Post Tagged with: "plastic"

Oil’s Rush to Create Plastic May Be a Wrong Turn

Oil’s Rush to Create Plastic May Be a Wrong Turn

From Bloomberg

As fuel demand flattens, refiners shift production mix

Global waste backlash is dimming rosy forecasts for growth

As the world strives to wean itself off fossil fuels, oil companies have been turning to plastic as the key to …

June 5, 2019 - 3:01 pm Closing Bell Story‎, Energy News
Petrochemicals Will Drive World’s Oil Demand: IEA

Petrochemicals Will Drive World’s Oil Demand: IEA

Petrochemicals are set to account for more than a third of the growth in world oil demand to 2030, and nearly half the growth to 2050, adding nearly 7 million barrels of oil a day by then.

They are also …

October 8, 2018 - 5:53 pm Closing Bell Story‎, Oil and Gas 360 Articles
More Gas = More Polyethylene: First of Two 650,000 Tons-Per-Year Polyethylene Lines Begins Production in Mont Belvieu

More Gas = More Polyethylene: First of Two 650,000 Tons-Per-Year Polyethylene Lines Begins Production in Mont Belvieu

First polyethylene shipment from mega-plant is slated for export from Houston in October

ExxonMobil (ticker: XOM) Chemical Company started production on the first of two new 650,000 tons-per-year high-performance polyethylene lines at its plastics plant in Mont Belvieu, Texas.

The …

October 19, 2017 - 3:38 pm Closing Bell Story‎, Downstream, Oil and Gas 360 Articles
Energy Upside: the Surge of Ethane

Energy Upside: the Surge of Ethane

Natural gas production has increased aggressively over the last 10 years after the shale revolution unlocked the door to vast new resource potential.

In the U.S., marketed natural gas production has increased from 53.2 Bcf/d in 2006 to 78.9 Bcf/d …