Europe

Industry Perspectives: HPI project announcements analysis shows decline over past 3 yr

Nichols, Lee, Hydrocarbon Processing Staff

According to Hydrocarbon Processing’s Construction Boxscore Database, more than 870 new projects have been announced since 2015.

Petrochemicals: Asia to lead growth in the aliphatic hydrocarbon solvents and thinners market

Sakhrani, V., Markets and Markets

A variety of aliphatic hydrocarbon solvents and thinners are being consumed globally. Preferences for one solvent over another depend on various factors, such as solvency, evaporation rate, boiling point, viscosity and surface tension.

City of Espoo to use Neste biodiesel in diesel-powered machines

The Public Works Department at the City of Espoo has decided to use Neste MY Renewable Diesel in all of its diesel-powered machines.

Morgan Stanley: European refining margins set for rebound

LONDON (Reuters) — The bank’s spot European margin indicator fell to $6.50 a barrel from around $8 a barrel in mid-October, largely on the back of a rally in Brent futures, but forward margins held up.

Borealis awards Jacobs FEED contract for PDH plant in Belgium

DALLAS — Jacobs Engineering Group Inc. has been awarded a contract to complete a front end engineering design (FEED) study for a propane dehydrogenation (PDH) plant located at the existing Borealis production site in Kallo, Belgium.

Oil hits new two-and-a-half year highs as higher output looms

SINGAPORE/LONDON (Reuters) — Oil prices rose on Wednesday to new two-and-a-half year highs as robust output in the United States and Russia balanced tensions from a sixth day of unrest in OPEC member Iran.

Shell to retain ownership of A/S Dansk Shell

Shell announces today that the agreement it signed with Dansk Olieselskab AS (DO) in September 2016 regarding the sale of A/S Dansk Shell, which consists of the Fredericia refinery and local trading and supply activities, has terminated and the sale will not complete.

Oil trades near strongest levels since mid-2015 on Iranian unrest

SINGAPORE/LONDON (Reuters) — Oil prices posted their strongest opening to a year since 2014 on Tuesday, with crude rising to mid-2015 highs amid large anti-government rallies in Iran and ongoing supply cuts led by OPEC and Russia.

Editorial Comment: Biofuels—A viable fuel source for the future?

Nichols, Lee, Hydrocarbon Processing Staff

This issue of Hydrocarbon Processing focuses on the use of alternative feedstocks and biofuels. The goal of utilizing these technologies is to produce fuels and products that lower total carbon output/emissions, which is a major focus in decarbonizing economies around the world.

Global Project Data

Nichols, Lee, Hydrocarbon Processing Staff

Hydrocarbon Processing’s Construction Boxscore Database is tracking more than 330 active gas processing/LNG projects around the world.