http://www.hydrocarbonprocessing.com Hydrocarbon Processing 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. http://hydrocarbonprocessing.com/news/2024/06/aramco-s-strategic-gas-expansion-progresses-with-25-b-in-contract-awards/ Aramco has awarded contracts worth more than $25 B to progress its strategic gas expansion, which targets sales gas production growth of more than 60% by 2030. http://hydrocarbonprocessing.com/news/2024/06/new-dnv-survey-highlights-oil-and-gas-sector-paradox/ The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector. http://hydrocarbonprocessing.com/news/2024/06/egypt-needs-to-import-118-b-in-fuel-natural-gas-to-end-power-cuts/ Egypt needs to import around $1.18 B worth of mazut fuel oil and natural gas to end persistent power cuts exacerbated by consecutive heat waves. http://hydrocarbonprocessing.com/magazine/2024/june-2024/special-focus-process-optimization/research-and-application-of-proprietary-cold-oil-absorption-technology-in-the-recovery-of-refinery-dry-gases/ With the increasing shortage of global energy and resources, the recovery and utilization of refinery dry gases have become important topics of concern. http://hydrocarbonprocessing.com/magazine/2024/june-2024/sustainability-and-the-energy-transition/transitioning-to-an-electrified-future/ As countries responsible for 75% of greenhouse gas (GHG) emissions set net-zero targets, oil and gas, chemicals and other energy-intensive process industries are under increasing pressure to decarbonize. http://hydrocarbonprocessing.com/magazine/2024/june-2024/trends-and-resources/global-project-data/ Spotlight on Asia http://hydrocarbonprocessing.com/news/2024/06/fossil-fuel-use-emissions-hit-records-in-2023/ Global fossil fuel consumption and energy emissions hit all-time highs in 2023, even as fossil fuels' share of the global energy mix decreased slightly on the year, the industry's Statistical Review of World Energy report said. http://hydrocarbonprocessing.com/news/2024/06/oneok-acquires-gulf-coast-ngl-pipeline-system-from-easton-energy/ ONEOK Inc. has completed its acquisition of a system of natural gas liquids (NGL) pipelines from Easton Energy for approximately $280 MM. http://hydrocarbonprocessing.com/news/2024/06/new-zealand-to-introduce-bill-to-reverse-oil-and-gas-exploration-ban/ New Zealand's government will introduce legislation to remove a controversial ban on offshore petroleum exploration to attract investment to the country's oil and gas sector.