Natural Gas
Editorial Comment: Hydrocarbon Processing forecasts $321 B in total HPI spending in 2017
What is the state of the global hydrocarbon processing industry (HPI)? Which regions and sectors are seeing growth, and which are stagnant, or possibly shrinking? These were some of the questions that <i>Hydrocarbon Processing</i> editors tackled at the 43rd Annual <i>Hydrocarbon Processing</i> Forecast Breakfast.
Industry Metrics
Stronger demand and falling inventories allowed US gasoil cracking spreads to recover, while gasoline was supported by outages.
Industry Metrics
US margins fell due to the slowing of domestic gasoline demand, as the driving season ended amid high inventories.
Amec Foster Wheeler wins contract for steam reformer heater in Egypt
Amec Foster Wheeler has been awarded a contract by The National Company for Fertilizers & Chemicals to supply material and detailed engineering for a steam reformer heater for its fertilizer facility in Alexandria, Egypt.
Ceramic-based conversion produces clean, low cost chemicals from natural gas.
A team of scientists from CoorsTek Membrane Sciences, the University of Oslo (Norway), and the Instituto de Tecnología Química (Spain) has developed a new process to use natural gas as raw material for aromatic chemicals.
Canada unveils carbon price, energy-producing provinces unhappy
Canada's federal government vowed to bring in a minimum price on carbon emissions by 2018.
Industry Metrics
US gasoline demand contributed to falling inventories. Operational problems at several refineries and the potential impact of a tropical storm strengthened margins.
Much of 2017’s oil demand growth may bypass refineries
US shale gas may displace a growing portion of the world's expanding energy demand, cutting into the need for oil products from refineries.
Federal Reserve proposes new limits on Wall Street energy bets
The Federal Reserve outlined a plan to limit Wall Street bets on the energy sector by forcing companies like Goldman Sachs and Morgan Stanley to hold more capital against such investments.
Enterprise begins service at new ethane export terminal
Enterprise Products Partners’ first cargo of ethane to be exported from Enterprise’s Morgan’s Point, Texas terminal has been loaded.
- OXEA confirms final investment decision for major capacity expansion at plant 7/10
- TotalEnergies ships to Asia the first cargo produced by the ECA LNG plant 7/10
- ADNOC L&S expands LNG fleet with order for four new carriers 7/10
- India's ONGC plans to build 13-MMbbl national strategic oil reserve 7/10
- Russian refineries, oil terminal, tankers hit, Ukraine says 7/10
- Tajikistan says it has 60 days' fuel in reserve amid Russian supply crunch 7/10
