As the world attempts to transition away from fossil fuels, demand for oil from transport and energy generation is sure to decrease at some point. One sector that will have increasing importance to the oil industry as demand in other areas drops off is petrochemicals, a sector that is expected to see long-term growth. A difficulty that must be addressed in this sector is plastic pollution, something that oil giants will have to contend with as they build out their petrochemical futures. As Big Oil worries about the looming threat of renewable alternatives, with governments and international organizations putting pressure on countries and companies to curb fossil fuel production, petrochemicals will become increasingly important. With oil majors continuing to invest in oil and gas projects, […]