Tag Archives | ExxonMobil

ExxonMobil, Energy Efficiency And Innovation

By John Richardson

SAVING money through energy efficiency, along with innovation, will be two of ┬áthe keys to success in the New Normal because ┬ádemand-growth patterns will be very different than during the Supercycle. The suspension, which guaranteed success for …

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Tackling The SOEs

“The state advances as the private sector retreats…” The table below shows the size of China state-owned enterprises versus some other corporate giants.

Source of table: The Economist. ICBC is the Industrial and Commercial Bank of China. 

 

By John …

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Asian Operating Cuts Not Enough

By John Richardson

ASIAN naphtha cracker operators have cut production in response to the exceptionally weak China market, according to ICIS.

Yeochun Naphtha Cracker Centre (YNCC) has, for instance, lowered operating rates to 90 percent from 100 percent at its …

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China’s Shale Gas Potential

By John Richardson

THE shale-gas revolution, which, of course, is already well underway in the US, could also have major implications for petrochemicals in China.

China has 1,275 trillion cubic feet of recoverable shale-gas reserves, according to the Energy Information …

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PX – PTA market struggle intensifies

By Malini Hariharan

Asian paraxylene (PX) and purified terephthalic acid (PTA) markets have started 2012 on a contentious note that is likely to be repeated for the rest of the year.

The January Asian Contract Price (ACP) for PX is …

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To frack or not to frack…

By Malini Hariharan

…is a debate that has starting moving out of the US. A desire for energy independence has seen countries like Poland to embrace shale gas with the government welcoming US companies to quickly develop the country’s reserves, …

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The slow trek downstream

By Malini Hariharan

Nearly two years after SABIC and ExxonMobil signed an agreement for a multi-billion dollar 50:50 joint-venture elastomers complex iin Saudi Arabia, the two majors have yet to take a final decision on the project.

At last year’s GPCA …

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ExxonMobil Says Qatar C2s Still On

By John Richardson

EXXONMOBIL is insisting that its cracker and derivatives project with Qatar Petroleum is still on despite a media report to the contrary.

It certainly seems as if there are several suitors for this particular bride – perhaps …

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ExxonMobil Formally Out Of Qatar C2s – Report

Qatar Builds Its Future

 

Source of picture: The New York Times

 

By John Richardson

EXXONMOBIL and Qatar Petroleum have formally ended their agreement to build a $6bn petrochemical complex in Qatar, says a report by the Middle East …

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Operating problems strike Asian polyolefins

By Malini Hariharan

Just when polyolefin markets have started recovering operating issues are cropping up at plants in Asia.

ExxonMobil was forced to shut its 600,000 tonnes/year polyethylene (PE) plant in Singapore on Tuesday for two weeks due to undisclosed …

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