US shale gas casts a long shadow over petrochemicals

Middle Eastern petrochemical companies are known for their lavish hospitality, but at a cocktail party organized by a major Saudi company in Berlin recently, the atmosphere was quite somber. A conversation with one of the hosts on the impact of shale gas went some way to explaining this.

Ecuador Country Analsysis Brief

(Thu, 05 Oct 2017) Ecuador’s energy mix is dominated by oil, although its challenging investment environment and lack of domestic refining capacity limit oil revenues. Ecuador’s hydrocarbon resources are exclusively owned by the state, and state-owned oil companies account for most of the production.

Global gas-to-liquids growth is dominated by two projects in South Africa and Uzbekistan

(Wed, 04 Oct 2017) EIA’s <em>International Energy Outlook 2017</em> (IEO2017) projects that liquids produced at gas-to-liquids (GTL) plants will increase as two large-scale projects are completed in South Africa and Uzbekistan. Most of the new GTL capacity will come from the conversion of Sasol’s coal-to-liquids plant in Secunda, South Africa, to a GTL facility. That conversion is expected to be completed by 2024.

State taxes on gasoline in 2017 up 4.5% from 2016

(Tue, 03 Oct 2017) In EIA’s latest update of state gasoline and diesel fuel taxes data, the simple average of taxes and fees on gasoline levied by the states and the District of Columbia in effect as of July 1, 2017 was 27.9 cents per gallon (¢/gal), up 4.5% from the same time last year.

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