Keyword: US shale gas boom

News

Exxon Starts World’s first Crude-Cracking Petrochemical Unit

09.01.2014 - ExxonMobil officially launched the world's first chemical unit that processes crude oil in Singapore, aiming to lower costs to better compete with rivals in a market saddled with...

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U.S. EPA Unlikely To Step Up Fracking Enforcement Efforts For Now

09.01.2014 - Federal regulators are unlikely to step up enforcement of potential water contamination cases linked to natural gas drilling - despite new concerns about water safety - given a...

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LyondellBasell Restarts Idled Texas Methanol Plant

06.01.2014 - As part of its drive to take advantage of the shale gas boom, LyondellBasell has restarted a methanol plant at its Channelview site in Texas. The polyolefins giant closed the U.S...

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Ineos May Apply for UK fracking licence

17.12.2013 - Ineos chairman Jim Ratcliffe has said the company may apply to pursue shale gas exploration in the UK when the government begins awarding additional fracking licenses. However, no...

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Ineos to Expand Norway Petchem Plant Capacity, Build Furnace

04.12.2013 - Ineos is building a new furnace at its petrochemical plant in Rafnes, Norway as it expands capacity to use ethane made from U.S. shale gas it will store in a tank under...

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German Firms Spend More in US Than at Home, Says VCI

27.11.2013 - In another communication expressing its growing frustration with the lack of clarity as to the energy policy of the new German federal government still being negotiated, the...

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Formosa Plastics Plans $2 Billion Ethane Cracker in Texas

27.11.2013 - One of Asia's largest chemicals and plastics producers, Taiwan-based Formosa Plastics, is seeking to cash in on the U.S. shale gas boom with its own $2 billion ethane cracker in...

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Chanos Says Oil Majors Increasingly Look Like ‘Value Traps’

20.11.2013 - Short-seller Jim Chanos said on Tuesday that shares of international oil majors like Exxon Mobil increasingly look like a value trap for investors as cash flows decline and return...