Lukoil recently offered an outlook on the long-term prospects for the global hydrocarbon processing industry. The outlook’s objective is to analyze trends that will (in Lukoil’s view) determ..
Statoil’s board has concluded an investigation into the terrorist attack at the BP gas plant in In Amenas, Algeria. The investigation team visited the In Amenas plant on April 16 and issued its f..
US asphalt demand is forecast to increase 3.7% annually to 27.9 million tons (MMt) in 2017. This is equivalent to 154 million bbl of primary asphalt, the vast majority of which is refined petroleum as..
A roundup of top news in the hydrocarbon processing industry from September's issue.
Egypt’s influence is felt mainly through the operation of the Suez Canal and Suez-Mediterranean (Sumed) pipeline. In 2012, about 7% of all seaborne-traded oil and 13% of liquefied natural gas (LNG) traded worldwide transited through the Suez Canal.
For the three month period ended June 30, 2013, there were a total of 39 oil and gas deals with values greater than $50 MM, accounting for $17.2 billion in deal value.
The US Department of Energy (DOE) has released a report that assesses how critical US energy and electricity infrastructure is vulnerable to the impacts of climate trends.
Train accident raises concerns on safetyThe train derailment that killed at least 38 people in Lac-Mégantic, Quebec, has heightened safety concerns about crude oil shipments by rail. It has been ..
Diluted bitumen (dilbit) has no greater likelihood of accidental pipeline release than other crude oils, says a new report from the National Research Council. The report found that diluted bitumen has..
Canada’s Minister of Natural Resources recently announced the government’s plan to further enhance the country’s pipeline system by requiring companies operating major pipelines to have..