Navigating Energy Transition and Petrochemical Challenges

This chapter delves into the urgency of energy transition amidst pressing global electricity needs and the role of natural gas as a bridge fuel. It highlights the ongoing challenges in the petrochemical industry due to oversupply, particularly from China's rising production and the impacts of geopolitical conflicts. Additionally, it examines the U.S. shift towards balancing decarbonization efforts with market realities, emphasizing the need for sustainable product development and supportive policy frameworks.