Petrochemicals

U.S. to Release 172 Million Barrels of Oil to Calm Market

America
The U.S. will release 172 million barrels of oil from the Strategic Petroleum Reserve, a step aimed at easing energy costs as the Iran...

IEA Announces Largest Oil Stock Release Amid Mideast War

News
The 32 Member countries of the International Energy Agency (IEA) agreed unanimously on 11th March 2026 to place 400 million barrels of oil from...

OMV Petrom Joins Black Sea Exploration Project Consortium

Europe
OMV Petrom, the largest integrated energy producer in Southeast Europe, has joined the exploration consortium developing the Han Tervel offshore block in the Bulgarian...

Woodside Energy Launches Trion Drilling Campaign with PEMEX

America
Woodside Energy, together with Petróleos Mexicanos (PEMEX), has begun the Trion drilling campaign at the Trion Field in the ultra-deep waters of the Gulf...

Equinor Reports Two New Discoveries in The North Sea Fields

Gases
Equinor has announced two hydrocarbon finds on the Norwegian continental shelf, reporting oil in the Troll area and gas and condensate in the Sleipner...

U.S. Undiscovered Offshore Reserves Hold a Century Of Supply

Drilling
The Bureau of Ocean Energy Management (BOEM) has released the 2026 National Assessment of Undiscovered Oil and Gas Resources, offering a detailed evaluation of...

Oil Dips Amid Hopes of De-escalation in the Middle East

Downstream
Oil prices fell sharply as hopes for de-escalation in the Middle East eased fears of supply disruptions following earlier geopolitical tensions. Oil prices fell 7%...

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White Papers

US Polyethylene Export Market Report 2017-2020

Whitepapers 0
Petrochemical Update released a detailed new whitepaper today, the US Polyethylene Export Market Report 2017-2020 a large 60+ page report detailing the fast-changing US...

Embedded SSD Flash Management

Upstream 0
This white paper will explore NAND flash technology and its inherent problems, and explain how proper flash management algorithms can address these issues and...

Enterprise SSD: More Than Just a New Kind of Hard Drive

Upstream 0
SSDs deliver unmatched data center performance. As solid-state drives (SSDs) are increasingly deployed throughout the enterprise, data center and IT managers need to fully...

Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

Upstream 0
Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...

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