South Korean petrochemical companies LG Chem and Lotte Chemical both made losses in 2024, dragged down by oversupply which is ...

Despite a growing trade war between Washington and Beijing, China's ethane imports from the U.S. are set to surge this year ...

Sinopec (China Petrochemical Corp.) expects China’s petroleum consumption will peak in 2027, at no more that 800 million metric tonnes or 16 million barrels a day. The state energy group released an ...

Despite a growing trade war between Washington and Beijing, China's ethane imports from the U.S. are set to surge this year ...

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Some of the new exports have been going to California. But between May 2024 – when the expanded pipeline went into operation ...

China and Brunei have pledged to work together on oil and gas exploration in the Sea, though a Chinese analyst noted that ...

Korea eases criteria for industrial crisis area designation to boost petrochemical sector Korea modifies industrial crisis area criteria in response to petrochemical sector struggles ...

The cooperation between Brunei and China will not only benefit the two peoples but also promote regional prosperity and ...

Decades of animosity between Iran and the United States are one of the main drivers of instability in the Middle East. Trump ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...