http://www.hydrocarbonprocessing.com Hydrocarbon Processing Container shippers hedging green transition with dual-fuel vessel orders http://hydrocarbonprocessing.com/news/2024/11/container-shippers-hedging-green-transition-with-dual-fuel-vessel-orders/ Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around the globe. Lukoil to launch gas chemical complex, gas processing unit in Stavropol in 2029 http://hydrocarbonprocessing.com/news/2024/11/lukoil-to-launch-gas-chemical-complex-gas-processing-unit-in-stavropol-in-2029/ PJSC Lukoil plans to commission a gas chemical complex (GCC) and a gas processing unit (GPU-2) at its Stavrolen facility, a 100% subsidiary of Lukoil in Budyonnovsk, Stavropol region, by 2029. Utilize a process simulation digital twin to optimize condensate yield http://hydrocarbonprocessing.com/magazine/2024/october-2024/digital-technologies/utilize-a-process-simulation-digital-twin-to-optimize-condensate-yield/ With the aim to maximize profit, and contribute to sustainability targets by reducing greenhouse gas emissions, ADNOC Sour Gas has optimized condensate hydrotreater operation by adjusting Reid vapor pressure, which resulted in maximizing condensate yield. This article is a case study on using a process digital twin to optimize condensate yield. Shell's $6-B profit smashes forecasts as LNG offsets weak refining http://hydrocarbonprocessing.com/news/2024/10-1/shells-6-b-profit-smashes-forecasts-as-lng-offsets-weak-refining/ Shell reported on Thursday 3Q profits of $6 B that exceeded forecasts by 12% as higher liquefied natural gas (LNG) sales offset a sharp drop in oil refining and trading results. Refiner Phillips 66 reports 3Q profit beat on midstream, chemicals strength http://hydrocarbonprocessing.com/news/2024/10-1/refiner-phillips-66-reports-3q-profit-beat-on-midstream-chemicals-strength/ Phillips 66 beat quarterly profit estimates on Tuesday as strength in its chemicals and midstream segments helped the refiner more than offset a slump in refining margins from lackluster fuel demand. BCCK and Carbon Clean sign agreement to deliver carbon capture solutions across U.S. http://hydrocarbonprocessing.com/news/2024/10-1/bcck-and-carbon-clean-sign-agreement-to-deliver-carbon-capture-solutions-across-us/ BCCK and Carbon Clean will collaborate to provide Carbon Clean’s semi-modular CaptureX technology to customers across the U.S. Technip Energies and KBR selected for a major LNG project by Lake Charles LNG http://hydrocarbonprocessing.com/news/2024/09/technip-energies-and-kbr-selected-for-a-major-lng-project-by-lake-charles-lng/ Lake Charles LNG has awarded a JV between Technip Energies and KBR an engineering, procurement, fabrication and construction contract for its 16.45-MMtpy LNG export terminal in Louisiana (U.S.). U.S. Gulf Coast LNG export plants, refineries, production facilities brace for Francine http://hydrocarbonprocessing.com/news/2024/09/us-gulf-coast-lng-export-plants-refineries-production-facilities-brace-for-francine/ Tropical Storm Francine was intensifying and on track to become a hurricane on Tuesday, the U.S. National Hurricane Center said, prompting Louisiana residents to flee inland and oil and gas companies to shut-in Gulf of Mexico production. Key China energy indicators to track for the rest of 2024 http://hydrocarbonprocessing.com/news/2024/08/key-china-energy-indicators-to-track-for-the-rest-of-2024/ Slower consumption in China spurred the Organization of the Petroleum Exporting Countries (OPEC) to cut estimates for global oil demand growth this week, highlighting the vital role that the world's second largest economy plays in energy markets. bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth http://hydrocarbonprocessing.com/news/2024/07/bp-energy-outlook-two-main-scenarios-see-2025-oil-peak-rapid-renewables-growth/ bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.