Basic Organic Chemicals

With so many lingering questions about batteries in electric vehicles, having a backup technology isn’t as crazy as it might sound. With so many lingering questions about batteries in electric vehicles, having a backup technology isn’t as crazy as it might sound. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

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Chesapeake Energy Corp. is expected to announce the sale of oil assets to a division of U.K. chemical maker Ineos Group AG for $1.4 billion, according to people familiar with the matter.  The deal could be announced as soon as Tuesday, the people said, and involves oil assets in the northern part of the Eagle Ford shale basin in south Texas. The sale would mark the first foray of Ineos, one of the world’s largest chemical producers, into U.S. oil and gas production, according to the people.…

As a deadline approaches for Russia to resume supplying natural gas to Germany this week, European officials and executives are growing concerned about a cascading economic fallout that would spread across the continent should Moscow keep the tap shut.The Nord Stream pipeline that ferries gas from Siberia to Germany closed last Monday for annual maintenance that is expected to last 10 days. Many in the West fear that Moscow might prolong the closure, possibly permanently, and deprive Germany, Europe’s industrial…

SEOUL—A weeklong trucker strike in South Korea over fuel costs and wages is tying up supply chains in one of Asia’s export powerhouses.Thousands of truckers are refusing to drive, while deliveries by truckers who are working have been thwarted by protesters—shutting steel plants, disrupting car production and delaying shipments of raw materials needed for semiconductors. The cost to key industries over roughly the past week comes to about 1.6 trillion won, equivalent to about $1.2 billion, the Ministry of Trade, Industry…