Natural Gas
Innovations
Appleton, an Emerson brand and a global supplier in hazardous-location electrical products, announced an expansion to the Areamaster LED series.
Industry Metrics
The impact of Canadian and French refinery outages caused margins to fall slightly in the Atlantic Basin and Europe, despite stronger gasoline demand and higher inventories.
Business Trends: Asia’s smaller downstream players have big plans
Most of the focus on Asian downstream capacity construction revolves around large consuming nations, such as China and India.
Industry Metrics
US refinery utilization rates have increased in some areas following the peak of maintenance season.
Innovations
Unintended fugitive emissions from pressurized plant components have long been a key concern for operators as well as regulators.
Global Project Data
According to <i>Hydrocarbon Processing’s </i> Construction Boxscore Database, there were nearly 90 new project announcements from January 2015 to June 2015.
Gazprom sees record 2016 gas exports to Europe
Russia's Gazprom plans to export a record 165 Bcm of gas to Europe this year, as falling gas prices have made its gas more attractive to European consumers.
Qatar's Texas LNG venture eyes exports by 2021
Top LNG exporter Qatar anticipates exports from its Golden Pass JV in Texas to begin in 2021. State-run Qatar Petroleum owns a 70% stake in an LNG receiving terminal in Texas that is backed by Exxon Mobil and ConocoPhillips.
US, Vietnam firms sign MOU for oil and gas cooperation
The MOU formalizes the deepening relationship between Honeywell and PetroVietnam and further confirms a common vision of developing a cooperative partnership in oil and gas.
Oil Search boosts LNG push in PNG
Australia's Oil Search Ltd. agreed to a $2.2-B deal to acquire InterOil Corp., aiming to pave the way for two rival LNG projects led by global majors to work together in PNG.
- Hanwha Ocean signs strategic MoU with Kanata Clean Power for proposed $15.7-B, 12-MMtpy FLNG project in Canada 6/18
- Burckhardt Compression secures milestone order for first industrial scale liquefied CO₂ carrier supporting Northern Lights CCS project 6/18
- Dynelectro dispatches 250-kW electrolyzer unit to Syntholene’s Iceland eSAF project 6/18
- EIA: U.S. crude inventories decline for tenth week to over 40-yr low 6/18
- Australia opens first carbon refinery, making new products from captured CO2 6/18
- ABB expands non-invasive sensing portfolio to advance simpler, safer temperature measurement 6/18
