natural gas

U.S. resin prices seen moving lower in 2023

Apr 23, 2023

U.S. plastic resin prices appear set to move closer in what is left of 2023 to lower prices elsewhere in the world, particularly after the North American market started to feel the full impact of plants started in recent months, a market analyst for polymers...

Mexico-based Braskem Idesa sets up venture for new ethane terminal; Huntsman completes sale of dyes, pigment division to Archroma; Braskem runs at reduced rates in Brazil but steady in the U.S.

Mar 6, 2023

News Briefs

Shell´s traders help company´s first quarter 2022 profit by finding opportunities amid highly volatile period

May 24, 2022

Shell, which plans to reduce refineries down to five “parks” with integrated renewables and chemical production, has been successfully using trading to offer LNG and other products in global markets and turn volatility into profit as it makes efforts to help...

Global electricity emissions reach new highs along with fossil-fired generation increase

Jan 24, 2022

Global carbon emissions related to electricity generation rose in 2021 in the first increase in three years as some power generators in America, Asia and Europe resorted to the more polluting coal as an alternative to the costlier natural gas.

U.S. Gulf Coast lost construction jobs as oil and gas investment slowed

Jan 24, 2022

U.S. construction investment in oil, gas fields and pipelines contracted 4% in January-November 2021 from a year earlier, according to data shared by the U.S. Associated General Contractors of America (AGC) in January.

Nigeria, Peru, Trinidad 2021 LNG issues result in $300 million opportunity loss for Shell just in third quarter

Nov 9, 2021

Royal Dutch Shell faced just in July-September an opportunity loss, or the value of the unrealized scenario of having enough of its own supply to serve its contracts, of an estimated $300 million that resulted from LNG production problems in Trinidad, Nigeria...

U.S.jet fuel demand seen back to pre-pandemic levels by late 2022; Dow posted $14.8 billion net sales revenue for July-Sep 2021; Braskem gets creditors approval for Mexican contract changes; Mexico’s Alpek to increase PET recycling capacity

Oct 26, 2021

News Briefs

U.S. Gulf Coast chemical plants, refiners study carbon dioxide storage to cut emissions

Sep 28, 2021

Chevron, Dow, ExxonMobil, INEOS and LyondellBasell as well as other petrochemical companies and refiners will jointly study the feasibility of using underground storage to trap carbon dioxide from operations currently released as air emissions.

U.S. LNG exporters seeing strong demand recovery and record volume

Aug 24, 2021

U.S. Liquefied Natural Gas (LNG) exporters, which started shipments five years ago and this year are set to for the first time export more natural gas than what is shipped abroad through pipelines, are seeing strong demand this year from Asia, Europe and...

U.S. ethanol production hit hard by mid-February freezing as it recovers from 2020

Apr 6, 2021

Freezing weather that in mid-February extended across the U.S. and impacted petrochemical and refining operations in the Gulf Cost also disrupted ethanol output in the Midwest, according to a late March report from the Energy Information Administration (EIA).

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