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Mark Thomas
Chemical Week editor. Reports on the global chemical industry.
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Feb 11, 2025
• 24min
Energy transition outlook for 2025 murky as crude oil demand grows
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Mark Thomas, the Chemical Week markets editor with expertise in the petrochemical sector, discusses the pivotal role of petrochemicals in the energy transition. He highlights the dual nature of petrochemicals as both a driver for crude oil demand and a catalyst for sustainability. The conversation touches on investments in advanced recycling, the adaptation of companies like Aramco and ExxonMobil to new energy dynamics, and the essential push for circularity. Challenges remain in meeting carbon reduction goals while navigating an uncertain low-carbon future.
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