Petrochemicals - 17 February 2016

While recent international discussion between OPEC and non-OPEC countries have improved oil prices, Iran has objected claiming an output freeze would be ‘illogical’.

The retail price of diesel fuel has fallen below US$2.00/gal. for the first time since 2005.

Jim Dumesic at UW-Madison, has scaled up the production of his biomass process for large scale application into biorefineries.

BP has released its 2016 World Energy Outlook, where it forecasts petroleum demand and supply, energy demand growth in China and US shale oil production.