a significant risk to the Russian economy, according to Russia’s central bank governor, El... more

10 Apr, 2025

Shell releases Q1 2025 update ahead of final results

Shell has provided an update to its first-quarter 2025 outlook, offering insights into its expected performance across key business segments. The final results are scheduled for release on May 2, 2025, and t... more

10 Apr, 2025

Chinese LNG buyers resell US cargoes amid tariff impact and weak demand

Chinese buyers of liquefied natural gas (LNG) are increasingly reselling US-sourced cargoes as tariffs significantly raise import costs. This trend is expected to accelerate with new multi-year supply agreem... more