Oil and chemical traders believe the U.S. will become a net exporter for the first time in generations, according to Petrochemical Update’s North American Downstream Market Outlook and Insights 2019.

Oil price recovery, growing demand and increased feedstock supply are driving additional oil and gas capital projects globally, but the U.S. is now capturing the largest share of global energy industry investment, according to data released this week.

Chemical plants, refineries and critical logistics are working diligently to restart more than a week after 50 plus inches of rain from Hurricane Harvey left much of the U.S. manufacturing base underwater in Houston and South Texas. While the economy is...

The market will have absorbed the additional supply of polyethylene from the first wave of U.S. Gulf Coast petrochemical projects by the time Shell Chemicals' ethane and derivatives complex in Beaver County, Pennsylvania comes on stream in the early...