natural gas

China’s plastic ban and recycling launch marks end of ‘business as usual’ for plastics industry

Paradigm shifts start slowly at first, and it is easy to miss them. But then one day, they suddenly become obvious, and it becomes a scramble to catch up. That’s what happened on the waste plastic issue last week, when China decided to take action. As official news agency, Xinhua, reported: “The policy measures proposed

China’s plastic ban and recycling launch marks end of ‘business as usual’ for plastics industry Read More

Chart of the Year – Oil prices return to natural gas linkage

Last year’s ‘Chart of the Year’ was headlined “China’s auto sales bubble begins to burst“.  Few would disagree with this view today.  Similarly, there is little doubt about 2015′s Chart of the Year.  It has been the focus of industry and analyst attention all year: Those who believed that argument that the world faces an […]

Chart of the Year – Oil prices return to natural gas linkage Read More

5 Critical Questions every Company and Investor Need to Answer

Today’s uncertain economic and oil price  environment has created chaos in petrochemical feedstock and product markets.  This creates major risks for producers, consumers and investors. ICIS and International eChem have therefore decided to combine our resources to launch a new Study, that will analyse the potential impact of these developments on the olefins, aromatics and […]

5 Critical Questions every Company and Investor Need to Answer Read More

“Houston, we have a problem!”

Suddenly, far too late, the world is catching up with reality.  Goldman Sachs and others yesterday halved their forecast for Brent oil to $42/bbl from $80/bbl.  But this isn’t forecasting, this is simply catching up with events long after they happened.  Brent, after all, opened at $45/bbl this morning. As readers will remember, I forecast back in August […]

“Houston, we have a problem!” Read More

US fracking demand creates price volatility for hydrochloric acid

Fracking has completely changed the outlook for US natural gas supplies, as the above chart from the latest Energy Information Agency 2014 annual report shows: It forecasts a 56% increase in total natural gas production from 2012 to 2040 This is largely due to growth in shale gas (green) and tight gas (brown) Shale gas output […]

US fracking demand creates price volatility for hydrochloric acid Read More

Europe unprepared for hard winter without Ukraine gas

There is an alarming naivety about Western policymakers’ response to events in the Ukraine.  They have simply chosen not to recognise that Russia’s strategic objectives are no longer about building links with Europe, but are instead about creating a Eurasian Economic Union (EEU). Thus they assume that Russia will always put its economic interests ahead of its political objectives.  And […]

Europe unprepared for hard winter without Ukraine gas Read More

Oil will be left in the ground, as gas gains energy market share

The annual BP Energy Statistics publication is a treasure trove of information for anyone interested in global energy markets.  One key area is the impact of today’s higher oil prices on consumption growth, as highlighted in the chart: It starts from 1965, and shows consumption growth for oil (red line), gas (blue) and total energy (green) Oil’s […]

Oil will be left in the ground, as gas gains energy market share Read More