A broader look at the Petrochemical Industry

Petrochemicals are chemicals made from petroleum (crude oil) and natural gas. Petroleum and natural gas are made up of hydrocarbon molecules. Like all chemicals, petrochemicals are produced on a very large scale. Manufacturing plants are located worldwide and the chemicals are made in batches. The large scale petrochemical manufacturing locations have clusters of manufacturing units that share utilities and large scale infrastructure such as power stations, storage tanks, port facilities, and road and rail terminals Oil and gas are the main sources of the raw…

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Next step for Rails

Natural gas by rail is years away and likely to have strong public resistance after a series of explosive crude by rail accidents that have already happened.  This could connect gas rich regions such as North Dakota with urban centers; presenting an opportunity for railroads, drillers and tank car makers already cashing in from hauling oil on trains. Many are debating the dangers of a massive increase in oil carried by rail in North America, railroads and energy producers are considering the same for natural…

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New climate change plan

New climate change plan President Barack Obama’s push to reduce power plant emissions by 2030 cutting plant emissions by 30%, although results may have a slight effect on Canada’s energy industry. Analysts are mixed on whether this ambitious target will even make a ripple in Canada’s power-generation industry, let alone its oil and gas industry. He plans on targeting the burning of coal which takes up almost 40% of the greenhouse gas emissions. The Canadian government has already taken this step years ago where they…

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