Greenhouse Gases

Business Trends: Global LNG projects to compete with pipeline gas

Blume, Adrienne, Nichols, Lee, Hydrocarbon Processing Staff

Expanding LNG supply worldwide will continue to dominate the changing landscape of the natural gas industry and gas trade. By 2040, LNG is expected to account for more than 15% of global gas consumption, after overtaking interregional pipeline deliveries in the late 2020s.

Executive Viewpoint: Fuels and petrochemicals will continue to help humanity thrive

Thompson, C., American Fuel & Petrochemical Manufacturers (AFPM)

A 15-yr rise in U.S. exports of refined products continued in 2019 with the nation exporting more than ever, underscoring the importance of these products to fueling a growing world. In the latter half of the last decade, U.S. petrochemical production capacity increased—with more than $20 B invested in domestic petrochemical projects in the last 2 yr alone—and exports of petrochemicals and petrochemical feedstocks rose, as well.

Brazilian developments in the biofuels market

Since the 1970s, Brazil has been a world reference in automotive biofuels, especially bioethanol produced from sugarcane. In 1973, the Organization of the Petroleum Exporting Countries (OPEC) forced a sharp rise in oil prices, triggering a massive slowdown in the country’s economic growth, which had been going through what was dubbed the “economic miracle,” with growth at an average of 12% of GDP. This study gives an overview of the biofuel sector in Brazil, along with the main business challenges and opportunities in this area.

Circular economy: Getting in the door of opportunity ahead of a vanishing polymer market

Bjacek, P., Accenture

Significant change is coming to the hydrocarbons industry. Up to 43% of the global conventional polymer production expected by 2040 may disappear due to circular economy (CE) initiatives. In addition, due to the growth in wind turbines and solar panels, and in lightweight composite materials in cars and planes, advanced materials waste is just beginning.

Editorial Comment: Processing a sustainable future

Nichols, Lee, Hydrocarbon Processing Staff

An emerging topic along the entire oil and gas value chain is the move toward sustainability. Each company has a somewhat different definition of what sustainability means to its operations.

Construction

Nichols, Lee, Hydrocarbon Processing Staff

Equatorial Guinea plans to invest $1 B to build several energy projects, including the construction of two new refineries, each with a capacity of 30,000 bpd–40,000 bpd, as well as oil storage facilities, a methanol-to-gasoline plant and an LNG expansion project.

Can ammonia be a future energy storage solution?

Ammonia is well known as a fertilizer. However, it is also a potential carbon-free fuel and an excellent solution for storage of renewable electricity, especially if the syngas needed for producing the ammonia is made by electrolysis.

Hydrocarbon Processing Awards Winners

Hydrocarbon Processing, the downstream processing sector’s leading technical publication, has announced the winners for its third annual awards. The HP Awards celebrate innovative technologies and people that have been instrumental in improving facility operations over the past year.

Business Trends: One downstream—Strategic imperatives for the evolving refining and chemical sectors

Dickson, D., Slaughter, A., Deloitte Services; Mittal, A., Deloitte Services LP

Downstream executives will remember the present decade as a golden age for the industry, driven by low feedstock prices and healthy end-use demand.

From traditional to green refinery: The transformation of Eni’s Gela plant

The need for a more sustainable energy mix is setting a challenge for refinery operators.