Crude oil
US energy sector poised for rising M&A activity
Volume and value levels in oil and gas are close to 2011 levels with an increase in mega deals led by private-equity funds that have increased their investment and exposure to the energy industry. PwC said it expects deal activity to rise in 2013, with ongoing consolidation in shale plays very likely.
Plains to buy five crude oil rail terminals in US
The deal includes three crude-oil rail loading terminals in the Eagle Ford, Bakken and Niobrara producing regions, a rail unloading terminal at St. James, La., and a project to construct a crude oil unloading terminal near Bakersfield, Calif. Plains expects to complete the purchase before the year end.
US monthly oil production climbs to 14-year high
Such statistics reflect the US's growing role as a dominant energy producer. Earlier this year, the International Energy Agency said the US could overtake Saudi Arabia as the world's largest oil producer by 2020 - a trend that would transform global energy markets as well as international politics.
Consider coal gasification for liquid fuels production
Due to faster depleting natural gas reserves and more abundant coal reserves, coal gasification and CTL are solutions to produce liquid fuels over the long term.
HP Editorial Comment: The last word
Throughout this year, Hydrocarbon Processing (HP) has investigated the last 90 years of the hydrocarbon processing industry (HPI) through its monthly editorial, Insight. The HPI has a rich history; th..
HP Brief: Brief
Gulf Coast hydrogen pipeline unveiledAir Products recently completed its 600-mile Gulf Coast Connection Pipeline (GCCP) project and also started up operations at a dynamic customer service center.The ..
HP Impact: US energy independence vs. energy security
The Deloitte Center for Energy Solutions recently released a report, “Energy independence and security: A reality check,” which examines whether or not energy independence is necessary to ac..
HP Forecast: HPI Market Data 2013 Executive Summary
ENERGY TIME: CHARTING A COURSE FOR THE FUTUREThe hydrocarbon processing industry (HPI) is a global business with a 100-year history. Much has changed since the early days when crude oil was stripped t..
HP Associations: Gastech examines natural gas potential for all sectors
For four days in October, Hydrocarbon Processing was on call at the Gastech Conference and Exhibition in London. The magazine’s editorial staff was selected to produce the official show daily new..
HP Construction: Europe
Alfa Laval has won an order for compact heat exchangers from a refinery in Russia. The order, valued at approximately SEK 70 million, was booked late September 2012, and delivery is scheduled for 2013..
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