Africa
Construction
Equatorial Guinea plans to invest $1 B to build several energy projects, including the construction of two new refineries, each with a capacity of 30,000 bpd–40,000 bpd, as well as oil storage facilities, a methanol-to-gasoline plant and an LNG expansion project.
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 1,430 projects around the world, representing nearly $1.9 T in capital expenditures.
IMO 2020 stability and compatibility headaches
The year 2020 will be a mess from the fuel oil stability and compatibility points of view. The year will be price-driven, so the temptation to “cut corners” is great—meaning that a highly variable number of blend components to manufacture the fuel oil will open a “Pandora’s box” of complex and questionable fuel formulations.
Editorial Comment: Honoring the industry’s best … take 2!
Due to Tropical Storm Imelda, Hydrocarbon Processing issued its first force majeure in postponing the third annual HP Awards.
Reliability: Viewing issues out of context may be a waste of time
An alternative to the above title would be “Test your rotating equipment engineers’ IQ.”
Hydrocarbon Processing Awards
<i>Hydrocarbon Processing,</i> the downstream processing sector’s leading technical publication, has announced the finalists for its third annual awards.
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 1,300 projects around the world.
Editorial Comment: A shift in capital? Petrochemical projects take lead in active project market share
In mid-June, I joined Thad Pittman, Senior Research Analyst, <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, to provide <i>Hydrocarbon Processing</i> subscribers with a global analysis on the downstream processing industry’s capital projects landscape.
Construction
Anadarko Petroleum Corp. has reached a full agreement with CCS JV, a JV between Chiyoda, McDermott and Saipem, for the development of its Mozambique Area 1 LNG terminal.
Global Project Data
Hydrocarbon Processing’s Construction Boxscore Database is tracking more than 1,300 projects around the world.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- OXEA and Air Liquide renew syngas and hydrogen supply agreement for Oberhausen site 5/18
- BASF boosts refinery catalyst innovation with new R&D center in Attapulgus, Georgia (U.S.) 5/18
- Aster and Puraglobe sign MoU to bring world-leading re-refining technology to Asia 5/18
- U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices 5/18
- China's April oil throughput hits lowest since August 2022, inventories rise 5/18
