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Sinopec takes aim at US petrochemical competition

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Chinese oil and gas company Sinopec says it is striving to lower its petrochemical production costs and optimize its product mix in order to stave off competition from the U.S.
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Williams plans major petrochemical investment in Alberta

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The Tulsa, Okla.-based firm is going to open a propane dehydrogenation (PDH) facility, located near its existing complex in Redwater.
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Dow Chemical to build several plants on US Gulf Coast

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Dow Chemical is planning to take full advantage of the low price of U.S. shale gas by investing in the construction of several processing plants on the U.S. Gulf Coast.
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US shale gas exports to India should be allowed, experts claim

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The United States should allow shale gas exports to India as this might prove a win-win situation for both countries, energy experts claim.
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German RWE to sell oil and gas exploration operations

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German electric utilities company RWE has announced that it is putting an end to its oil and gas exploration activity, in the hope of cutting its debt and capital expenditure.
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EU chemical production drops in 2012

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According to the new Chemicals Trends Report released by the European Chemical Industry Council (Cefic), total production of chemicals in the European Union dropped 1.5 percent in 2012.
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Dow Chemical awarded $2.48 billion in court battle with Kuwaiti company

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Legal proceedings that have been going on for years between Dow Chemical Co. and Kuwaiti state-owned Petrochemical Industries Co. are finally over, after an international court awarded an extra $318 million to the American chemical corporation.
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Coal use in UK rises in 2012

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The double-dip recession in the UK last year had far-reaching implications and affected every sector of its economy. Energy was no exception, according to a new report released by the Department of Energy and Climate Change.
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New Zealand considers east coast oil and gas operations

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New Zealand is considering whether to develop an onshore oil and gas industry on the East Coast of the North Island, following a government report looking into the potential benefits, impacts and risks of drilling operations in the region.
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Oil and gas investments in North Sea reach highest level in 30 years

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According to the latest Oil & Gas UK 2013 Activity Survey, investments in the sector in the North Sea have reached their highest level for more than three decades.
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