Chemicals & Energy

Will Continued Price Drop Crimp Oil Exploration, Energy Supply by 2020?

December 11, 2014

Global oil and gas exploration projects worth more than $150bn are likely to be put on hold next year as plunging oil prices render them uneconomic, data shows, potentially curbing supplies by the end of the decade.

Abundant Supply of Shale Oil Not Expected to Slow Continued Pumping

December 10, 2014

FuelFix

The United States has enough shale gas to supply the surge of recently announced petrochemical expansions and, despite anemic prices, producers have no plans to stop pumping as long as demand exists, a Southwestern Energy executive said Thursday.

Canadian Government Favors Fossil Fuels Over Alternative Energy, Report Claims

December 9, 2014

FierceEnergy

Development of clean alternative energy resources has been growing in Canada and contributing significant employment opportunities. However, a new clean energy industry report has concluded that the federal government is ignoring those resources in favor of fossil fuels.

Downward Pressure on Oil Said to Be Likely to Continue

December 9, 2014

MAPI

Following OPEC's decision at the end of November to maintain production at its current level, the Brent spot price of oil closed at $70.02 per barrel, down 39 percent from its closing price of $115.19 on June 19, 2014. Similarly, the WTI spot price fell by 39 percent over the same period, closing at $66.15 at the end of November. What's next? Will the price of oil continue to fall, and if so, how far? Will the price of oil level out? Or will it rebound?

Australia Could Become World's Largest Exporter of Liquefied Natural Gas

December 3, 2014

Maritime Executive

Global liquefied natural gas (LNG) trade is booming, and Australia will play a growing role in the Asian market despite increasing competition and cost pressures, according to the 2014 Gas Market Report that was recently released by the Bureau of Resources and Energy Economics (BREE).

Sewage Powers Up Industrial Plant, Provides Transportation Fuel

November 26, 2014

Scientific American

The contents of your toilet could soon be powering your car and helping to provide other transportation fuel.

Chemical Distributors Tout Improvement in Safety Record

November 24, 2014

NACD

Members of the National Association of Chemical Distributors (NACD) drove more than 140 million miles last year, delivering 50 tons of products every minute, yet reducing Occupational Safety and Health Administration recordable cases to 549, from 594 the previous year.

Ex-Im Bank Signs $1Bn Memorandum of Understanding to Support U.S. Clean Energy Exports to India

November 21, 2014

Ex-Im Bank

Fred P. Hochberg, chairman of the U.S. Export-Import Bank signed a memorandum of understanding with Chairman K.S. Popli of the Indian Renewable Energy Development Agency (IREDA) to explore options for utilizing up to $1bn to finance the sale of U.S. clean energy exports to India.

North America Weather to Determine Future of LPG Shipping, Study Suggests

November 20, 2014

Drewry

LPG exports are so dependent on the severity of winter in North America that all eyes are on the weather, as it hit demand for very large gas carriers (VLGCs) last year, according to the latest edition of the LPG Forecaster, published by shipping consultancy Drewry.

Transplace Acquires Logistics Management Solutions

November 19, 2014

Transplace

Transplace, a non-asset-based third-party logistics provider, has acquired Logistics Management Solutions, a 3PL with an emphasis on the chemical and industrial manufacturing sector.

Chemicals & Energy

The latest supply-chain news, analysis, trends and tools for executives in the chemicals and energy industries. Learn how chemical and energy companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.