Tag: Oil Production

US Shale Gas Destined for China?

How is it that US shale gas may end up in China as ethylene and propylene? Several Chinese companies have announced plans to build methanol plants in the US with all or most of the product methanol being transported to

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Oil Prices: The Eisenhower Principle

Plans are worthless, but planning is everything. That is how United States President Dwight Eisenhower explained his management philosophy as the Supreme Commander of the Allied Expeditionary Force in Europe during the Second World War. He proceeded to

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Small Scale GTL Plants Emerge to Convert Low-Priced Natural Gas to High Value Refined Products

There have been some interesting developments in Fischer-Tropsch (F-T) Gas-to-Liquids (GTL technology), especially for resources where the quantity of natural gas available will not support world-scale plants. Both Sasol and Shell have commercialized their respective GTL technologies in large-scale projects;

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The U.S. Shale Oil Revolution: a Boon to Some Refiners

The United States has gone through a dramatic resurgence in crude oil supply during the past few years as a result of the unconventional shale oil revolution. The combination of horizontal drilling, hydraulic fracturing, increasing oil price, and the risk

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Oil, Money, and Pemex

Last week I attended the Oil & Money Conference in London, one that brought together a broad group of senior industry executives with specialists in petroleum markets, economics, geopolitics and finance. Energy Intelligence and the International New York Times sponsored

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Oil, Arab Spring, and Unforseen Consequences

In December 2010, analysts predicted a rise in oil prices when “Arab Spring” began with public demonstrations in Tunisia. As more countries joined the movement, it seemed like a safe bet. History shows that political instability in oil producing countries always

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