Chemicals expected to account for almost 20% of oil demand in 2035

While increased efficiency standards and the rapid growth of EVs will reduce the growth rate for transport fuels, demand for feedstocks will continue to grow at strong rates. Demand for petrochemical

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Natural gas inventories end October just below the previous five-year average

Working natural gas in storage in the Lower 48 states as of October 31, 2017, totaled 3,784 billion cubic feet (Bcf), as interpolated from EIA's Weekly Natural Gas Storage Report data.

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Keystone XL Resurrection has Challenges

The final approval for 830,000 b/d Keystone XL was obtained today as the Nebraska Public Service Commission voted in favor of the pipeline. However, due to environmental concerns, the preferred route

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Shipping Must be Economically Sustainable if it is to Deliver on Environmental Sustainability, ICS tells OECD

Addressing government trade negotiators in the OECD Working Party on Shipbuilding at a workshop on ‘green growth’ in Paris today, the International Chamber of Shipping (ICS) asserted that the shipping industry

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