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EXXONMOBIL PLANT CLOSURES
The Saudi oil pipeline the world didn’t know it neededSaudi Arabia's East-West pipeline is now crucial for global oil flow. The vital waterway, Strait of Hormuz, is closed. This 1,200-kilometer...- Iran, Israel War: The world is on its way to a 'doomsday' gas crisis scenarioIran War LNG Plant Strikes: After Iranian strikes shut Qatar’s Ras Laffan LNG hub, about 17% of global supply is offline, triggering a deep...
- Weeks of Israel-Iran war are reshaping the global gas market for years to comeQatar's largest liquefied natural gas plant is shut after an Iranian drone attack. This disruption causes global energy strain. Emerging na...
- ExxonMobil closes UK plant blaming 'policy' obstaclesExxonMobil is closing its Fife Ethylene Plant in Scotland in February 2026, citing difficult economic and policy conditions in Britain. The...
- Closures, disposals reshaping the global petrochemical sectorGlobal petrochemical sector is undergoing a significant transformation with closures and disposals, particularly in Europe, due to rising c...
- Ida's fury hits US oil production, gasoline suppliesHurricane Ida knocked out at least 94% of the offshore Gulf of Mexico oil and gas production and caused "catastrophic" damage to Louisiana'...
- BP to close Australian oil refinery, losses seen outlasting pandemicBP is the first of Australia's four refiners to pull the plug on its plant in the wake of this year's slump in demand, triggered by the cor...
- Oil dips as US rigs, refiners appear to have avoided worst of stormBrent crude futures for October, set to expire on Friday, fell 9 cents, or 0.2 per cent, to $45.00 a barrel, while the more active November...
- Lost in oil’s rally: $2 trillion-a-year refining industry crisisWhat happens to the oil refining industry will have ripple effects across rest of the energy industry.
- The next chapter of the oil crisis: The industry shuts downThe economic impact of the Covid-19 has ripped through the oil industry in dramatic phases.
- Jindal Poly Films in talks to acquire European operations of DuPont Teijin FilmsIf completed, the acquisition will propel the company to the world's largest in a category that's dominated by Chinese conglomerate Kangde ...
- SunEdison bankruptcy: Is India’s sunrise sector staring at another Enron?Both SunEdison and Enron came into India with mega promises; both were crushed by their own ambitions as their financial practices unravell...
- ONGC, partners to invest $24 billion in Mozambique gas fieldONGC and its partners will invest about $24 billion in producing natural gas from a giant field off Mozambique, converting it into LNG for ...
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