1. Exxon Sees Future in Chinese PetrochemicalsDespite a dramatic worsening in the US-Chinese relationship in the past years, US oil major ExxonMobil is betting big on Chinese petrochemicals demand, even if avoiding the limelight of media scrutiny. Exxon’s $10 billion Huizhou plant, boasting the largest capacity among petchem projects being currently developed in the Asian country, will produce 1.
6 mtpa of ethylene once commissioned. In its proprietary energy outlook, the US firm expects demand for chemicals to increase by 42% between 2017…Japan's Efforts To Reduce Its Reliance On LNG
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