
Crude price surges as a supply cuts extension is agreed
The price of crude has increased this morning as Saudi Arabia and Russia have spoken out in support of extending the supply cuts agreement until March 2018.
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A new report from Infiniti Research has found that the low price of crude oil is staving off the petrochemical industry decline in Taiwan.

Praj has announced it has successfully demonstrated its cellulosic ethanol technology at its facility near Pune, India.

Pertamina has announced it is expanding the marketing of its Pertalite non-subsidised fuel in Kupang, NTT.

Clariant has announced that its catalysts are contributing significantly to emission control in China.

CB&I has announced it has received a cumene and phenol technology award in China.

Puma Energy Asia Sun has announced it has opened Myanmar's largest and most modern petroleum products terminal.

ADM has praised the ITC for its preliminary vote in favour of countervailing and anti-dumping duties on imported biodiesel.

Yantai Wanhua Polyurethanes Group has announced that its propane dehydrogenation unit is using Honeywell UOP technology.

Dow and DuPont have announced they received conditional approval from China’s Ministry of Commerce for their proposed merger of equals.