Keyword: US shale gas boom

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European Chemical Industry Going Down the Drain, Says Ineos Chairman

10.03.2014 - Another petrochemical heavyweight has taken the stage to warn that Europe industry will lose competitiveness if it does not reduce its energy bill. In an open letter to European...

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BP Creates Independent U.S Onshore Oil & Gas Business

06.03.2014 - Oil and petrochemicals giant BP is creating a new business to manage its U.S. onshore oil and gas assets, in what the UK group hopes will allow it to compete more effectively with...

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German Chems Rail Against National Energy Policy

06.03.2014 - German heavy industry continues to turn the heat up on the federal government to alter its energy policies that companies contend promote renewables at the expense of conventional...

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Canada’s Agrium Going Ahead With Texas Nitrogen Expansion

26.02.2014 - Canadian fertilizer giant Agrium said this week it will proceed with plans for a US$ 720 million expansion of a nitrogen plant at Borger, Texas. Plans include a new urea production...

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Ineos Secures Second U.S. Shale Gas Supply Contract

18.02.2014 - Ineos has secured a second shale gas supply contract, with Consor Energy of the U.S., to feed its European crackers in Norway, the U.K., France and Germany from 2015. The ethane...

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Total Takes $500 Million Impairment on Barnett Shale Gas Field

14.02.2014 - French oil major Total said it took a $500 million hit on the Barnett gas shale area in Texas in 2013, due to the drop in gas prices in North America, where it has a joint venture...

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Dow CEO Liveris Defends Strategy Against Hedge Fund

30.01.2014 - In a conference call to present financial results for the fourth quarter and full year 2013, Dow Chemical CEO Andrew Liveris defended his strategy of integrating commodity...

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Total Deal Speeds Up UK Shale Gas Race

14.01.2014 - Total has become the first major oil and gas company to strike a deal to explore for shale gas in Britain, boosting a technology which has brought cheap energy to the United States...