M. Holland will be exhibiting at MD&M West in Anaheim on Feb. 7-9. Stop by Booth #4115 to meet our Healthcare team and discuss how M. Holland’s line of medical-grade resins can help you develop safe and effective medical products and packaging.
The EU’s ban on seaborne imports of Russian crude oil products, including diesel and naphtha, took effect Sunday. The plan also imposes a price cap of $100/bbl on Russian diesel sales to third-party countries.
Economists expect new European sanctions on Russian fuel products to raise global prices, especially for diesel.
Russia’s revenue from oil and gas plunged by 46% in January from a year earlier.
Analysts are predicting Russia’s oil output will fall by as much as 42% by 2035, while OPEC’s global market share could grow from 30% today to over 45% by 2050.
India is playing an increasingly important role in global oil markets, buying more cheap Russian oil and refining it into fuel for Europe and the U.S.
France commissioned a study on potentially extending the lifespan of nuclear reactors to 60 years and beyond.
Chevron is showing renewed interest in developing Algerian shale fields, which have greater natural gas reserves than the U.S. and are well located to serve Europe.
A 7.8-magnitude earthquake and powerful aftershocks struck Turkey and Syria today, killing more than 2,400 people and injuring scores more.
Temperatures hit record lows in some parts of the U.S. Northeast over the weekend.
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