Headline GRM weakened WoW. Ethylene declined; Propylene spread moved up WoW. HDPE spread softened; PP spread strengthened WoW.

In September 2020, BP announced a fundamental strategic reorientation. On the one hand, leaving oil and gas could allow BP, and other IOCs that follow its lead, the opportunity to focus on producing energy closer to their major consumers and leave be...

Headline GRM strengthened further WoW. Ethylene and Propylene spreads softened WoW. HDPE spread slipped; PP spread expanded WoW.

For the past decade South Africa has been on a slippery slope, with public debt rising from a low of 26.5% of GDP just before the 2008 global financial crisis to 63.5% by the end of FY 2019/20 in March. Much of the shortfall is due to a NERSA decisio...

On Aug 20, TOP’s board approved restructuring its stakes in power businesses. The purpose of the restructuring is to simplify the shareholding structure of its power business holdings. Upon completion of the plan, TOP will receive a net cash inflow t...

Last week, chemical prices and spreads moved in various directions. Also, there’s scope for upside to its long-term growth profile from new acquisitions. Lower supply (amid planned shutdowns and lower run rates among refineries) pushed gasoline sprea...