Natural Gas
Enhancing refinery profitability with a novel offgas conversion technology
The refining industry is challenged every day to optimize product slates that comply with market demand, product specifications, environmental regulations and refining-petrochemical integration, all while remaining profitable.
Energy losses from the radiant firebox wall of pyrolysis furnaces
The steam cracking unit is highly energy demanding, requiring high-severity pyrolysis furnaces to break the carbon-carbon bonds, as well as high pressure for the purification of its products.
Industry Metrics
US refining margins showed slight gains on the top of the barrel as a result of cold weather-related refinery outages, rebounding slightly from the previous month.
Optimize LNG production through contaminant mitigation—Part 2
The production of liquefied natural gas (LNG) requires a number of stages to effectively purify the feed gas. These stages are essential to maintain continuous operation and to meet product specifications. Liquid and solid contamination issues are common in many feed gas purification operations and can cause severe problems with equipment fouling, leading to additional expenses in maintenance and equipment repair, reduced production capacity and even unscheduled shutdowns.
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.
Industry Metrics
Record low temperatures in the eastern US strengthened the diesel market but extended the downward trend in refining margins.
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.
Industry Metrics
US product markets improved, supported by higher export opportunities amid unexpected refinery outages.
Business Trends: The future of LNG—Part 1
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 across the world. Millions of tons of new LNG import and export capacity have commenced operations, with hundreds of millions of tons still under development.
Industry Perspectives: New gas processing/LNG project announcements increase for the first time in three years
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, nearly 800 new projects have been announced since 2015. Over the past few years, new project announcements have decreased each year. However, the rate of decline has slowed over the past year.
- Pengerang Terminals to provide storage and handling facilities for biorefinery feedstocks and products 7/31
- Indian state refiners pause Russian oil purchases 7/31
- PBF Energy partially restarts Martinez (U.S.) refinery, posts smaller-than-expected quarterly loss 7/31
- Key Asian fuel exporters boost jet fuel sales to Europe in July 7/31
- Vopak to expand biofuels storage capacity in Malaysia terminal JV 7/31
- China's Shandong Yulong Petrochemicals to invest > $16 B to incorporate petrochemicals production at Yantai refinery 7/30
