Gas Processing/LNG
Editors’/Readers’ Choice 2014
According to Hydrocarbon Processing’s Construction Boxscore Database, over $1.143 trillion in announced global projects are at various stages of development. Using the Boxscore Database, HP editors identified 12 projects that will have the highest impact to the global or regional downstream industry. HP readers voted online to select the top project in each category.
HP Gas Processing: Rocking the LNG boat: FLNG projects get liquefaction off the ground
Floating LNG (FLNG) projects have been receiving much attention recently as a flexible, alternative solution to onshore LNG projects. A review of major planned and under-construction floating liquefaction projects shows how the technology is gaining ground around the world.
HP Viewpoint: US shale revolution set to spill over into downstream
The US shale boom is rapidly changing from an upstream story to a broader energy evolution with increased margins migrating to midstream and, more particularly, to downstream. In downstream oil, disco..
HP Forecast: 2015 downstream forecast reaches all-time high
In 2015, the HPI’s capital, maintenance and operating budgets are expected to exceed $324 B. Global announced project spending continues to surge to satisfy increasing demand for petroleum products.
HP Industry Metrics
Oil prices continued their downward plunge throughout October and into early November. The decline is due to bearish market fundamentals accompanied by a strong US dollar. Saudi Arabia is not expected..
HP News
DOE study examines impacts of US LNG exports The US Department of Energy’s office of Fossil Energy (DOE/FE) recently completed a study on the impact of exporting LNG on the US energy market. Ther..
Globally, the HPI is building new capacity
The HPI continues to expand to meet increasing demand for energy, transportation fuels, and petrochemical-based consumer products. As confirmed by HP’s HPI Market Data 2015 forecast, numerous construction projects are under various stages of development for the refining, petrochemical and gas processing/LNG industries.
CB&I to build hydrogen plant for Kansas refinery
The project scope includes the engineering, procurement, fabrication and field construction of a 22 million standard cubic feet/day hydrogen plant at its refinery in Coffeyville, Kansas.
BMW recommends Shell as global supplier for aftermarket engine oils
Base oil is the main component of finished oils and plays a vital role in the quality of the finished engine oil. The base oil is produced at Shell's Pearl GTL plant in Qatar.
HP Industry Metrics
Mid–October crude oil prices slumped as the International Energy Agency (IEA) announced a slight increase in global oil demand by 700 Mbpd. In contrast, oil production is forecast to increase by ..
- EU warns of prolonged energy shock, forced cuts if Iran war continues 4/15
- Europe's summer flights at risk as Iran war exposes refining decline 4/15
- Slovak refiner says no deal yet on Adria pipeline tests 4/15
- Japan's weekly gasoline prices largely flat as subsidies offset price spikes 4/15
- Botswana has not requested stake in Lobito refinery, Angola's Sonangol says 4/15
- Tasnee announced delay to SEPC's ethylene/polyethylene plant expansion project 4/15
