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Bobby Yip - 1 Zhao Dong - 1 Sinopec - 1 Sushant Gupta - 1 Wood Mackenzie - 1 Gupta - 1 Russia's - 1 PetroChina - 1
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☆ Sinopec sets up new entity to expand refinery investment abroad
  + stars: | 2023-08-31 | by ( Chen Aizhu | ) www.reuters.com   time to read: +4 min
The company logo of China’s Sinopec Corp is displayed at a news conference in Hong Kong, China March 26, 2018. After a quiet launch in late June of Sinopec Overseas Investment Holding as its sole platform for investing, building and operating refineries abroad, Sinopec is building up the team and setting the budget for the new entity, two company officials told Reuters. One such investment could be in Sri Lanka, where Sinopec was shortlisted to bid for an export-oriented refinery in Hambantota potentially worth billions of dollars. Sinopec is also among companies reviewing Shell's Singapore refinery and petrochemical assets, Reuters reported recently, although its president this week denied such interest. Sinopec declined to comment on that matter.
Persons: Bobby Yip, Zhao Dong, Sinopec, Sushant Gupta, Wood Mackenzie, Gupta, Russia's, PetroChina, Exxon Mobil's, Glencore, CNPC, Chen Aizhu, Tony Munroe, Miral Organizations: REUTERS, Rights, Sinopec Overseas Investment Holding, Reuters, China Petrochemical Corp, Saudi Aramco, Wood, Gas Chemical, Russia's Sibur, Exxon, Sinopec, Thomson Locations: Hong Kong, China, Sri Lanka, Hambantota, Singapore, Yanbu, Saudi Arabia, East Siberia, France, Scotland, Japan, XOM.N, Altona, Australia, Brazil, Beijing, South Africa
☆ The world is running out of helium. Here's why doctors are worried.
  + stars: | 2022-10-22 | by ( Caroline Hopkins | Nbc News Contributor Caroline Hopkins Is A Health | Science Journalist Who Covers Cancer Treatment For Precision Oncology News. She Is A Graduate Of The Columbia University Graduate School Of Journalism. | ) www.nbcnews.com   time to read: +7 min
A global helium shortage has doctors worried about one of the natural gas’s most essential, and perhaps unexpected, uses: MRIs. Now, four of five major U.S. helium suppliers are rationing the element, said Phil Kornbluth, president of Kornbluth Helium Consulting. That’s where helium comes in: With a boiling point of minus 452 degrees Fahrenheit, liquid helium is the coldest element on Earth. “Without helium, MRIs would have to shut down.”Manufacturers like GE Healthcare and Siemens Healthineers recognize this vulnerability. As doctors dread possible worst-case scenarios, scientists who use liquid helium for research are already there.
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