A growing need for more plastics and petrochemicals in the developing world will be the leading driver of oil demand, outpacing planes, trains and automobiles, according to the International Energy Agency.

LONDON (Reuters) - Plastics and other petrochemical products will drive global oil demand to 2050, offsetting slower consumption of motor fuel, the International Energy Agency (IEA) said on Friday.

LONDON (Reuters) - Plastics and other petrochemical products will drive global oil demand to 2050, offsetting slower consumption of motor fuel, the International Energy Agency (IEA) said on Friday.

Reliance Industries Ltd (RIL) increased prices of seven key petrochemicals by 10-21% in the second quarter of this fiscal year while the year-on-year increase is 17-61%

THE HAGUE (Reuters) - The Dutch government plans to increase taxes on heavily polluting companies to help fund the country's energy transition and make sure that climate goals are met.

PRESTON, England (Reuters) - Shale gas developer Cuadrilla Resources expects to start gas fracking in northwest England next week, seven years after its first attempt to hydraulically fracture a well led to earth tremors, public protests and an overhaul of regulations.