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The Petronas Decision And Singapore

By John Richardson

THE blog continues to ponder the significance of the Petronas announcement that it is to go ahead with its $27bn refinery-petrochemicals project – the Pengerang Integrated Complex (PIC) at Johor in Malaysia.

“It means that Singapore faces …

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China Turns A Corner On Shale Gas

By John Richardson

CHINA has more shale gas reserves than the US, and, like the US six years ago, confronts a dangerous reliance on imported energy.

But the development of the shale industry in China is being hampered by water …

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The Petronas Decision: What It Means

By John Richardson

LAST week’s decision by Petronas to go ahead with its $27bn refinery and petrochemicals complex at Pengerang in Johor, Malaysia, tells us that:…

Nation building remains important in the petrochemicals business. This project will create huge further

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US Shale Gas: Demand Is The Thing

By John Richardson

Here is one way of looking at the shale gas industry in the US from a March Oxford Economics Report:…

While most of the companies that have made write-downs are not quitting, many players in this industry

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US Petchems Risk Getting Only One Cookie

By John Richardson

WALTER Mischel, the psychologist, carried out an experiment on four-year-old children in the late 1960s.

“They were given a choice between a small reward (one Oreo cookie), which they could have at any time, or a larger …

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What Comes After Shale Gas

By John Richardson

IF the blog had a dollar for every occasion it had heard the phrase “ the shale gas revolution” over the last five years, we would be sitting on the deck of our yacht in Monte Carlo …

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LNG As Geopolitical Tool: US Would Need To Turn Communist

By John Richardson

OVER the last couple of weeks, ever since Russia effectively annexed the Crimea, it has been argued that the US can use LNG as geopolitical weapon.

By making the approvals process easier for LNG export terminals, this …

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Europe’s Dinosaur Destiny

By John Richardson

DINOSAURS became extinct, scientists think, because of an event beyond their control – either an asteroid colliding with the earth, volcanic activity, an ice age, disease or gradual climate change.

With all due respect to the former …

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China’s About Turn: The Seven Global Implications

By John Richardson

HISTORIANS will end up concluding that falling emerging market currencies and stock markets – the prelude to what could be a full-blown crisis –  is really about China and not about the US Federal Reserve. The Fed …

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US Shale Gas And Income Distribution

By John Richardson

THE US shale gas and tight oil-driven energy revolution offers fantastic economic opportunities.

Kevin Swift, Chief Economist and Managing Director of the American Chemistry Council, provided a comprehensive and very valuable summary of the opportunities during his …

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