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What would it take for China to reach carbon neutrality by 2060?
Achieving carbon neutrality means offsetting any CO2 emissions produced in the economy. A colossal task for a country using 90% hydrocarbon in its ...
Why did Sinopec-SK Wuhan Petrochemical buy the Wuhan refinery?
Sinopec-SK Wuhan Petrochemical, a joint venture between South Korea’s SK Global Chemical and China’s Sinopec has agreed to buy the Wuhan refinery, ...
Why is China’s enthusiasm for PDH investment unabating?
Two new propane dehydrogeneration (PDH) units came online in China in July, taking the total number of operational PDH units in the country to 18. ...
Will carbon costs destroy the added value from refinery-petrochemical integration?
In the coming years, additional legislative pressures are expected to impact site margins, most notably government charges on carbon emissions. So ...
Will China’s policy-driven decarbonisation strategy succeed in lowering emissions in base-metals smelting?
In November 2022, the Ministry of Industry and Information (MIIT), the National Development and Reform Commission (NDRC), and the Ministry of Ecolo...
The persistence of oil demand
The coronavirus pandemic is prompting discussion whether or not oil demand will resume growing or, if patterns of daily life have changed in ways t...
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