Energy Update
Air Products, in a joint venture with Saudi Arabian company ACWA, has received a contract from Saudi Aramco to build, own and operate an industrial gas complex in Saudi Arabia.
Saudi Basic Industries has signed an agreement to buy shale gas from a US supplier for use at its Teesside petrochemical plant located in the UK.
Total has revealed its French refining roadmap aimed to withstand the deteriorating economic environment and boost performance.
SEOUL, April 20 (Reuters) - South Korea's producer prices last month fell at the fastest pace since mid-2009 compared with the year before, central bank data showed on Monday, declining for an eighth straight month as cheap global oil kept prices low. Producer prices in March fell 3.7 percent in annual terms, the Bank of Korea said, dropping at the fastest pace since a 3.8 percent fall in July 2009 and compared with a 3.6 percent decline in February.
JERUSALEM, April 19 (Reuters) - The mayor of Haifa ordered on Sunday the closure of plants run by Israel's largest refining and petrochemicals group, Oil Refineries, following a report showing high cancer rates in the port city.
NEW ORLEANS, April 19 (Reuters) - Five years after the largest oil spill in U.S.
NEW ORLEANS, April 19 (Reuters) - Five years after the largest oil spill in U.S. history spewed millions of gallons of crude into the Gulf of Mexico, many Louisiana oystermen are fearful that a once-bountiful population of the mollusks may never recover.
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