Tag Archives | shale gas

European Petchems: Necessity is Again The Mother Of Invention

By John Richardson

WHEN has a European cracker gone beyond its useful life? Forty or 50 years? Or maybe if you spend the right amount of money, it can last for a great deal longer.

Devoting enough ingenuity and capital …

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Rising US Oil Supply And How Innovation Never Stands Still

By John Richardson

NECESSITY is the mother of new inventions, and also of innovations that make improvements on old inventions.

When, for example, oil and gas prices were sky-high in the US, this prompted the late and great George Mitchell …

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European Energy Sovereign Wealth Fund Needed

By John Richardson

THE blog met with an old friend on its recent trip to the UK, a scientist, who moaned about her local MP’s  ignorance about why energy self-sufficiency was vital for any economy.

“He is opposed to shale …

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European Political Suicide Seems Unlikely

By John Richardson

For once, we are not going to talking about demand but will instead focus only on supply.

“In all scenarios, the US captures market share away from Europe,” the American Chemistry Council’s (ACC) chief economist, Kevin Swift, …

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China Reforms: The Global Implications

By John Richardson

IT can feel logical to assume that the fundamentals of the petrochemicals business in Asia haven’t really changed.

When you think about it, apart from a brief interruption in the region’s success story during the Asian Financial …

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US Jobs Revival A Mirage

By John Richardson

THE US is well and truly back economically was once again one of the themes at this year’s Asia Petrochemical Industry Conference (APIC) in Pattaya, Thailand.

It was argued that shale gas has led to a manufacturing …

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China Reconsiders Petchems Targets

By John Richardson

CHINA has long set targets for petrochemicals self-sufficiency in each of its  five-year economic plans – and those targets have been pretty aggressive as the chart above, showing the recent rise in ethylene production, indicates. These have …

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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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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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