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Natural Gas

HP Industry Metrics

Mid–October crude oil prices slumped as the International Energy Agency (IEA) announced a slight increase in global oil demand by 700 Mbpd. In contrast, oil production is forecast to increase by ..

HP Global: Asia-Pacific’s refining industry entering a low-margin cycle

Wood Mackenzie: Gupta, S.

The global refining industry is struggling with overcapacity even after the closure of 3.5 MMbpd of capacity since 2011. Accordingly, global refining margins are expected to weaken in the coming years..

HP Industry Metrics: Industry Metrics

According to the International Energy Agency’s August Oil Market Report, 2014 global oil demand has stalled. The International Monetary Fund (IMF) revised down its forecast for global economic gr..

HP Gas Processing: Second GTL Technology Forum brings executive insight, new developments

Hydrocarbon Processing Staff: Blume, Adrienne

Gulf Publishing Company’s second annual GTL Technology Forum was held from July 30–31, 2014, in Houston, Texas. Speakers and attendees shared insight on gas processing technology developments, project economics and business challenges, with a focus on GTL processing technologies.

HP Viewpoint: Refining industry developments—Growing opportunity and uncertainty

American Fuel & Petrochemical Manufacturers (AFPM): Drevna, Charles T.

The U.S. has seen a dramatic change in energy production in just a relatively short period. Crude oil output has increased by about 55% in the last five years, according to data from the Energy Inform..

HP Industry Metrics: Industry Metrics

A bump in the US economy triggered strong gasoline use. Debottlenecking of pipelines allow more US midcontinent crude to reach US Gulf Coast refineries, which operated at the highest utilization rates..

HP Industry Perspectives: New development for drop-in fuels

Future fuels must have a unique “drop-in” capability. They must also be compatible with present vehicle engines and fungible within the distribution system. Finding alternatives to corn-base..

Global refining: What is the future?

Hydrocarbon Processing Staff: Romanow, Stephany

Demand for transportation fuels will continue to increase over the next 15 to 25 years. These fuels will still be primarily based on crude oil. Developing nations are driving growing demand for energy..

HP Boxscore Construction Analysis: The CIS—four countries, $50 billion in downstream investments

Hydrocarbon Processing Staff: Nichols, Lee

Azerbaijan, Kazakhstan, Turkmenistan and Uzbekistan are laying the foundation to attract foreign investment to develop their vast hydrocarbon reserves, as well as to develop their downstream processing infrastructure to meet rising demand and export opportunities.

HP News

Hydrocarbon Processing Staff: Thinnes, Billy

Refining capacity in the US increases slightly At the beginning of 2014 in the US, there were 139 operating refineries and three idle refineries with total atmospheric crude oil distillation capacity ..