Category: Chemical

February 14, 2019

Officially, Venezuela has the world’s largest crude oil reserves with 303 billion barrels of proved reserves. In reality, a lot of this oil is extra-heavy crude oil, and may not be economical to produce at prevailing prices. Thus, some portion […]

February 11, 2019

Energy industry leaders issued calls for a greater commitment to developing renewable energy sources during the 2019 World Government Summit in Dubai — and some honed in specifically on the U.S. coal industry as an obstacle to those goals. Siemens […]

January 28, 2019

An escalating trade war between the world’s two largest economies would be nonsensical, according to executives from the liquefied natural gas (LNG) market. Oil giants and energy companies are increasingly interested in LNG — a form of natural gas chilled […]

January 23, 2019

The shale oil revolution will remain in the spotlight in 2019 and promises to once again be one of the most crucial factors driving global oil markets. Rapid growth in U.S. oil production is single-handedly satisfying worldwide oil demand – […]

January 17, 2019

China, the world’s top importer of natural gas and second-largest buyer of liquified natural gas (LNG), just announced plans to increase its intake capacity of the seaborne fuel four-fold over the next two decades. Burgeoning demand for natural gas in […]

January 14, 2019

Oil and gas merger and acquisition (M&A) activity has ground to a halt in recent months due to extreme volatility in commodity markets. But don’t expect that to continue, especially in the U.S. exploration and production (E&P) sector, where valuations […]

January 10, 2019

“The activity level on the Norwegian Shelf is high. Production forecasts for the next few years are promising and lay a foundation for substantial revenues, both for the companies and the Norwegian society. There is considerable interest in exploring for […]

January 9, 2019

The U.S.-China trade war and booming American shale production are among the top worries for the United Arab Emirates’ energy minister and former OPEC president. After a volatile year for oil prices, hydrocarbon-exporting countries are buckling down for what could […]

January 8, 2019

With 28 countries and a combined population of around 512 million people, the European Union is something of a prized market — and political battleground — for the world’s largest energy exporters, particularly when it comes to natural gas. Russia […]

January 3, 2019

Surging fuel production will leave refiners well placed in 2019 to meet both domestic and external demand Major trends in new US refining capacity are adhering to Tier 3 (clean fuel) regulations, processing the wave of lighter crudes produced by […]

December 21, 2018

The oil and gas sector is delicately poised, between a steady and profitable past and an increasingly uncertain future. The imperative to tackle climate change means that companies are coming under greater pressure than ever before to reduce their emissions […]

December 13, 2018

While crude exporting countries worry about bearish forecasts for energy markets, the big oil supermajors can withstand fluctuating oil prices in the coming year, one ratings agency says. Cost cuts in the industry from previous years and promising cash flow […]

December 12, 2018

The US began exporting LNG from the Lower 48 states in February 2016, when the Sabine Pass liquefaction terminal in Louisiana shipped its first cargo. Since then, Sabine Pass expanded from one to four operating liquefaction trains, and the Cove […]

December 7, 2018

While the U.S.-China trade war installs a cease-fire, there is an emerging opportunity for us to better link with our European allies to supply them more energy. After all, Europe has long sought to lower an over reliance on Russian […]

December 6, 2018

Iran is refusing to cut its oil production at the latest OPEC meeting, saying it is a “red line” for the Islamic Republic. “It’s a red line for Iran to reduce its production, to contribute to a new cut in […]