Natural Gas
Decline in LNG contract lengths and volumes raises future supply concerns
A dramatic acceleration of a trend toward smaller volumes and shorter tenures for LNG contracts in 2017 highlights the growing commoditization of the global LNG market, even as it raises troubling questions about future supply.
Viewpoint: Electric vehicles vs. the perfect battery
It is no surprise that electric vehicles (EVs) are getting a lot more attention, now that carmakers have announced plans to increase production of them.
Editorial Comment: What is the future role of the process engineer?
During the American Institute of Chemical Engineers’ (AIChE’s) Spring Meeting, held in Orlando, Florida in April, I was honored to sit on a panel discussion with Paul Durand from ExxonMobil and Sanjeev Kapur from Apex PetroConsultants.
Industry Metrics
Reduced refinery output caused by planned and unplanned refinery outages, and record-breaking gasoline export levels and strong diesel inventory drawdowns, drove US margins to a record 3-yr high in April.
Refining: Winning strategies for oil producers
The prospect of peak oil demand will put pressure on resource-rich national oil companies (NOCs).
Show Preview: IRPC Europe returns to Italy this June
Gulf Energy Information and Hydrocarbon Processing are pleased to provide a preview of IRPC Europe 2018, which will be held June 5–7 in Milan.
Industry Metrics
Atlantic Basin markets strengthened amid the onset of refinery maintenance season, while US support came from higher gasoline demand and gasoline price adjustments from the switch to summer RVP.
Industry Perspectives
Over the past several years, new gas processing/LNG capacity has surged in nearly every region.
Advanced steam system optimization program
The steam system forms an integral part of the safe, reliable and profitable operation of a process plant. Steam constitutes approximately 30% of the energy used in a typical petroleum refinery.
Industry Metrics
US refinery margins showed seasonal y–o–y growth, mainly supported by gasoline and diesel stocks drawdowns due to refinery maintenance.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
