Category: Chemical

January 23, 2020

As the tiny nation of Guyana sends off its first tanker full of crude, the world welcomes a newcomer to the ranks of high volume oil producers. With fresh discoveries this month off small nearby countries, this small stretch of […]

January 14, 2020

When it comes to the future sustainability (excuse the pun) of oil companies, there are two trains of thought, one of which is that they should ‘stick to their knitting’ and just focus on what they are good at, which […]

January 13, 2020

2019 may have been the year clean energy irreversibly turned a corner toward dominance in the United States. After all, who could have foreseen last January that America would realize existing coal can’t compete against new renewables, see new solar-plus-storage […]

January 13, 2020

Forty years ago, the conventional wisdom about oil was that we were running out of it and needed to find ways to conserve. Twenty years ago, it was faddish for people in the oil business to talk about the then-assumed […]

January 7, 2020

As crude prices react to escalating tensions between the United States and the Islamic Republic of Iran, now is an important time to understand the key distinction between energy “independence” and energy “security” as the terms apply to the U.S. […]

January 6, 2020

The giving season is over for most Americans. And some Democratic senators think it must also end for coal: They want a congressional watchdog agency to look into whether a $1 billion subsidy to chemically-cleanse coal is paying off. The […]

December 26, 2019

December 20th marks a historic milestone for Guyana, the small South American country that is soon to become the fastest growing economy in the Caribbean. Late in the evening, ExxonMobil and its partners announced that it had produced the first […]

December 19, 2019

In keeping with what has become an annual tradition, we took out our handy crystal ball – manufactured from petroleum-based materials, of course – for a look at expectations for the year to come in 2020. What the crystal ball […]

December 9, 2019

The facility will be capable of processing up to 100 tpd of post-consumer polystyrene and converting it into a styrene product that will go into the manufacturing of new polystyrene products. The facility will leverage Agilyx’s proprietary chemical recycling technology, […]

December 2, 2019

The World of today still seems to be similar to the world of 1940. The world of 2019 and the world of 1940 are both mainly based on oil and steel. We can see in movies and documentary reels that […]

November 26, 2019

Trust is critical to all businesses. Without it, customers and investors take flight and profits tumble. When it comes to oil and gas, securing trust was once a relatively easy affair. On one hand, companies had to demonstrate that they […]

November 20, 2019

The agreement, worth up to US$60 million, will focus efforts on optimising the core technology, overall process integration and large-scale deployment of carbon capture solutions. ExxonMobil is exploring options to conduct a pilot test of next-generation fuel cell carbon capture […]

November 14, 2019

Along with slower global demand growth, surging U.S. oil production has been the primary bearish factor in the oil market. Per U.S. Department of Energy numbers, domestic crude output is at all-time records of 12.6 million b/d, some 80% of […]

November 11, 2019

U.S. shale oil production has shown some signs of moderation in recent months and production growth could be slowing, but experts told CNBC at Abu Dhabi’s influential oil & gas summit that the U.S. shale revolution won’t be stopped any […]

October 10, 2019

OPEC trimmed its forecast for oil demand growth for the third month in a row on Thursday, citing weaker-than-expected data in the Asia Pacific region as well as advanced economies in the Americas. The move is likely to add to […]