Natural Gas
Industry Metrics
Refinery margins in the U.S. Atlantic basin rebounded. Deeper refinery intake cuts, as well as the low feedstock price environment, helped offset unappealing demand-side signals.
Improve the safety and efficiency of natural gas sweetening units
After natural gas is extracted from onshore and offshore sites, it must be transported and processed.
Industry Metrics
Refinery margins came under added pressure, affected by the downturn in product consumption inflicted by COVID-19 pandemic lockdowns.
Business Trends
Rovuma LNG, a JV comprised of ExxonMobil, Eni and China National Petroleum Corp., will likely delay its final investment decision (FID) on the group’s $30-B Mozambique LNG project.
Octane enhancement avoiding both high reformer severity and alkylation
An innovative refinery process arrangementa converts butane-rich, light paraffinic streams—preferably containing a high proportion of isobutane—into butylene by dehydrogenation.
Variable capacity control technology facilitates efficient operation for reciprocating compressors
Reciprocating compressors are used extensively in refinery and petrochemical operations to keep feedstocks and products moving through miles of piping.
Improving plant operations with control valve simulations
In today’s business climate, where project budgets and schedules are under cost and time pressures (and where installed valve applications must perform reliably under increasingly severe conditions), valve simulations are enabling new capabilities.
Design of very-high-flow coefficient centrifugal compressor stages
Centrifugal compressors are widely used in the oil and gas and petrochemical industries, with more than 15,000 operating in the U.S. alone.
Industry Metrics
High product inventory levels and weak heating oil demand continued to weigh on U.S. refining economics. European product markets, except gasoil, exhibited positive performance backed by firm exports and heavy turnarounds in the Middle East.
Construction
Nigeria LNG (NLNG), a consortium comprised of Nigerian National Petroleum Corp. (NNPC), Shell, Total and Eni, has greenlighted the expansion of the Bonny Island LNG terminal.
- CLG and INA successfully produce SAF from biogenic feedstock 7/29
- HAMR Energy announces plans for Australia’s first major methanol-to-jet fuel facility 7/29
- Johnson Matthey’s tech enables successful start-up of the world’s largest single-train methanol plant 7/29
- Clariant and Shanghai Boiler partner to develop green methanol/ammonia and SAF projects in China 7/29
- China ramps up exports of refined fuels as margins rise 7/29
- Baker Hughes to acquire Chart Industries for $13.6 B 7/29
