Petrochemicals

A new report from McKinsey looks at the importance of improving the chemical company supply chain.

The latest downstream news from around the world.

McKinsey looks at the competitive advantages that are at the core of China’s chemical market.

Look the other way and hope for the best? Not a good idea when managing large shutdown projects where there is always a risk of something going wrong.

A look at the competitiveness of Poland’s oil and gas market with Business Monitor International.

The latest downstream company announcements.

A new report from McKinsey looks at how China’s chemical industry has taken a slow path from being a planned economy to moving with market forces.

PIRA Energy Group presents analysis of oil market fundamentals for the week ending 2 November.

According to the US Energy Information Administration, US gasoline prices move with Brent rather than WTI crude oil.

Business Monitor International has revised down its forecast for motor gasoline consumption growth in Brazil, reflecting its expectation that a new government will take steps to revise the fuel subsidies regime.

Chevron has reported earnings of US$ 5.6 billion (US$ 2.95 per share – diluted) for Q3, 2014, compared with US$ 5.0 billion in the 2013 third quarter.

Chevron has been awarded a contract by Shandong Sincier Petrochemical for three hydroprocessing units.

According to Business Monitor International, oil prices at US$ 60/bbl would have a harmful impact on Sub-Saharan Africa’s economic growth outlooks.

Earnings in the period rose 3% from the third quarter of 2013, driven by higher margins and improved operations in the downstream and chemical businesses.

The International Energy Agency reports that strong incentives on energy access and renewable energy as well as subsidy reform reflect the Moroccan government’s determination to fulfill the aims of its Energy Strategy.