AMERICAS LyondellBasell Updates Access Industries terms US$12 billion offer by RIL too low for LyondellBasell Access Industries claimed that the US$12 billion which RIL has valued LyondellBasell was too low, and lacked merit. Access Industries claimed that since creditors like Apollo would make losses if the deal were to go through at RIL’s initial offer, […]

I have just published an op-ed article on India’s oil and gas exploration and production policy.  It appeared in Business Line, India’s leading business newspaper.  The main argument is: That India does not fit ‘Big Oil’s’ strategy need not be disappointing. As the country’s economy grows, ‘Big Oil’ will have to find new business models […]

Despite negative commentary and conventional attribution to the Burlington Resources acquisition, a comparison with ExxonMobil’s XTO Energy deal suggests ConocoPhillips’ acquisition premium was not excessively high, implying other factors influence its stock underperformance.

The New York Times has published a piece commenting on the flood of recent oil field discoveries, far exceeding the pace in this decade. Much as this is cause for joy, new oil finds are deeper, costlier, and more difficult to process. Finally, we ought to have a few more data points before calling a […]

Why solar panel factories are all abroad.

Executing on a strategic decision to focus on the U.S. onshore wind energy market, BP has been exiting from other countries. This shift signifies their emphasis on developing onshore wind energy projects within the U.S. It just sold 100 MW of wind energy capacity in India to Green Infra Limited, an independent power producer backed […]

European refinery divestments, driven by declining fuel demand, overcapacity, biofuel growth, and carbon emission costs, attract bids primarily from emerging economies anticipating increased transportation fuel demand.

While solar energy’s growth pangs continue to challenge industry leaders, First Solar, the Arizona-based world’s largest maker of solar cells, breaks into the difficult Chinese market with a $5-6-billion deal to build a two gigawatt plant. Meanwhile, a stock analyst downgrades the company’s stock from “hold” to “sell” and halves the target price.  Why?  In […]

The Gulf of Mexico benefits significantly, as reduced fiscal burdens, political stability, accessible expertise, and technological advancements have transformed it into a prominent hub for hydrocarbon exploration and production.

ADI Chemical Market Resources has conducted an in-depth analysis of LDPE and high EVA resin technologies, focusing on high-pressure reactor processes and specialty applications. With enhanced clarity, sealability, and melt strength, LDPE and EVA are widely used in film, foam, adhesives, wire, and solar encapsulants. The study compares these materials with competing metallocene-based alternatives like […]

My Turn – Dr. Balaji B. Singh – Have a Merry Christmas Comments: Hope everyone will have a happy and peaceful Christmas. Reductions In Force have of late become a necessary evil. No organization ever plans for it …. Just like no employee ever comes to work for an organization with a pre-determined idea of […]

Dow to acquire Rohm and Haas for $18.8 Billion Dow and Rohm and Haas announced a definitive agreement, under which Dow will acquire all outstanding shares of Rohm and Haas common stock for $78 per share in cash. The acquisition of Rohm and Haas will make Dow the world’s leading specialty chemicals and advanced materials […]