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Petrochemicals – XtremeCuztoms

Category: Petrochemicals

Cory Morgan: Unrealistic Energy Sector Emissions Caps Will Kill the Canadian Economy’s Golden Goose

June 2, 2023
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Commentary Canada’s economy may manage to escape going into a recession despite economists predicting it would over the last few months. Higher-than-expected growth in the national GDP in the first quarter of 2023 has dampened speculation of an economic contraction. This has led to speculation the Bank of Canada will be raising interest rates again…

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Aramco and TotalEnergies to Build $11 Billion Saudi Petrochemicals Plant

December 15, 2022
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PARIS—Saudi Arabian Oil Company (Aramco) and TotalEnergies will join forces to build a new petrochemicals complex in Saudi Arabia, the French energy group said on Thursday. The project involves investment of about $11 billion, of which $4 billion will be funded through equity by Aramco (62.5 percent) and TotalEnergies (37.5 percent), the statement said. The…

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