Economics
Rosneft, Pertamina to form JV for refining, petrochemicals
Rosneft and Pertamina will create a JV company to implement the construction of the Tuban refining and petrochemical complex located in the eastern part of Java, Indonesia.
Ivory Coast signs agreement to establish Total-led LNG consortium
Ivory Coast signed a partnership pact to create a consortium headed by France's Total to build a LNG import terminal that could begin receiving gas shipments by mid-2018.
BP and Area 4 partners sign LNG SPA for Mozambique
BP and the Area 4 concession partners entered into a sales and purchase agreement for BP to purchase 100% of the LNG produced by the Coral South FLNG facility.
Asia refining margins tumble on crude price spike
Asian refining margins have tumbled to their lowest in nearly six weeks after touching a seven-month high in September, hit by a spike in crude prices following OPEC's decision to curb output.
Use dynamic simulation to maximize plant operating performance
The oil and gas industry has witnessed seismic downward shifts in barrel prices and uplifts in market competitiveness.
Lessons learned in commercial scale-up of new chemical processes
Commercializing a new chemical process can be as simple as installing one or more homogenous batch reactor(s), or as complex as designing a fully integrated chemical complex requiring one or more heterogeneous reaction steps processing gas, liquid and/or solids, with other units required to prepare feeds, recover products/byproducts and recycle streams.
Remove sulfur and nitrogen from liquid hydrocarbons with absorption process
Adsorption is a well-known and simple separation technique finding application in water treatment, specialty chemicals production, gas separation and removal of trace impurities.
Shell to provide fuel for Carnival’s LNG-powered cruise ships
Carnival has signed a framework agreement with Shell Western LNG to be its supplier of marine LNG to power the world's first fully LNG-powered cruise ships.
Innovations
Where large machines are in use and the overall processes depend on a smoothly functioning plant, companies often rely on fixed maintenance schedules and diagnostic tools.
Industry Metrics
US gasoline demand contributed to falling inventories. Operational problems at several refineries and the potential impact of a tropical storm strengthened margins.
- AVTL to develop ammonia terminal in Pipavav, India 6/20
- Chevron seeks buyers for 50% stake in Singapore refinery 6/20
- Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict 6/20
- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
- Italy's Eni eyes new unit to manage oil refineries 6/20
- Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future 6/20
