Tag Archives | PetroChina

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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China’s Environmental Balancing Act

A woman wearing a mask looks across the Pudong on 16 January this year

Source of picure: Zuma/Rex Features

 

By John Richardson

A DISPUTE between state-owned refiners Sinopec and PetroChina and environmental regulators serves as a good example of …

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US Support For Big China Shale Gas Challenge…..

……..Significant Commercial Production “At least Ten Years Away”

By John Richardson

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 …

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Multiple Energy Options In China

Source of table: The Economist

 

By John Richardson

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 …

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Northeast Asia PE Weakest Margins

 

Source: ICIS pricing Weekly Asian PE Margin Report

 

By John Richardson

The slide above shows how Northeast Asian naphtha-based polyethylene (PE) producers are struggling as a result of the weak China market (dark blue bars).

And it confirms …

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China Coal-to-Chems Challenges

By John Richardson

CHINA’s coal reserves will last only another 38 years at their present rate of extraction, according to Kai Pflug, CEO of Shanghai-based consultancy, Management Consulting – Chemicals, in this article from ICIS Chemical Business.

This suggests that …

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China Refining: Where Is It Heading?

By Malini Hariharan

Yesterday’s post talked about refining capacity additions in China and India over the next few of years and how this will contribute to weak refining margins across the region.

The blog obtained a preview of a presentation …

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Is China getting serious?

By Malini Hariharan

The Chinese government’s position on environmental safety has always been difficult to read. The official position for the last few years has been to reduce pollution by closing down old factories and forcing companies to invest in …

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European Petchems & Future Competitiveness

By John Richardson

Dear Reader

We hope and pray that the nuclear crisis in Japan will be resolved and that the rebuilding process following the earthquake and tsunami can be begin.

My colleagues at ICIS news are doing a comprehensive …

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What’s next for PetroChina and Ineos?

By Malini Hariharan

After months of talks, PetroChina finally signed a framework agreement with Ineos for partnerships in refining, trading and petrochemicals at Grangemouth in Scotland and Lavera in France. The companies will be working towards the formation of these …

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