According to ChemAnalyst report, “India Methanol Market: Plant Capacity, Production, Operating Efficiency, Technology/Process, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, India Methanol market grew at a CAGR of around 7.15% during 2015-2019 and is projected to grow at a healthy CAGR during the forecast period. Increased Methanol demand as a fuel additive strengthened by India’s vision to creat
methanol (4)
According to ChemAnalyst report, “Global Methanol Market: Plant Capacity, Production, Operating Efficiency, Process, Technology, Demand & Supply, End Use, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, the global Methanol market is expected to grow at a healthy CAGR of 5.5% during the forecast period on account of increasing demand for Methanol-based fuels such as Neat Fuels, High Blends, Low Blends, etc. during the forecast period. In addition, Methanol is an ess
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• Exxon Mobil Halts Drilling Operations in Cyprus Energy
Exxon Mobil, the U.S. based multinational oil and gas company, has announced suspension of its two Cypriot gas drills scheduled for July 2020 till September 2021. The decision was taken in consideration to the pandemic stress and acute volatility in the international petrochemicals market due to plummeting prices of oil. The company has blamed the logistical disruptions and r
Global prices of crude oil further nosedived on Monday after Russia and Saudi Arabia delayed a critical meet to discuss over implementing a cut in oil production in order to alleviate oversupply in global market. After the last OPEC meet, the two oil producing giants have aggravated their rifts by indulging in a blame game over the fault in crude crises. Hence, pushing the scheduled date of discussion to Thursday that is 9 April. With ongoing crude production, Brent crude further fell to $30.03