Natural Gas
Indian LNG—The creation of a natural gas importing powerhouse
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.
Liquefaction technology selection for baseload LNG plants
As global liquefied natural gas (LNG) trade continues to rapidly expand, the challenge of liquefaction process selection—a key element of an LNG project—becomes increasingly important.
Decline in LNG contract lengths and volumes raises future supply concerns
A dramatic acceleration of a trend toward smaller volumes and shorter tenures for LNG contracts in 2017 highlights the growing commoditization of the global LNG market, even as it raises troubling questions about future supply.
Viewpoint: Electric vehicles vs. the perfect battery
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.
Editorial Comment: What is the future role of the process engineer?
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.
Industry Metrics
Reduced refinery output caused by planned and unplanned refinery outages, and record-breaking gasoline export levels and strong diesel inventory drawdowns, drove US margins to a record 3-yr high in April.
Refining: Winning strategies for oil producers
The prospect of peak oil demand will put pressure on resource-rich national oil companies (NOCs).
Show Preview: IRPC Europe returns to Italy this June
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.
Industry Metrics
Atlantic Basin markets strengthened amid the onset of refinery maintenance season, while US support came from higher gasoline demand and gasoline price adjustments from the switch to summer RVP.
Industry Perspectives
Over the past several years, new gas processing/LNG capacity has surged in nearly every region.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
- U.S. liquid fuels groups announce progress on E15, small refinery exemption reform 12/5
- Million Air and Avfuel bring SAF to Austin, Texas (U.S.) 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
