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...As the west tries to reduce its oil consumption, Saudi Aramco has turned to China and other markets for growth....
...According to his LinkedIn profile, he previously worked in government affairs for Cheniere Energy and as a senior adviser to the chief of executive of Tellurian Inc, two companies which pioneered the development...
...” (People Of Oil)....
...Talks over a planned $30bn merger between the chemicals arms of Abu Dhabi National Oil Company and Austria’s OMV have stalled over recent weeks, putting at risk a complicated deal to create a new market...
...Their molecular structure makes them resistant to water, grease and oil; they have been used in non-stick pans, waterproof clothing, firefighting foam, fast-food packaging and cosmetics....
...efficient and electric vehicles curbs oil demand in other sectors....
...This week, the Environmental Protection Agency issued rules setting a limit on toxic pollution from chemical plants and stripping cancer-causing chemicals from tap water....
...Ithaca and partner Equinor confirmed last year that they planned to develop Rosebank to produce oil from 2026-2027, sparking criticism from environmental campaigners and politicians including Humza Yousaf...
...It has already started selling assets — jettisoning oil and gas business Wintershall Dea in December....
...They are resistant to water, oil, and temperature changes, but they don't break down in the environment and are now associated with health issues ranging from decreased fertility to cancer....
...As Lynch noted, you know more about things you use: an improved website or new gadget is more likely to be on your radar than, say, changing processes at a chemical plant....
...Ethylene is produced from hydrocarbons derived from oil and natural gas and is a feedstock for the most widely used plastic, polyethylene....
...Worse, banks have cut specialised loans to oil and gas companies as a direct result of the tax....
...Shell has also made noises about selling its Singapore refinery and chemical plants. The oil major now anticipates a writedown on these of up to $2bn....
...The revision comes after the company pledged to devote a higher proportion of spending to oil and gas last year, and other oil groups such as BP have slowed their retreat from oil....
...The capital expenditure also includes investment in sectors such as chemicals and clean energy, as it seeks to diversify its business as the world moves away from fossil fuels....
...“This is another important milestone,” said Machteld de Haan, executive vice-president for chemicals and products at Shell....
...oil and gas assets in the ageing basin....
...and oil markets....
...Aramco wants to increase its gas output by more than 60 per cent by 2030, compared with 2021 levels and to increase the portion of oil production used to make chemicals to 4mn b/d....
...The cash will be deployed over the next four years with spending on sectors such as new energies, chemicals, transition materials and digital technologies to diversify the Saudi economy when oil demand eventually...
...But an influx of gas well into the next decade would be an unhelpful headwind for the energy transition — and a chill wind for the oil and gas majors trying to sell it....
...Favoured for their resistance to oil, water and temperature changes, PFAS are used in millions of products from non-stick cookware and batteries, to computer chips and smartphones....
...Much of his firepower derives from a humble source: a small oil refining and nitrogen fertiliser company in the US heartland....
...The lawsuit addresses the problem of abandoned wells, which can leak toxic chemicals into the air, contaminate groundwater and emit methane gas unless they are plugged with cement....
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