Abstract:A paradigm shift in energy and transportation, away from fossil fuels and toward renewables, has begun. Driven by climate and sustainability considerations, consumer preferences and corporate aspirations favoring electric vehicles, powered by electricity generated renewably, are accelerating. As a result, the long-term future outlook for fossil-based fuels and the petroleum refining industry is subject to significant uncertainty. Since the production of petrochemicals is closely connected to petroleum refining… Show more
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