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  • Decision time in Europe, N America

    Many Asian companies have been cutting back petchem production in recent weeks. Now TOTAL have become the first to follow suit in Europe, with the announcement that they will shutdown the Carling No 2 cracker for a month from mid-November. These decisions are never easy. But as the blog has noted before...
    Posted to ICIS Blogs (Weblog) by Anonymous on 10-24-2008
  • Interesting quotes (5)

    Every now and then , a few interesting quotes come along, which seem to recent summarise developments, and set the tone for the next few months. The last few days is a good example of this process at work: 'The era of cheap energy is over, as oil production isn't rising fast enough to meet demand...
    Posted to ICIS Blogs (Weblog) by Anonymous on 06-09-2008
  • Russian crude supply 'peaking'

    Russia is the world’s 2nd largest oil producer. And it has been the main source of increased crude production in recent years. Its output rose 58% between 1999-2006, from 6.2mbd to 9.8mbd. Now Lukoil’s VP, Leonid Fedun, has told the Financial Times that he thinks 2007 output will be ‘ the highest he...
    Posted to ICIS Blogs (Weblog) by Anonymous on 04-16-2008
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