From September 21-22, 2016, SHALE INSIGHT 2016 provided participants a front-row seat for the most important discussions on shale development, featuring some of the most prominent industry and government leaders. Attendees networked with the most influential industry executives and innovative thought leaders through two days of technical and public affairs insight sessions, major keynote addresses, […]
Read MoreWaiting game as low oil prices have chemical cracker developers sitting tight
Power Source By Anya Litvak In the long run, low oil prices will create more demand for chemicals, which will make it easier for companies like Royal Dutch Shell and Odebrecht to pump billions of dollars into new ethylene crackers. In the short run, such projects may be delayed while crude oil prices, which have […]
Read MoreNatural Gas Industry Blowing Smoke Up President Obama’s Nose
Forbes By Ken Silverstein If natural gas is paving the way to the country’s energy future, the industry has just misstepped and undermined the very infrastructure it wants to build: Just after the U.S. Environmental Protection Agency released its guidelines to control the most potent greenhouse gas emission of them all — methane — an oil […]
Read MoreCollege Launches Program to Prep for Shell Cracker
Pittsburgh Business Times By Justine Coyne Community College of Beaver County is launching an associate degree program in process technology the school said will prepare workers for jobs at the ethane cracker Shell Chemical has proposed building in the county. CCBC said it worked with more than 30 industry partners to develop the curriculum, which […]
Read MoreNatural Gas Boom Is Drowning Out Coal Industry’s Battle Cries
Forbes By Ken Silverstein While a lot of the political fodder during the 2014 election season focused on the “war on coal,” a bigger and even stronger show of force is transforming the nation’s economic landscape, especially in “war torn” Appalachia: natural gas. The natural resource has emerged from the back burner of U.S. energy […]
Read MoreBillionaire Founder Of Ineos Wants To Start Shale Gas Revolution In The UK
The Guardian By Terry Macalister and Damian Carrington The billionaire owner of Britain’s largest chemical company on Thursday unveiled plans to invest £640m in a bid to kick-start a shale gas revolution, which he claimed could make millionaires out of rural villagers. Jim Ratcliffe, founder of Ineos, said he wanted to become the industry’s biggest […]
Read MoreChina Shale Boom Fizzles as Clean Energy, Imports Take Lead
Bloomberg By Aibing Guo China has sharply cut its output target for shale, signaling the country’s drilling boom is fizzling out before it even gets going. The nation has reduced its goal for the end of the decade to a third of an earlier estimate, as difficult geology, lack of infrastructure and limited exploration rights conspire […]
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Shale Industry Staying Busy With Activity
Chron By Rebecca Maitland There are more than 16 massive shale plays in the U.S. today that have created over 2 million jobs, and these numbers continue to rise. However, everything is bigger in Texas, including natural gas production. In Texas, thanks to the Barnett Shale, Eagle Ford Shale and Haynesville Shale, the Lone Star […]
Read MoreDow Chemical to Sell Off Even More Assets
Fuel Fix Dow Chemical executives on Wednesday announced plans to sell off even more assets in the next two years, continuing a push to streamline operations and pull back from products that no longer fit within the company’s business strategy. The multinational chemical corporation is on track to shed $4.5 to $6 billion in assets […]
Read MoreLocals near Horsehead make way for Shell property
Power Source By Anya Litvak David Swan has lived at his Beaver County home on Pleasant Drive, near the former Horsehead Holding Corp. zinc smelter, for 32 years. Soon it will be the property of Shell Chemical LP. About a year ago, Mr. Swan learned that his house and the 11 acres surrounding it were […]
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