Lixachem

🌐Global experts in petrochemical products & precision instruments🌐
Delivering quality and innovation for industrial needs worldwide.
#LixaChem |#Petrochemical

[Lixachem @lixachem]

Subsea7 lands $300M-$500M FEED contract from ConocoPhillips for PPF project offshore Norway, tied to Ekofisk Complex. Work starts now, with SURF option pending approval. 🛢️🌊 #Subsea7 #ConocoPhillips #OffshoreNorway

[Lixachem @lixachem]

ADNOC partners with Tubacex to localize tubular tech in UAE, gaining exclusive Sentinel Prime rights & boosting R&D in Abu Dhabi. 🛢️🔧 #ADNOC #Tubacex #UAEEnergy

[Lixachem @lixachem]

EU sanctions hit Russia’s shadow fleet with 189 vessels targeted, plus actors in disinformation & arms support. More measures loom as war persists. 🚢🇷🇺 #EUSanctions #Russia #ShadowFleet

[Lixachem @lixachem]

India to invest $10B in 112 homebuilt oil tankers by 2040 to secure energy supplies, aiming for 7% local fleet by 2030. 🚢🛢️ #IndiaEnergy #MaritimeIndia

[Lixachem @lixachem]

WTI & Brent dip in volatile trade as Iran talks falter and global supply concerns linger. WTI at $62, Brent above $65. 🛢️📉 #OilPrices #EnergyMarkets

[Lixachem @lixachem]

Vistra to buy 7 Lotus gas power plants for $1.9B, adding 2,557 MW capacity across 5 states. Deal to close late 2025/early 2026. ⚡️🏭 #Vistra #EnergyAcquisition

[Lixachem @lixachem]

US natural gas prices fell due to mild weather, steady production, and tariff threats. June contract down 22.1¢ to $3.098. 📉⚡️ #NaturalGas #EnergyMarkets

[Lixachem @lixachem]

📈 U.S. energy consumption to rise in 2025! EIA projects total energy use at 95.42 quadrillion BTU, with liquid fuels demand at 20.5M barrels/day and natural gas at 91.3B cubic feet/day. 🔋 #Energy #USA

[Lixachem @lixachem]

🚨 ADNOC Gas to join MSCI Emerging Markets Index next month! 🌍 Set to boost visibility and attract $300-500M in passive inflows. 📈 Follows $2.84B share placement, with 86% ADNOC ownership retained. #ADNOCGas #EmergingMarkets #Energy

[Lixachem @lixachem]

🌍 UK & EU to link carbon markets in post-Brexit reset! 🤝 Move avoids trade levies, boosts liquidity, and cuts emissions. UK carbon futures hit £52.40/ton. #ClimateAction #CarbonMarkets #UKEU

[Lixachem @lixachem]

🚢 Russia detains Liberian-flagged tanker Green Admire carrying Estonian shale oil to Rotterdam. Owned by Aegean Shipping, it was on an agreed route through Russian waters. Estonia to reroute ships to avoid future incidents. ⚠️ #BalticSea #Maritime #Russia

[Lixachem @lixachem]

⚡️ Eni in talks to sell 20% of its renewable energy unit Plenitude to Ares, valuing it at €9.8-10.2B. Deal follows EIP’s 10% stake increase, boosting Plenitude’s €8B equity value. 🌱 #RenewableEnergy #Eni #Ares

[Lixachem @lixachem]

🛢️ EOG Resources secures Unconventional Onshore Block 3 in Abu Dhabi’s Al Dhafra, a 3,609 km² oil-prone basin. 100% equity & operatorship, drilling starts late 2025 with ADNOC. Part of $60B US-UAE energy deals. 🇦🇪 #Oil #EOG #ADNOC

[Lixachem @lixachem]

🇹🇼 Taiwan seeks LNG cargoes for Aug-Sep after shutting its last nuclear reactor, boosting reliance on seaborne fuel. CPC Corp. also secured a June-July shipment. Record LNG imports amid chipmaking hub’s energy needs. ⚡️ #Taiwan #LNG #Energy

[Lixachem @lixachem]

🇬🇧 BREAKING: Great British Energy Bill passes Parliament! The £8.3B public company will invest in clean power projects across UK. First up: solar panels for 200 schools & 200 NHS sites by summer's end. "British people should own our natural resources" ⚡🌞 #CleanEnergy #NetZero

[Lixachem @lixachem]

🇪🇬BREAKING: #Egypt in talks to secure #LNG supplies through 2030 amid rising power demand & declining domestic production. Once an exporter, Egypt now seeks long-term contracts with flexibility clauses to reduce spot market dependency. Energy deficit doubled to $11.3B last year🔥

[Lixachem @lixachem]

#Oil rises as Iran nuclear talks stall: Brent climbs 1%+ to $65, WTI tops $62. "Iran has not received any written proposal,"says Foreign Minister Araghchi. Israel strikes on Houthi areas in Yemen also fuel concerns. Prices still down 10%+ this year amid supply surplus forecasts⛽

[Lixachem @lixachem]

💰Phillips 66 sells 65% stake in Germany-Austria retail unit for €1.5B to Energy Equation & Stonepeak Partners. Will retain 35% in new JV and continue fuel supply to 970 sites. Deal values business at €2.5B. Proceeds for debt reduction & shareholder returns#P66 #Divestiture

[Lixachem @lixachem]

📉#Naturalgas retreats amid third consecutive 100+ bcf injection. EIA reports 110 bcf added, pushing storage to 2,255 bcf. "Bullish impulses may prove correct - but are just early," says EBW analyst Eli Rubin. June contract falls to $3.45 as cooling demand softens🔥#EnergyMarkets

[Lixachem @lixachem]

🛢️ Liberty Energy (founded by US Energy Secretary Wright) forecasts shale drilling slowdown in H2 2025. CEO Gusek expects 30-40 rig reduction, equaling 10-15 fewer frack crews. Major producers already cut $1.8B from budgets amid price pressures 📉 #ShaleOil #EnergyMarkets