Diesel
Construction
Total plans to take a final investment decision (FID) on the Nigeria LNG expansion project by the end of this year. If greenlighted, the 7-MMtpy LNG train would increase the Bonny Island LNG terminal’s capacity to nearly 30 MMtpy. If built, Train 7 is expected to be operational by 2023.
Diversifying the future: Incentives for worldwide adoption of renewable fuels and chemicals—Part 2
Bio-based, renewable fuels and chemicals can reduce the environmental footprint of maintaining global transportation and product demands, while also offering supplementation of traditional fossil fuels in a global environment with increasing energy demand. The renewable energy sector is large and growing rapidly.
Hydrocarbon Processing Awards Winners
<i>Hydrocarbon Processing,</i> the downstream processing sector’s leading technical publication, has announced the winners for its third annual awards. The <i>HP</i> Awards celebrate innovative technologies and people that have been instrumental in improving facility operations over the past year.
Business Trends: One downstream—Strategic imperatives for the evolving refining and chemical sectors
Downstream executives will remember the present decade as a golden age for the industry, driven by low feedstock prices and healthy end-use demand.
Hydrocarbon Processing Awards
<i>Hydrocarbon Processing,</i> the downstream processing sector’s leading technical publication, has announced the finalists for its third annual awards.
Industry Metrics
The US gasoline market received a boost from a gasoline supply outage on the East Coast, despite overall supply-side pressure resulting from higher regional refinery intakes.
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.
Petrochemicals: DME market outlook impacted by clean fuels demand, diesel emissions
As environmental concerns emerging from the incessant consumption of fuels have gripped the attention of global leaders, energy producers have been developing cleaner fuel alternatives for use in domestic and commercial settings.
Construction
Sinochem Hongrun Petrochemical Co. Ltd. will use Honeywell UOP’s ionic liquids alkylation technology to produce high-octane, cleaner-burning transportation fuels.
Industry Metrics
In the US, continued gasoline–related tightening exerted upside pressure on prices, despite improvement in refinery throughputs as refineries returned online.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
