Petrochemical Imbalance: Why chemicals are unlikely to prop up oil demand

This webinar discusses the challenges and assumptions surrounding the oil and gas industry's pivot to petrochemicals in light of declining oil demand. Key speakers, including report author Saidrasul Ashrafkhanov, from Carbon Tracker analyse the financial risks, technological feasibility, and market dynamics affecting petrochemical investments, emphasising the need for transparency and informed engagement from investors. CTI's Website: https://carbontracker.org/ Chapters 00:00 Introduction to Petrochemical Imbalance 05:02 Assumptions Behind Petrochemical Demand Growth 08:19 Challenges in Petrochemical Demand Projections 16:59 Asset Retirement Obligations and Financial Risks 19:58 Investor Engagement and Disclosure Needs 25:49 Conclusion and Future Outlook 30:58 Global Plastics Production Outlook 33:09 Challenges in Petrochemical Demand 37:34 Impact of Political Changes on Energy Production 42:56 NGLs and Renewable Feedstocks 45:09 Asset Retirement Obligations and Financial Implications 49:31 Key Takeaways from the Petrochemical Report ---- The Carbon Tracker Initiative is a non-profit organisation working to align the capital markets with the climate change policy agenda. Carbon Tracker are applying our thinking on carbon budgets and stranded assets across geographies and assets classes to inform investor thinking and the regulation capital markets. #petrochemicals #energytransition #investment #climatechange #oil #netzero #chemicalindustry