CLEAN & GREEN The future is green,but the mix of energy sources shall always be balanced,which makes sense,and the transition shall allow participants to utilise existing facilities,or reengineer those for new purposes and provide high quality products

摘要

The surge of interest in renewable sources of energy and alternative energy technologies came unexpected on the back of a wave of changes caused by combination of disruptors to the oil and gas industry.Traditionally resilient to change,energy majors have today completely re-evaluated their priorities realising that current strategies were not flexible enough in the face of global market price shifts.Unfortunately,many projects have been cancelled,or put on hold,for example,development of offshore reserves(including international joint ventures),some new refinery projects,few methanol projects,and large-scale refining-petrochemical integration projects- the list goes on.The gas industry had its fair share of interest with several LNG(liquefied natural gas)ventures(especially in Russia,and Europe)and gas-chemical projects coming to the fore,and fertiliser production becoming one of the few remaining sectors that still generates reasonable margins under current circumstances.