Natural Gas
Libya's new power plant to cut Sharara oil exports by 50,000 bpd
LONDON (Reuters) — Libya’s new Ubari gas-fired power station will initially run on up to 50,000 bpd of Sharara crude oil when it starts up in around two weeks, slashing exports from Libya’s biggest oilfield, a Libyan oil industry source said on Thursday.
Innovations
ABB has introduced a new MID/OIML R117 certified high-accuracy CoriolisMaster Coriolis mass flowmeter for custody transfer applications in the oil and gas industry (FIG. 1).
Industry Metrics
The global middle distillate market continued to improve on healthy demand and depleted stocks amid regional maintenance, while the bottom of the barrel saw pressure due to low demand and high inventory levels in Asia and Europe.
Business Trends: Preparing for a sea change in global refining
The global oil refining industry has been buffeted by many events in recent years.
Connecting rod failure in a new reciprocating gas compressor
Compressor failure in an oil refinery can have severe consequences on health, safety and the environment.
Case histories of amine plant equipment corrosion problems–Part 1
Lost production from corrosion costs the oil and gas industry more than $1 B/yr.1
Optimize operating parameters for C3 splitters to accommodate feed changes
In the oil and gas sector, fractionation is a vital part of every plant.
Optimizing the dehydration process with advanced process simulation
In the operation of natural gas pipelines, a blockage or leak can cause expensive production losses, damage equipment and pose safety hazards.
US oil pipeline rivals look to consolidate West Texas projects
HOUSTON (Reuters) — As shale oil producers have rushed back into the Permian Basin after a downturn, US pipeline firms have scrambled to plot new pipelines to take all that petroleum from West Texas to refineries, export hubs and petrochemical plants.
IEA lifts 5-yr renewables forecast after record 2016
LONDON (Reuters) — The International Energy Agency (IEA) raised its forecasts on Wednesday for renewable energy over the next 5 yr following a record 2016, adding that renewables growth is squeezing natural gas and coal.
- 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
