petrochemicals
The IEA has predicted a significant slowdown in global oil demand growth in the coming years, driven by rising concerns over high prices and energy security
Strikers blocked roads outside the major oil refinery in Scotland
The investment must be made into carbon capture and electrification, a new report warns
The country is growing its portfolio to meet heavy industry demands
The sale is the energy giant’s next strategic step in ‘reinventing BP’ and helping it become a lower carbon company
The installation of air filters is said to have ‘massively improved’ air quality across the office
It is investing in three plants which are expected to begin production in 2025
It is investing £500m in the Forties Pipeline System and £350m in a new energy efficient steam and power plant
Petrochemicals – i.e. components derived from oil and gas used in daily products like plastics, clothing and detergents – are to account for more than a third of growth to 2030
The ethane ‘cracker’ is expected to be one of the most efficient and environmentally friendly facilities