Natural Gas
Industry Metrics
In the US, soaring gasoline stocks and poor fuel oil performance were offset by strong heating oil demand and higher product prices caused by weather-related refinery outages.
Europe: Russian petrochemicals industry on the verge of large-scale growth
The Russian government has announced its plan to increase the volume of support for its domestic petrochemicals industry over the next several years, with the aim of doubling its production and boosting exports, according to Russian Minister of Energy Alexander Novak and the press service of the Russian Presidential Administration.
Industry Metrics
US refinery margins saw losses as product stocks rose, pressured by seasonally lower gasoline demand and subdued heating oil requirements.
Editorial Comment: The materials that advance modern life
Refineries and petrochemical plants contain some of the harshest environments on the planet.
Welded plate heat exchangers cut refinery process costs—Part 1
Plate and frame (P&F) heat exchangers were first manufactured 100 yr ago for use in the dairy industry.
Global Project Data
<i>Hydrocarbon Processing’</i>s Construction Boxscore Database is tracking more than 1,300 active projects in the hydrocarbon processing industries worldwide.
Editorial Comment: IRPC EurAsia—A roadmap to advancing ideas
According to the editors of <i>Hydrocarbon Processing,</i> the downstream processing industry will witness substantial growth in new refining, petrochemical and gas processing/LNG capacities over the next several years.
Industry Metrics
US markets weakened despite positive performance at the middle of the barrel due to considerable gasoil and jet/kero inventory drawdowns.
Industry Perspectives: What challenges will 2019 bring to the global HPI?
In the December 2018 issue of <i>Hydrocarbon Processing,</i> we detailed our editorial opinion on the most likely route that shippers will take to adhere to new International Maritime Organization (IMO) sulfur regulations.
Industry Perspectives: IMO 2020—What is your say?
In 2020, new International Maritime Organization (IMO) marine fuel regulations will go into effect.
- 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
