Prices
Industry & Facility
Regulation & Legislation
Public Policy

Braskem Sued In US For Ties To Petrobras Scandal

A Braskem SA shareholder sued the petrochemical company for securities fraud in a case tied to Petroleo Brasileiro SA (Petrobras), as litigation in the U.S. over the Brazilian energy company’s bribery scandal expands to customers.

Technology
Public Policy

EPA Strengthens UST Requirements

The U.S. Environmental Protection Agency (EPA) recently strengthened the federal underground storage tank (UST) requirements to improve prevention and detection of petroleum releases from USTs, which are one of the leading sources of groundwater contamination, according to the agency.

Fuels & Processing

SIBUR To Expand MTBE Production In Togliatti

Russian-based SIBUR recently announced that it has started the preparatory stage of an investment project to ramp up the production of methyl tertiary butyl ether (MTBE) at its production site in Togliatti.