Energy Update

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Genoil (GNOLF) is pleased to announce it has signed a more comprehensive joint venture contract with Hebei Zhongjie Petrochemical Group (HYT) for the establishment of a limited liability company, including a Genoil technology license agreement and trademark licenses.

Oil company Shell is planning to begin decommissioning the platforms in the Brent oil field located in the UK’s North Sea.

EnLink Midstream Partners and EnLink Midstream (together EnLink) have signed an agreement to purchase Coronado Midstream for about $600m.

Platts senior editor Mayumi Watanabe discusses market expectations for the second quarter and the factors affecting aluminum prices.

Platts editors discuss the relationship between coke, benzene, and methanol; the hedging strategies of different market players; and the market outlook for the commodities in 2015.

The economic arguments for exporting US crude are fairly well-known. But the foreign policy benefits of exports are not as widely talked about.

Iraq government and and Royal Dutch Shell have signed an agreement to develop $11bn petrochemicals plant in the southern oil hub of Basra.

Sulzer received from Petróleo Brasileiro S.A. (Petrobras) two Long-Term, exclusive, Supply Agreement Contracts for the supply of Structured Packings and Random Packings to all their Refineries in Brazil.

Platts senior editor Herman Wang gets Serial (and serious) about the Renewable Fuel Standard and the battle between the biofuels and oil industries.

Discussing the outlook for the Russian oil sector in 2015 in the face of the plunging oil price, continued international sanctions.

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