Gas Processing/LNG
HP Petrochemicals: Rail safety becoming key issue for US, Canadian producers
The first five years of the modern shale revolution have been a boon for petrochemical producers throughout North America. While proposed energy exporters must go through lengthy approval processes an..
HP Gas Processing: US midstream expansion hits Utica shale
Significant expansion is planned for the midstream oil and gas sectors in 2014, following a 263% increase in midstream capital spending to $46.4 billion (B) in 2013, according to Deloitte.1 A five-yea..
HP Boxscore Construction Analysis: 2014 global construction outlook—Part 1
According to Hydrocarbon Processing’s HPI Market Data 2014, total capital spending in the hydrocarbon processing industry (HPI) is estimated to exceed $77 billion (B). This amount includes invest..
HP Viewpoint: Sound energy policy needed to support 21st century economy
The shale energy revolution has overturned every assumption we once held about the US long-term energy outlook. Thanks to technological advances in hydraulic fracturing and horizontal drilling, we hav..
HP Industry Perspectives: The best modern-day inventions according to chemical engineers
The best inventions are often influenced by an individual’s background, job, education and so forth. So what are the top 10 inventions according to chemical engineers? The Institution of Chemical..
HP Industry Metrics
According to the US Energy Information Administration’s Short-Term Energy Outlook February 2014, forecast global petroleum and other liquids supply will increase by 1.7 million bpd (MMbpd) in 201..
Jensen to design first LNG bunker barges in US
This agreement between LNG America and Jensen Maritime is a significant step in LNG America’s build out of LNG bunkering infrastructure along the US Gulf Coast, and a large step in delivering a new clean fuel to the maritime industry. The vessels will be ready for service by the end of 2015.
US to rival Russia in European LNG supply
With the boom in shale gas production in the US, the country is anticipated to challenge Russia's LNG monopoly in Europe by the end of the decade. Europe is becoming increasingly reliant on imports.
China’s Sinopec seeks investors for $20 billion in oil retail unit sales
Sinopec’s move is its first step to meet a government promise to encourage more private investment in state-owned industries, as part of China’s biggest package of reforms since the 1990s.
Totem Ocean picks Wärtsilä technology for major LNG ship conversion
Wärtsilä will supply main engines, generators and integrated LNG storage and fuel gas handling systems (LNGPac) for one of the largest LNG conversions ever undertaken in North America.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
