The general consensus is that oil prices are headed towards some stability in the $60s for the near-term barring major supply disruptions. The OPEC supply cut — far more successful than anticipated thanks to the high levels of compliance as seen in Figure 1 — is now serving as a floor for oil prices. Compliance […]
MTG: Too Much Risk to be Commercially Viable?
Earlier, we wrote about how methanol produced from natural gas can be used in many different processes. One of the processes in the methanol value chain is the methanol to gasoline (MTG) process. ExxonMobil and Haldor Topso are the only two companies who own the licensing rights to this technology. Mobil started the first commercial […]
Can Canadian LNG Truly Compete with U.S. LNG?
The shale gas boom in North America has drawn a lot of attention to LNG exporting projects in the United States, but there are several projects based in Canada that are also aiming to export the regional surplus of natural gas. These projects have the same aim as the projects in the United States but […]