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LNG market sees increased clean energy demand

24th April 2020 Global demand for liquefied natural gas (LNG) increased by 12.5% to 359-million tonnes last year, which is a significant increase that bolsters LNG’s growing role in the transition to a lower carbon energy system. This is according to a LNG outlook report that was published by natural gas and... 

Consultancy predicts potential downcycle for petrochemicals industry

13th March 2020 Chemicals consultancy group Wood Mackenzie predicts the start of a downcycle in China’s petrochemicals industry. A supply overhang has hit the country’s paraxylene (PX) market, with olefins and polyolefins markets almost certain to follow. 

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