Natural Gas
Optimization: Steam methane reformer vs. electrolysis technology
Hydrogen market demand is forecast to expand. Bulk petrochemicals, ammonia, methanol and gasoline refining consume nearly two-thirds of global hydrogen demand.
How changes to functional safety standards can optimize fire and gas detection
ANSI/ISA-84 is one of the most influential standards in functional safety and has been a driver for instrumented process safety improvements over the last 20 yr. It is a comprehensive norm covering a wide range of aspects related to functional safety in process industries, including the entire life cycle of designing, implementing and operating safety systems.
Construction
Total plans to take a final investment decision (FID) on the Nigeria LNG expansion project by the end of this year. If greenlighted, the 7-MMtpy LNG train would increase the Bonny Island LNG terminal’s capacity to nearly 30 MMtpy. If built, Train 7 is expected to be operational by 2023.
Editorial Comment: Honoring the industry’s best … take 2!
Due to Tropical Storm Imelda, Hydrocarbon Processing issued its first force majeure in postponing the third annual HP Awards.
Hydrocarbon Processing Awards Winners
<i>Hydrocarbon Processing,</i> the downstream processing sector’s leading technical publication, has announced the winners for its third annual awards. The <i>HP</i> Awards celebrate innovative technologies and people that have been instrumental in improving facility operations over the past year.
Business Trends: One downstream—Strategic imperatives for the evolving refining and chemical sectors
Downstream executives will remember the present decade as a golden age for the industry, driven by low feedstock prices and healthy end-use demand.
Diversifying the future: Incentives for worldwide adoption of renewable fuels and chemicals—Part 1
Bio-based, renewable fuels and chemicals can reduce the environmental footprint of maintaining global transportation and product demands, while also supplementing traditional fossil fuels in a global environment with increasing energy demand.
Business Trends: Crude-to-chemicals—An opportunity or threat?
For most oil refiners and chemical producers, the need to improve margins and remain competitive has never been greater.
Hydrocarbon Processing Awards
<i>Hydrocarbon Processing,</i> the downstream processing sector’s leading technical publication, has announced the finalists for its third annual awards.
Industry Metrics
The US gasoline market received a boost from a gasoline supply outage on the East Coast, despite overall supply-side pressure resulting from higher regional refinery intakes.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
