Nichols, Lee

Business Trends: Global LNG projects to compete with pipeline gas

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.

Industry Perspectives: The Main Column—Hydrocarbon Processing's new podcast series

In December 2019, <i>Hydrocarbon Processing's</i> launched its new podcast series: The Main Column. The podcast series will feature the latest in hydrocarbon processing industry (HPI) trends, technology developments, engineering and operations.

Editorial Comment: Adopting digital technologies to enhance operations

What is the future of refining and petrochemical operations? One trend that has been the focus of many articles, whitepapers and conference presentations is the digital transformation of the hydrocarbon processing industry (HPI).

Editorial Comment: Processing a sustainable future

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

Onsite

Construction

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.

Global Project Data

<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 1,430 projects around the world, representing nearly $1.9 T in capital expenditures.

Industry Perspectives: Petrochemicals surge despite possible future roadblocks

Over the past several years, investments in petrochemicals capacity additions have skyrocketed. Hundreds of billions of dollars have and will be invested in additional petrochemicals units and complexes.

Industry Perspectives: New project announcements surpass 400 in 2019

According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, more than 400 new projects have been announced in 2019. The total represents a 25% increase in new project announcements year-over-year.

Editorial Comment: HPI spending forecast to reach nearly $440 B in 2020

As the hydrocarbon processing industry (HPI) moves into the next decade, three regions will be the leaders in new capital construction—Asia, the Middle East and the U.S.