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Think Tank
Chemicals & Energy: Page 135
Canadian Government Favors Fossil Fuels Over Alternative Energy, Report Claims
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
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
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
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
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
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
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
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.
Expansion of China's Methanol Production Presents Mixed Export-Import Picture, Study Suggests
Soaring Chinese methanol expansion will boost demand for chemical tanker shipping on intra-Asia export trades out of China but check import traffic, according to the latest edition of the Chemical Forecaster, published by shipping consultancy Drewry.
Declining Diesel Prices Slow Use of Natural Gas in Truck Market
The natural-gas-powered vehicle market has slowed as diesel fuel prices continue to drop, according to recent ACT Research's study of fuel trends in the heavy duty truck market.
Manifesto Claims European Plastics Industry Unfairly Hobbled
The European plastics industry has published a manifesto alerting officials in Brussels to the many impediments it faces, and which it hopes will influence European Union policy.
Chemicals Market Could See Trillion-dollar Sales by 2018
After battling strong headwinds in 2013, chemical stocks have begun to bounce back this year driven in large part by the surging shale energy boom and a booming North American market. While any downturn in the economy could weigh on this cyclical sector, market dynamics and management strategies look poised to reward investors with performance gains and respectable dividend yields.
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