Natural Gas
Industry Perspectives: HPI project announcements analysis shows decline over past 3 yr
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, more than 870 new projects have been announced since 2015.
Industry Metrics
US product markets improved, supported by higher export opportunities amid unexpected refinery outages.
Business Trends: The future of LNG—Part 1
Over the past several years, new gas processing/LNG capacity has surged in nearly every region. Growth on both the supply and demand sides has resulted in the announcement of billions of dollars of capital investment across the world. Millions of tons of new LNG import and export capacity have commenced operations, with hundreds of millions of tons still under development.
Industry Perspectives: New gas processing/LNG project announcements increase for the first time in three years
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, nearly 800 new projects have been announced since 2015. Over the past few years, new project announcements have decreased each year. However, the rate of decline has slowed over the past year.
2018 Industry Leaders’ Viewpoints
To kick off the new year, industry leaders and esteemed colleagues shared their viewpoints on 2018 and beyond with Hydrocarbon Processing. These viewpoints offer insight into growing regions of activity, technological advances, and how the downstream industry can innovate in 2018 and into the future.
Advancing export terminal technology: An optimized process for the refrigeration of cryogenic hydrocarbons
Ethane production in North America (NA) has expanded dramatically with the onset of shale production and associated hydraulic fracturing. Ethane concentrations in fractured shale gas are typically 10% or higher vs. a traditional range of 4%–7% in associated gas.
Optimize LNG production through contaminant mitigation—Part 1
The production of liquefied natural gas (LNG) requires a number of stages to effectively purify the feed gas. These stages are essential to maintain continuous operation and to meet product specifications.
South China chemical producer halts ammonia output as gas crisis deepens
BEIJING (Reuters) — A major Chinese chemical producer based in the southern province of Yunnan said it has halted production of synthetic ammonia and urea due to natural gas shortages as China's winter heating crisis deepens.
Industry Metrics
The US saw solid product demand, despite a decline following the end of the driving season, and reduced scheduled maintenance lent some support.
Industry Perspectives: New downstream project announcements drop 14% in 2017
According to Hydrocarbon Processing’s Construction Boxscore Database, more than 770 new projects have been announced over the past 3 yr.
- 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
