Essar is an industrial gasification company.It is a member of the Petrochemical Industry Council.Essar has a significant presence in the oil and gas sector.The company’s stock is up a bit on Friday but not by enough to offset the losses from its stock market listing.The share price is down almost $5 since Wednesday.This is the third time this year that […]
The U.S. and other industrialized nations are pumping more crude oil into the global market as oil prices fall.But the U.K. and the European Union are also looking for the oil they used to get back in the ground.Petrochemical giants Altran and Petroclimat, both based in the United Kingdom, are among those hoping to cash in on the fall in […]
By BILLY STEELE Saudi Arabia has declared a state of emergency and ordered the closure of its petro chemical refinery in Qatar, the latest in a series of moves the kingdom has taken in the wake of a devastating earthquake that killed more than 200 people.The emergency decree comes as the government prepares for a major rebuilding effort, which will […]
Petrochemical emissions of carbon monane have surged in recent years.While a recent government report revealed that petro chemicals are the biggest polluter in the US, the Environmental Protection Agency (EPA) says the rise in emissions from the chemical industry is a big problem for the US.While the US produces around 90% of the world’s petro-chemicals (petrochem) the nation’s emissions are […]