Global economic slowdown, collapse of financial systems, credit crunch, and fear of continued recessions coming on top of the volatilities in oil prices have set in motion unprecedented initiatives in oil, gas and petrochemical industry. With oil prices steadily holding out around 60-80 USD band the business realities in chemicals and energy sectors have once again undergone sea change- in a short span of 18 months!

Sustainability of alternate energy and in particular, bio energy projects are coming under the scanner. Besides, fundamentals driving chemicals and energy sectors have also undergone rapid shifts within a span of one year with volume and price squeezes.

In these times of uncertainties in oil, gas and energy markets, the industry needs to redefine business strategies, technologies, and market mechanisms. New opportunities and challenges are being complemented by widening knowledge gaps in understanding technologies and markets. Read More...