Tag Archives | US shale gas

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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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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Dow Chemical And Back To The Future

By John Richardson

HOW the world has changed. Dan Loeb of the Hedge fund, Third Point, wrote in a letter proposing a spin-off of Dow Chemical’s petrochemicals assets: “We suspect that Dow’s push downstream has led the company to use …

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ExxonMobil Highlights US Growth Challenge

By John Richardson

WHEN somebody very senior in the petrochemicals industry makes a bold statement – one that pulls no punches – it is worth taking note.

And so it is worth reading in full what Stephen Pryor, ExxonMobil Chemical …

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Gas, Gas, And Perhaps Even More Gas

By John Richardson

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 …

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Life After The “Sugar High”: Oil Prices And Petrochemicals

By John Richardson

WHY is it that even though demand in the US for petrochemicals is still well below the 2007 peak, as indicated by the latest American Chemistry Council capacity utilisation chart, the November ICIS Petrochemical (IPEX) for the …

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New Consensus Builds On Ethylene Supply Gap

By John Richardson

THERE seems to be a new consensus emerging over an ethylene capacity addition shortage between 2013 and 2017.

Many of the projects that are supposed to come on-stream during that period will either be delayed, or perhaps …

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Water Shortages to Scupper China CTO Industry

 

By John Richardson

THE debate about how exactly how much coal-to-olefins (CTO) capacity China will add has been largely around the economics of the process versus that of naphtha cracking.

In terms of capital costs, building a CTO complex …

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