ExxonMobil commissions plants at Singapore integrated complex

ExxonMobil Corp. affiliate ExxonMobil Asia Pacific Pte. Ltd. has started production of hydrogenated hydrocarbon resin and halobutyl rubber at its integrated manufacturing complex in Singapore, which has a crude oil processing capacity of 592,000 b/d and includes two steam crackers.  Source: News


Baker Hughes: US rig count drops 7 units to 1,052

The US drilling rig count reached 1,052 units working for the week ended June 22, down 7 rigs from a week ago, according to Baker Hughes data. The count is up 111 units from this time a year ago when the count stood at 941. Source: News


Australia’s EMO says gas shortfall averted until 2030

Running against the tide of earlier opinions, the Australian Energy Market Operator has declared that the forecast domestic gas shortfall for Australia’s east coast predicted last year has been averted. Source: News