Europe
Morgan Stanley: European refining margins set for rebound
LONDON (Reuters) — The bank’s spot European margin indicator fell to $6.50 a barrel from around $8 a barrel in mid-October, largely on the back of a rally in Brent futures, but forward margins held up.
Borealis awards Jacobs FEED contract for PDH plant in Belgium
DALLAS — Jacobs Engineering Group Inc. has been awarded a contract to complete a front end engineering design (FEED) study for a propane dehydrogenation (PDH) plant located at the existing Borealis production site in Kallo, Belgium.
Oil hits new two-and-a-half year highs as higher output looms
SINGAPORE/LONDON (Reuters) — Oil prices rose on Wednesday to new two-and-a-half year highs as robust output in the United States and Russia balanced tensions from a sixth day of unrest in OPEC member Iran.
Shell to retain ownership of A/S Dansk Shell
Shell announces today that the agreement it signed with Dansk Olieselskab AS (DO) in September 2016 regarding the sale of A/S Dansk Shell, which consists of the Fredericia refinery and local trading and supply activities, has terminated and the sale will not complete.
Oil trades near strongest levels since mid-2015 on Iranian unrest
SINGAPORE/LONDON (Reuters) — Oil prices posted their strongest opening to a year since 2014 on Tuesday, with crude rising to mid-2015 highs amid large anti-government rallies in Iran and ongoing supply cuts led by OPEC and Russia.
Editorial Comment: Biofuels—A viable fuel source for the future?
This issue of <i>Hydrocarbon Processing</i> focuses on the use of alternative feedstocks and biofuels. The goal of utilizing these technologies is to produce fuels and products that lower total carbon output/emissions, which is a major focus in decarbonizing economies around the world.
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 330 active gas processing/LNG projects around the world.
Business Trends: The future of LNG—Part 1
Over the past several years, new gas processing/LNG capacity has surged in nearly every region. Growth on both the supply and demand sides has resulted in the announcement of billions of dollars of capital investment across the world. Millions of tons of new LNG import and export capacity have commenced operations, with hundreds of millions of tons still under development.
Industry Perspectives: New gas processing/LNG project announcements increase for the first time in three years
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, nearly 800 new projects have been announced since 2015. Over the past few years, new project announcements have decreased each year. However, the rate of decline has slowed over the past year.
2018 Industry Leaders’ Viewpoints
To kick off the new year, industry leaders and esteemed colleagues shared their viewpoints on 2018 and beyond with Hydrocarbon Processing. These viewpoints offer insight into growing regions of activity, technological advances, and how the downstream industry can innovate in 2018 and into the future.
- thyssenkrupp Uhde completes pre-FEED for HAMR Energy’s renewable fuels project in Australia 8/21
- Europe distillates-diesel profit margins firm 8/21
- U.S.: Indiana's bp refinery restarts after severe flooding 8/21
- Berlin weighs trusteeship extension for Rosneft's German assets 8/21
- Trump administration to rule on biofuel exemption requests, delay reallocation decision 8/21
- TotalEnergies' Donges refinery fire extinguished 8/21
