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..
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.
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..
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.
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.
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 ..
Gulf Publishing Company’s second annual GTL Technology Forum was held from July 30–31, 2014, in Houston, Texas. Speakers and attendees shared insight on gas processing technology developments, project economics and business challenges, with a focus on GTL processing technologies.
A bump in the US economy triggered strong gasoline use. Debottlenecking of pipelines allow more US midcontinent crude to reach US Gulf Coast refineries, which operated at the highest utilization rates..
Future fuels must have a unique “drop-in” capability. They must also be compatible with present vehicle engines and fungible within the distribution system. Finding alternatives to corn-base..
Demand for transportation fuels will continue to increase over the next 15 to 25 years. These fuels will still be primarily based on crude oil. Developing nations are driving growing demand for energy..