Economics
BP and Area 4 partners sign LNG SPA for Mozambique
BP and the Area 4 concession partners entered into a sales and purchase agreement for BP to purchase 100% of the LNG produced by the Coral South FLNG facility.
Asia refining margins tumble on crude price spike
Asian refining margins have tumbled to their lowest in nearly six weeks after touching a seven-month high in September, hit by a spike in crude prices following OPEC's decision to curb output.
Use dynamic simulation to maximize plant operating performance
The oil and gas industry has witnessed seismic downward shifts in barrel prices and uplifts in market competitiveness.
Lessons learned in commercial scale-up of new chemical processes
Commercializing a new chemical process can be as simple as installing one or more homogenous batch reactor(s), or as complex as designing a fully integrated chemical complex requiring one or more heterogeneous reaction steps processing gas, liquid and/or solids, with other units required to prepare feeds, recover products/byproducts and recycle streams.
Remove sulfur and nitrogen from liquid hydrocarbons with absorption process
Adsorption is a well-known and simple separation technique finding application in water treatment, specialty chemicals production, gas separation and removal of trace impurities.
Shell to provide fuel for Carnival’s LNG-powered cruise ships
Carnival has signed a framework agreement with Shell Western LNG to be its supplier of marine LNG to power the world's first fully LNG-powered cruise ships.
Innovations
Where large machines are in use and the overall processes depend on a smoothly functioning plant, companies often rely on fixed maintenance schedules and diagnostic tools.
Industry Metrics
US gasoline demand contributed to falling inventories. Operational problems at several refineries and the potential impact of a tropical storm strengthened margins.
Business Trends: Global refining overview—Part 2
<i>Hydrocarbon Processing</i> continues its series on the global refining industry.
Viewpoint: New challenges demand innovative solutions
As the industry works through the most volatile conditions in more than a generation, refiners are facing several challenges that will define the industry in the next decade.
- Southern Energy Renewables and Axens Sign MoU to advance SAF projects in Louisiana and beyond 4/8
- One of the largest heat pumps in the world has reached BASF's Ludwigshafen site 4/8
- LANXESS introduces surcharge for Lewatit ion exchange resins 4/8
- India raises HPCL Rajasthan Refinery project cost to $8.6 B 4/8
- Iranian Oil Refining Co. confirms attack on Lavan refinery 4/8
- Slovakia ending diesel fuel export ban, other measures still in place 4/8
