Global demand for natural gas and the infrastructure necessary to deliver it is set to keep growing over the next five years, with ongoing increases in demand across underdeveloped Asian economies and the continued development of international gas trade
The Russian producer looks on track to achieve its production growth targets
Asset life assessment (ALA) has become a strategic tool for process plants (e.g., petrochemical, chemical, and oil and gas) to determine the extent of degradation and the ability of assets to bear static and dynamic loads while sustaining the desired production processes.
Hydrocarbon Processing sat down with senior-level executives of Merichem Company, Cyndie Fredrick (CF) and Kathy Young (KY), Senior Vice Presidents and General Managers of Merichem’s two business units, to discuss the state of the downstream industry, where it is heading in the future and how their company is helping operators meet their sustainability goals.
Over the past decade, the price of WTI diverged considerably from Brent, sometimes selling at a steep discount. Some studies pointed to the ban on exporting U.S. crude oil production as the main culprit, but scarce domestic pipeline capacity explains half to three-quarters of the deviation.
The U.S. municipal water landscape is undergoing a transformation, as critical infrastructure services – water, gas, and electricity – converge under single investor-owned utility banners. This trend is highlighted by the growing roster of diversified infrastructure service providers owning water and wastewater utilities in the U.S., according to a new report from Bluefield Research.
Clariant announced that the company’s Catalysts business inaugurated a new services and support office in Jubail, Kingdom of Saudi Arabia.
India’s state-run Hindustan Petroleum Corp plans to shut some secondary units at its Mumbai and Vizag refineries in the current fiscal year in order to be able sell Euro-VI compliant fuel
India has increased the cost estimate of a giant refinery and petrochemical project to be jointly built with Saudi Aramco and Abu Dhabi National Oil Co by more than 36%, after protests by farmers forced the relocation of the plant
An inexorable decline in spot market prices for liquefied natural gas (LNG) is pushing utilities in Japan to be more aggressive in price reviews built into traditional long-term contracts linked to oil prices
Australia, the world’s top liquefied natural gas exporter said it would consider forcing gas producers to reserve some supply for the domestic market, as it looks to cut energy bills for households and manufacturers.
Following the oil price crash in 2014, coupled with the view of an oversupplied LNG market, sanctioned volumes of new LNG supply dropped considerably between 2015 and 2017. However, throughout these stagnant years, FLNG was a bright spot in the market.
Amid strong demand for LNG in the Asia-Pacific region and the need to secure regular gas supplies on a large scale, Singapore may become a major regional hub for LNG trade.
Maintenance of aging pipelines, especially ones that are insulated and/or buried, is a major challenge, due to limited access for application of conventional nondestructive evaluation (NDE) techniques. Even when access is available, financial and time constraints mean that conventional NDE is often carried out on a sampling basis, which makes it less reliable than full coverage inspection.
A Louisiana technical college has received a $1 million donation from TC Energy to enable students to gain hands-on pipeline experience at its new “pipeline academy.”
Refineries, petrochemical and other process plants face similar challenges in daily operations, as each facility must mitigate risk, anticipate maintenance, optimize operations and minimize operational expenses.