Europe
The future of LNG—Part 2
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 around the world. Millions of tons of new LNG import and export capacity have begun operations, with hundreds of millions of tons still under development.
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 1,700 projects around the world.
Industry Perspectives: HPI project announcements analysis shows decline over past 3 yr
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, more than 870 new projects have been announced since 2015.
Petrochemicals: Asia to lead growth in the aliphatic hydrocarbon solvents and thinners market
A variety of aliphatic hydrocarbon solvents and thinners are being consumed globally. Preferences for one solvent over another depend on various factors, such as solvency, evaporation rate, boiling point, viscosity and surface tension.
City of Espoo to use Neste biodiesel in diesel-powered machines
The Public Works Department at the City of Espoo has decided to use Neste MY Renewable Diesel in all of its diesel-powered machines.
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.
- AVTL to develop ammonia terminal in Pipavav, India 6/20
- Chevron seeks buyers for 50% stake in Singapore refinery 6/20
- Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict 6/20
- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
- Italy's Eni eyes new unit to manage oil refineries 6/20
- Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future 6/20
