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UK offshore exploration facing crisis, industry body warns

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UK Continental Shelf exploration is in a "parlous state," according to experts, and the downward trend has persisted since 2011, when the number of wells drilled slumped by 50%.
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BASF boosts polyarylsulfone capacity with new South Korean plant

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The South Korean plant will be capable of producing 6,000 metric tons of Ultrason polyarylsulfone a year, lifting BASF's global annual capacity to 18,000 metric tons.
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Mad Cow Disease case reported in Germany

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Bovine spongiform encephalopathy (BSE), as the disease is officially named, was identified in a slaughtered cow that did not exhibit any clinical signs of the disease.
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Iranian petrochemical industry faces challenges amid overcapacity, international sanctions

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As international sanctions remain, Iranian petrochemical companies are facing contraction.
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Australia to advance in shale energy development

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The U.S. shale energy revolution has led to a wave of shale exploration across the world, as governments are looking for ways to gain energy independence and cheap feedstock for a number of industries.
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Delays in Asian coal-to-chemicals plants give oil-based facilities chance to profit

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Although coal is still the dominant force on the Chinese energy market, there is an opportunity for crude-oil-based chemical plants to take off over the next three years.
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Total to invest $21 million in UK shale gas exploration

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French oil and gas company Total will obtain a 40% interest in two shale gas exploration licenses in Lincolnshire, under an agreement with British energy firm IGas Energy.
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Chilean mines may be required to use desalinated water

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Chilean members of parliament are proposing a bill that would require mining companies to use desalinated water in mining processes, in a bid to reduce fresh water consumption while meeting the industry's growing water needs.
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Canada's meat processing safety system rated as 'adequate'

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A USDA audit found that the Canadian Food Inspection Agency needs to improve its oversight on meat processing facilities, especially as it relates to humane handling of animals and sanitation.
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ExxonMobil launches new capacity at Singapore chemical plant

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U.S. energy company ExxonMobil has announced the opening of its expanded chemical plant in Singapore that will be able to process crude oil, as well as other commodities.
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