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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 …
THE global petrochemicals industry is stepping on the gas as it accelerates both capacity expansions and the restructuring of existing assets. Apologies for the pun.
In the US, of course, some 25m tonnes/year of ethylene capacity is …
……..Significant Commercial Production “At least Ten Years Away”
A US-China Shale Gas Training Programme has been launched by the independent White House agency, the US Trade & Development Agency (USTDA).
An initial $378,000 will be invested to …
Source of table: The Economist
WHEN you are an energy giant such as Shell you can afford to explore multiple avenues in an effort to profit from China’s long-term energy needs.
Thus Shell re-affirmed last week …
FIVE years ago everybody had written-off the US petrochemicals industry, but now the industry is incredibly gung-ho, thanks to shale gas – even if the issue of demand is somewhat more problematic.
In five years time, might …