15 January 2024
15 January 2024
While Yemen’s Houthis attack ships in the Red Sea to pressure Israel, the US and its allies fight back by targeting 16 locations in Yemen.
Oil and gas demand growth was strong in 2023 but is expected to slow in the first half of this year.
The agreement marks a step towards finalisation of a definitive liquefied natural gas (LNG) tolling deal for 0.5 million tonnes per annum from Texas LNG's first production train.
Exports to China remained unchanged from 2022 level.
This move comes as the national oil and gas producer, which completed Talara refinery upgrade work in 2023, experienced a cash crunch.
The company is also planning to carry out a 3D seismic survey for future drilling.
The move is part of Norway's efforts to maintain its status as a crucial energy provider to Europe.
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Global Polycarbonate capacity is poised to see considerable growth over the next five years, potentially increasing from 7.59 mtpa in 2022 to 9.96 mtpa in 2027, registering a total growth of 31%. Around 13 planned and announced Polycarbonate projects are expected to come online in Asia over the upcoming years. Among countries, China is expected to lead Polycarbonate capacity additions by 2027, followed by India.
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