By John Richardson THE US petrochemicals industry is battling hard to block an explosion in liquefied natural gas (LNG) investments that they fear would result in a rise in ethane, propane and butane feedstock costs. Andrew Liveris, CEO of Dow...
By John Richardson A MAJOR political battle is taking place in the US over the future of the booming natural gas industry which could well have major implications for the country's petrochemicals industry. There was angry reaction from Dow Chemical...
By John Richardson ALL of yesterday's excitement about the US overtaking Saudi Arabia and Russia by 2017 to become the world's biggest oil producer - and exceeding Russia to become the world's biggest gas producer by 2015 - needs to...
Source of graph: http://thinkprogress.org/ By John Richardson DANIEL Yergin's superb book, The Prize, describes how the history of the 20th century was shaped by oil and gas. Now we are entering a new era. Some 600,000 jobs have...
Chinese govt poster promoting the one-child policy By John Richardson IF all you can remember is strong emerging markets growth, then it is easy to be misled into only building into your scenarios the notion that China and...
By John Richardson THE blog has been attending the 25th World Gas Conference in Kuala Lumpur, Malaysia, this week where one of the themes repeated on numerous occasions has been the wonderful environment benefits of natural gas. Poor old coal...
By John Richardson THE feedstock landscape can change very rapidly as the shale-gas revolution amply demonstrates. But the assumption, right now, is that the landscape will not undergo any further radical changes. As a result, as much as 7.65m...
By John Richardson 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,...
By Malini Hariharan The energy landscape in North America is rapidly changing. After shale gas the focus has shifted to rising oil production from various unconventional sources, which has prompted some commentators to predict that the region will regain its...
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...
By Malini Hariharan The gas shortage in the Middle East, especially Saudi Arabia, has been well documented with the situation expected to ease in the longer term once investments in new processing plants have been completed. But in a recent...
We are deeply ashamed of ourselves.... By John Richardson AT the risk of boring you completely senseless let us once again return to the subject of liquefied petroleum gas (LPG) and its likely usefulness as a cracker feedstock over...
SABIC headquarters in Riyadh Source of picture: france24.com By John Richardson The days when the price of future ethane supply in Saudi Arabia - at the time called an advantaged feedstock because nobody knew what else to do...
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...
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...
By Malini Hariharan Qatar Petroleum's (QP) ambition to extend its global reach has taken the company to Algeria. QP is reported to have picked up a 10% stake in the Total-Sonatrach joint-venture petrochemicals project at Arzew, Algeria. The entry of...
Deepwater disaster expected to impact shale gas Source of picture: Minnpost.com By John Richardson THE booming shale-gas industry could either benefit or suffer from the BP Gulf of Mexico oil-well disaster, with the end-result determined by the effect...
By Malini Hariharan After enjoying years of plentiful supplies the Gulf Cooperation Council (GCC) countries face a gas shortage that could last another five years, says consultancy Booz & Co. And this is happening at a time when other...
By Malini Hariharan The blog has recently written about gas availability in the Middle East and upcoming changes to pricing which have big implications for the petrochemicals business. But the global gas market is seeing wider changes and these have...
Very interesting speech from Alan Kirkley, Vice President of Strategy and Portfolio for Shell Chemicals, which first of all goes over the predictable ground of where we are in the cycle and the threat from the Middle East. However, he...
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