Prospects for a wide variety of chemical manufacturing in the Appalachian Basin are robust as low-cost methane, propane and butane supplies are expected to continue increasing in the coming years, according to a study released last week by IHS Markit.
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Alberta Doubles Subsidies to Attract Petrochemical Investments
The Alberta government has doubled, to C$2 billion ($1.6 billion), a subsidy program for new petrochemical projects that increase demand for natural gas and liquid byproducts from wells and processing sites across the province.
NatGas Producers Awaiting Canadian Petrochemical Plant Buildout
A target date of 2021 has been set to complete a new petrochemical plant for 22,000 b/d of propane from Alberta natural gas producers.
Braskem Exec, Republican Lawmakers Urge Against Pennsylvania Oil/Gas Severance Tax
Braskem America’s top executive joined state Republican lawmakers near Philadelphia on Thursday to rally against Gov. Tom Wolf’s proposed severance tax on oil and natural gas production, saying it could jeopardize the company’s plans to expand its assets in the state if passed.
Braskem Exec, Republican Lawmakers Urge Against Pennsylvania Oil/Gas Severance Tax
Braskem America's top executive joined state Republican lawmakers near Philadelphia on Thursday to rally against Gov. Tom Wolf's proposed severance tax on oil and natural gas production, saying it could jeopardize the company's plans to expand its assets in the state if passed.