Group 1 - The global naphtha market is currently in a state of divergence, with expectations of this trend continuing into 2026 [1] - In Asia, the market faces pressure from weak petrochemical profits due to ongoing capacity optimization and uncertainties in Russian naphtha supply [1] - The European naphtha market is primarily characterized by structural contraction, while the US market is expected to experience a moderate recovery [1] Group 2 - In Asia, the restructuring plan of the South Korean petrochemical industry is a key focus, with plans to cut ethylene capacity by 2.7 to 3.7 million tons per year [1] - Major companies like LG Chem and GS Caltex are exploring integration of naphtha cracking facilities, while specific plans from other producers are still pending [1] - Japan's naphtha demand is declining due to low petrochemical product profits and planned facility shutdowns, with significant reductions in ethylene capacity in the Chiba region [2] Group 3 - The uncertainty surrounding Russian supply has led to decreased purchasing interest from buyers in Asia, with more arbitrage supplies from Europe and the US flowing into the Asian market [2] - Despite the ongoing negotiations regarding the Russia-Ukraine conflict, the uncertainty in Russian naphtha supply remains, although current market supply is still considered adequate [2] - In Europe, traditional oil-based naphtha demand is expected to decrease at an average rate of 1.2% annually due to deepening carbon neutrality policies and refinery shutdowns [3] Group 4 - The EU's Carbon Border Adjustment Mechanism (CBAM) is projected to increase production costs by $25 per ton, further suppressing demand [3] - In the US, naphtha demand growth is expected to rebound to 1.8% due to the easing of ethane substitution effects and the commissioning of new petrochemical projects along the Gulf Coast [3] - The increase in US light naphtha exports to Europe may further stimulate domestic demand [3]

斯伦贝谢数字化业务总裁拉凯什·贾吉表示："数字技术与AI正在重塑能源行业。通过与壳牌等行业领导 者合作，我们将加速开发先进的数字与自主AI解决方案，通过自动化与自主化变革行业工作模式，从 规划到运营为上游业务创造价值。" 此次合作延续了两家公司长期的技术伙伴关系，标志着双方在行业数字化与智能化转型方面迈出更深一 步。 中化新网讯 近日，全球领先的能源技术公司斯伦贝谢与能源巨头壳牌签署战略合作协议，将联合开发 应用于油气领域的自主智能体人工智能(AI)技术，旨在提升行业技术专家与决策者的工作效率与能力。 根据协议，双方计划构建开放的数据与AI基础设施，在安全的数字环境中整合地下勘探、钻井建设和 生产运营等全链条数据与工作流程。斯伦贝谢将以其Lumi数据与AI平台为基础，推动智能化解决方案 的研发与应用。 ...

Group 1 - The core event involves a large-scale military strike by the U.S. on Venezuela, leading to significant uncertainty in the country's oil supply chain and causing volatility in global energy and chemical markets [1] - Venezuela currently exports approximately 800,000 to 900,000 barrels of oil per day, primarily to Asia and the Caribbean, with the state-owned oil company PDVSA claiming that major production facilities were not severely damaged [1][2] - The damage to the key export hub, La Guaira port, remains unclear, and the existing low operational capacity of PDVSA's refineries, averaging only 350,000 barrels per day, exacerbates the situation [1][2] Group 2 - Venezuela has proven oil reserves of about 300 billion barrels, mainly located in the Orinoco heavy oil belt, but its production has significantly declined due to underinvestment and technical limitations [2] - The current geopolitical situation may deter foreign investment, delaying the development of heavy oil resources, while a stabilization could attract international capital back, potentially reviving production capacity [2] - The reliance on imported diluents for heavy oil production means that ongoing instability could hinder diluent supply, further widening the global heavy crude oil gap and increasing pressure on chemical raw material supply [2] Group 3 - The volatility in Venezuelan oil supply directly impacts refining raw material availability, affecting prices of finished oil products and petrochemical intermediates, which are crucial for downstream manufacturing [3] - Global chemical companies are closely monitoring the situation and some have initiated contingency plans, but adjustments in processes are time-consuming and increase costs, squeezing profit margins [3] - The event highlights the importance of diversifying raw material supply in the refining and chemical industries, prompting companies to optimize supply chains and enhance processing capabilities for alternative materials [3]

2025年11月数据显示，阿根廷原油日产量达84.44万桶，同比增长12.5%。核心增量来自瓦卡穆尔塔页岩 区，当月该区页岩油日产量57.85万桶，同比激增30.68%，占全国总产量的68.51%，成为绝对增产主 力。天然气产量同比下滑7%，至42亿立方英尺，创2023年12月以来新低。尽管瓦卡穆尔塔页岩气仍占 全国产量65%，但受气井维护、价格低迷导致钻井收缩及基础设施不足等因素影响，产量微降1%。 据介绍，页岩能源革命已为阿根廷带来显著经济红利，2024年该国实现能源净出口，创下近二十年最大 能源顺差，为经济复苏注入关键动能。分析师预测，2030年阿根廷原油日产量有望突破100万桶，页岩 气开发或推动天然气日产量超60亿立方英尺。不过，天然气产能释放仍受基础设施短板与价格回暖节奏 制约，国际资本波动、地缘政治等因素也可能影响投资与产能落地节奏。总体而言，瓦卡穆尔塔页岩开 发重塑了阿根廷能源格局，阿根廷的低本高效开发与长期资本投入巩固了这一优势，原油增产与能源净 出口显著改善经济基本面，而天然气领域需突破基建与价格瓶颈方能充分释放资源潜力。 中化新网讯 据2025年11月数据显示，受益于页岩油气规模化开发， ...

Core Viewpoint - The "Vulcan Project," a green ammonia development project in Mejillones, northern Chile, has officially received environmental approval, marking a significant milestone for the project [1] Investment and Development - The total investment for the project is $2.5 billion, developed by the local company Mejillones Ammonia Energy [1] - The project will be constructed in two phases, with each phase expected to produce 310,000 tons of green ammonia annually, ultimately reaching an annual production capacity of 620,000 tons [1] Timeline and Environmental Impact - Construction is expected to begin in 2027, with commercial operations slated to start in 2029 [1] - Once fully operational, the project is anticipated to reduce carbon dioxide emissions by over 1 million tons per year [1] Infrastructure and Resource Utilization - The project will include a 600-megawatt solar power plant and energy storage system, utilizing wastewater currently discharged into the sea by the city of Mejillones [1] - The site is strategically located in an area rich in solar resources and close to major mining regions in Chile, which will help drive domestic demand for green ammonia [1] Industry Significance - This facility is the first industrial-scale green ammonia project in Chile to complete all necessary permitting processes [1]

Core Viewpoint - Lanxess has been awarded the "Carbon Innovation Award" at the AICM 2025 Public Open Day Awards for its systematic and in-depth public communication practices that promote the integration of green production and safety management [1] Group 1: Company Achievements - Lanxess has participated in the AICM Public Open Day activities for 14 consecutive years since joining in 2012 [1] - The company has received multiple awards including the "Hope Light Inspiration Award," "Bright Future Award," and "Excellence Contribution Award" [1] Group 2: Industry Engagement - Through the Public Open Day initiative, Lanxess has deepened its understanding and trust with local governments, media, and the public [1] - The recent award reflects Lanxess's commitment to an open and transparent communication culture, which is seen as a testament to its efforts in promoting industry progress [1]

Core Viewpoint - The Ghana National Petroleum Corporation has officially resumed production at the Tema Oil Refinery, ending a nine-year shutdown that began in 2017 due to debt issues [1] Group 1: Production Resumption - The Tema Oil Refinery has a designed capacity of 45,000 barrels per day and is currently operating at a load of 28,000 barrels per day [1] - The refinery's long-term shutdown was primarily due to debt problems, which led to the cessation of funding support from its main lender, Ghana Commercial Bank [1] - Prior to its complete shutdown in 2017, the refinery had experienced multiple unplanned outages due to financial and supply issues [1] Group 2: Future Capacity and Impact - The company has announced that with the introduction of new furnaces and air coolers, the refinery's mid-term capacity is expected to increase to 60,000 barrels per day [1] - This development is significant for Ghana, which has been heavily reliant on imports to meet domestic fuel demand, with an average projected import volume of 165,000 barrels per day by 2025 [1] - The reopening and future capacity enhancement of the Tema Oil Refinery will help stabilize the country's fuel supply and gradually reduce dependence on foreign imports [1]

SABIC聚合物事业部特材业务副总裁Sergi Monros表示："随着AI融入几乎所有行业与环境，数据中心市 场需要独特的材料解决方案，来支持高速率、高带宽、低延迟的基础设施，并实现更高水平的性能和可 靠性。除投资于特种材料与服务以加速该领域的新产品开发外，SABIC还拥有专门的专利布局，用以保 护我们为客户开发的创新解决方案所包含的知识产权。" 据介绍，此次PPE低聚物扩产计划将于2026年下半年完成，届时可帮助PCB制造商在产品需求持续增长 的情况下保持较短的交货周期。SABIC在该领域的旗舰产品NORYL SA9000是一种改性的低分子量、双 官能团PPE低聚物牌号，适用于制造5G基站和高速AI服务器PCB所用的高性能多层覆铜箔层压板 (CCL)。该材料兼具高耐热性、尺寸稳定性、阻燃性以及更强的层压能力，可生产层间结合力更高、损 耗极低的CCL产品。它可为现有的CCL生产工艺提供显著的配方灵活性，并已被证实可兼容于多种不同 的溶剂型热固性树脂体系。 中化新网讯 沙特基础工业公司(SABIC)宣布，其基于聚苯醚(PPE)技术的特种低聚物将进行新一轮产能 扩张。此次扩产是基于此前在亚洲产能提升的承诺，旨在 ...

Core Insights - Yangzi Petrochemical is actively transitioning its logistics management model from "partial optimization" to "overall optimization" by 2025, aiming to reduce costs and increase efficiency by over 10 million yuan [1] Group 1: Cost Reduction Strategies - The company plans to implement strict management principles including "price reduction, total control, indicator limitation, and target management" to manage expenses effectively [1] - In the crude oil receiving phase, Yangzi Petrochemical is enhancing its large vessel passage capabilities and adopting a "zero-waiting" approach for loading and unloading tasks, resulting in a reduction of water transport costs by over 10 million yuan [1] - The company has achieved a cumulative cost reduction of 177,000 yuan through a project aimed at lowering transportation costs for deionized water in the ethylene oxide loading process [1] - After multiple negotiations, the company has successfully reduced rental costs for diesel, aviation kerosene, and gasoline tanks by over 13 million yuan [1] Group 2: Logistics and Storage Optimization - In the plastic product dispatch phase, Yangzi Petrochemical plans to fully establish and utilize a smart plastic warehouse by 2025, leading to the termination of over 20,000 square meters of external warehouse rentals [1] - The company is switching the polypropylene flat warehouse operations to direct dispatch, thereby minimizing unnecessary handling operations [1] - Efficient allocation of internal and external storage resources has led to the conversion of some warehouses into finished product warehouses for lithium battery separators, resulting in a total reduction of approximately 18 million yuan in plastic product handling and rental costs [1] Group 3: Collaboration and Additional Benefits - The company is promoting collaborative optimization of storage and transportation facilities with park enterprises and joint ventures, signing a service contract with Yangzi Innospec to increase the road shipment volume of acetic acid in 2025, which will bring additional benefits [2]

该公司召开节前安全生产专题会议，提前部署安全生产工作，并组织开展节前安全专项检查，对查出的 问题隐患实行"闭环管理"。此外，该公司严格落实领导干部值班带班制度，在疆领导班子成员全部深入 井队值班带班和巡井督导，安全、生产、技术部门干部全部下沉一线，加大现场安全监管力度;严格落 实"三位一体"监管机制，充分发挥安全环保督查、视频观察、现场HSE监督作用，及时叫停违章行为; 严格落实"四个必须、四个否决"管理要求，实施"现场+视频"双监护，确保高风险作业管控措施落实落 地。 中化新网讯 元旦假期，中石化中原石油工程公司塔里木分公司组织开展安全生产专项检查，严格领导 干部值班带班，对重点井实行提级管理，强化风险管控和隐患治理，确保钻井生产保持安全平稳运行。 ...