According to Hydrocarbon Processing’s Construction Boxscore Database, nearly 150 new projects have been announced in the downstream processing industries this year.
From September 25–26, Hydrocarbon Processing will bring its International Refining and Petrochemical Conference (IRPC) back to the US.
At the end of this month, Hydrocarbon Processing will honor the latest technological advances in the hydrocarbon processing industry (HPI) at an awards gala.
In early June, Hydrocarbon Processing and Eni—an Italian multinational oil and gas company—hosted the annual International Refining and Petrochemical Conference (IRPC) in Milan, Italy.
Hydrocarbon Processing’s Construction Boxscore Database is tracking more than 1,600 projects around the world, representing more than $1.8 T in capital expenditures.
In the June issue of Hydrocarbon Processing, the Industry Perspectives section detailed the increase in new project announcements in the downstream processing sector.
According to the International Group of LNG Importers (GIIGNL) publication, “The LNG industry: GIIGNL annual report 2018,” global LNG trade has increased from approximately 264 MMtpy in 2016 to nearly 290 MMtpy in 2017.
During the American Institute of Chemical Engineers’ (AIChE’s) Spring Meeting, held in Orlando, Florida in April, I was honored to sit on a panel discussion with Paul Durand from ExxonMobil and Sanjeev Kapur from Apex PetroConsultants.
Petrochemicals and gas processing/LNG sectors see largest increase in new projects.
According to Hydrocarbon Processing’s Construction Boxscore Database, nearly 450 downstream projects are under construction around the world.