Fuel is a necessary requirement of global economic development.
It is no surprise that electric vehicles (EVs) are getting a lot more attention, now that carmakers have announced plans to increase production of them.
Germany produces very little domestic oil and natural gas, and relies on imports to meet 95% of its oil consumption.
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.
Following good experience with a generalized cut-point calculation (GCC) inferential package, which models main fractionators with side streams, French energy major Total decided to experiment with a generalized distillation shortcut (GDS) inferential package, which models simpler, two-product distillation columns.
The prospect of peak oil demand will put pressure on resource-rich national oil companies (NOCs).
Gulf Energy Information and Hydrocarbon Processing are pleased to provide a preview of IRPC Europe 2018, which will be held June 5–7 in Milan.
According to Hydrocarbon Processing’s Construction Boxscore Database, Asia, the Middle East and the US contain 66% of all active downstream construction projects globally.
According to Hydrocarbon Processing’s Construction Boxscore Database and HPI Market Data 2018, total capital expenditures (CAPEX) in the global petrochemical sector are more than $440 B.