Natural Gas
Hydrocarbon value chain optimization: Non-CAPEX opportunities to improve gross margins for the downstream sector—Part 2
Part 2 will outline additional opportunities across quality giveaway reduction, hydrocarbon loss measurement, refinery mass balance and energy management in downstream functions without the need for capital expenditure (CAPEX) or software infrastructure upgrades.
Optimizing NGL treatment for sulfur and methanol reduction at Pembina NGL Corporation’s Redwater fractionation plant—Part 2
This article provides an in-depth case study on how Pembina NGL optimized NGL treatment at its Redwater fractionation plant in Alberta, Canada.
Synergize FCCUs and hydrocracking processing units to maximize refining margins—Part 2
Part 1 of this article appeared in the February issue. Part 2 here will explore the role of FCC and hydrocracking in crude-to-chemicals and the challenge of cracked feeds, among other topics.
EIA: Oil prices and refinery margins fell slightly in first quarter of 2025
During the first quarter (1Q) of 2025, crude oil prices generally decreased while U.S. refinery margins initially increased before decreasing in the final month of the quarter. In its quarterly update, the U.S. Energy Information Administration (EIA) reviews petroleum markets price developments in 1Q, covering crude oil prices, refinery margins, biofuel compliance credit prices and natural gas plant liquids prices.
South Korea to implement smaller fuel tax cuts from May
Tax breaks will be extended until the end of June, with the rate adjusted to 10% for gasoline, from the current 15%, and that for diesel and liquefied petroleum gas butane to 15% from 23%.
China-U.S. trade war redrawing global LPG trading, outlook
The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for alternatives from the Middle East, while U.S. shipments divert to Europe and elsewhere in Asia.
Axens completes site expansion to produce hydrogenation tail gas treatment catalysts in Saudi Arabia
The expansion of Axens Catalyst Arabia Limited comprises an additional capacity for Axens to manufacture tail gas treatment catalysts on site.
Russia's Novatek plans condensate processing complex in Murmansk
Russian energy company Novatek plans to build a complex in Murmansk to process and ship stable gas condensate.
Russia lacks infrastructure to replace U.S. LPG for China
Russia's exporters of liquefied petroleum gas (LPG) are unlikely to be able to provide enough LPG to make up for U.S. supplies disrupted by tariffs, traders said on Thursday, citing a lack of infrastructure.
Update: India's fuel demand hits 10-month high in March
India's fuel demand in March hit a 10-month high, rising 9.3% from the previous month to 20.91 MM tonnes (t).
- Kumho Mitsui Chemicals to increase capacity of MDI production facilities 12/15
- ABS, Eneos, NYK Line and Seacor Holdings launch joint study to develop a methanol marine fuel supply network in the U.S. 12/15
- ENEOS accelerates AI-driven materials discovery of immersion cooling fluids and novel catalysts Using NVIDIA ALCHEMI 12/15
- SAMSUNG E&A wins FEED contract for nearly $5-B SAF plant in the U.S. 12/15
- KBR wins green ammonia project by IGNIS in Spain 12/15
- Phillips 66 announces $2.4-B capital budget for 2026 12/15
