Gas Processing/LNG
HP Petrochemicals: Global PE demand growth to drive downstream expansions
According to IHS Chemical, global demand for polyethylene (PE) is expected to increase by more than 25% during the next five years, from approximately 85 million metric tons (metric MMt) in 2014, to m..
HP Boxscore Construction Analysis: Malaysia embarks on ambitious downstream transformation program
Goals include more production at offshore fields, as well as constructing downstream projects in Pengerang, Bintulu and the launch of the world’s first floating LNG vessel.
HP Industry Perspectives: Keystone XL: It is time to move forward, Mr. President
In a media call, the American Petroleum Institute (API) president and CEO Jack Gerard emphasized that it is time for the Keystone XL pipeline to move forward, and he requested urgent action by Preside..
HP Industry Metrics
Recent declines in oil pricing and the associated volatility in future pricing has created a difficult forecasting environment. Other factors are causing deviations, especially with regard to the resp..
Golar to develop Africa’s first floating LNG project located off Cameroon
Golar LNG Ltd. today announced the signing of an agreement for the development of an FLNG export project off the coast of Cameroon.
US petroleum demand surges to seven-year high
According to API’s November monthly statistics report, total US petroleum deliveries increased 1.9% from November 2013 to average 19.9 MMbpd, the highest level for the month in seven years.
Survey: US supports expanding gas infrastructure
An even larger number, three-quarters of respondents, agreed that the development of natural gas is driving economic growth in the US, underpinning the support for infrastructure development.
Editors’/Readers’ Choice 2014
According to Hydrocarbon Processing’s Construction Boxscore Database, over $1.143 trillion in announced global projects are at various stages of development. Using the Boxscore Database, HP editors identified 12 projects that will have the highest impact to the global or regional downstream industry. HP readers voted online to select the top project in each category.
HP Gas Processing: Rocking the LNG boat: FLNG projects get liquefaction off the ground
Floating LNG (FLNG) projects have been receiving much attention recently as a flexible, alternative solution to onshore LNG projects. A review of major planned and under-construction floating liquefaction projects shows how the technology is gaining ground around the world.
HP Viewpoint: US shale revolution set to spill over into downstream
The US shale boom is rapidly changing from an upstream story to a broader energy evolution with increased margins migrating to midstream and, more particularly, to downstream. In downstream oil, disco..
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