http://www.hydrocarbonprocessing.com Hydrocarbon Processing Navigating the complex LNG value chain http://hydrocarbonprocessing.com/magazine/2024/march-2024/lng/navigating-the-complex-lng-value-chain/ Throughout the last two decades, LNG technology improvements have built a global natural gas market. This globalization has led to an increase in demand, but also an increase in instability, as changing global events and the drive towards increased sustainability in energy sources have created market fluctuations from all directions. Global Project Data: Spotlight on petrochemicals http://hydrocarbonprocessing.com/magazine/2024/march-2024/trends-and-resources/global-project-data-spotlight-on-petrochemicals/ Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking more than 1,100 active projects in the hydrocarbon processing industry (HPI). Shipping industry faces fuel dilemma in bid to cut emissions http://hydrocarbonprocessing.com/news/2024/03/shipping-industry-faces-fuel-dilemma-in-bid-to-cut-emissions/ The shipping industry is increasingly pressured to decarbonize, yet the path to achieving net zero is complicated by unclear regulatory guidelines, particularly concerning the types of cleaner fuels large vessels should use, leaving players reluctant to commit to one less carbon-intensive fuel over another for their fleets, be it hydrogen-carriers methanol, ammonia, biodiesel, or LNG. A novel process for the oxidative dehydrogenation of ethane to produce ethylene and acetic acid http://hydrocarbonprocessing.com/magazine/2024/march-2024/special-focus-petrochemical-technologies/a-novel-process-for-the-oxidative-dehydrogenation-of-ethane-to-produce-ethylene-and-acetic-acid/ The authors’ company has developed a commercial chemical processa for the oxidative dehydrogenation of ethane (ODH-E). By means of a heterogeneous catalyst, ethane and oxygen are selectively converted into ethylene and acetic acid, which, after separation and purification, are provided in polymer-grade and glacial quality, respectively. PetroChina's 2023 net income up 8.3% on strong fuel, gas sales http://hydrocarbonprocessing.com/news/2024/03/petrochinas-2023-net-income-up-83-on-strong-fuel-gas-sales/ PetroChina's net profit rose 8.3% last year off record levels in 2022, as strong growth in natural gas sales and its marketing segment offset lower realized oil prices. Global LNG market will 'be tight' until 2026 - TotalEnergies CEO http://hydrocarbonprocessing.com/news/2024/03/global-lng-market-will-be-tight-until-2026-totalenergies-ceo/ The global LNG market will be tight until 2026, Patrick Pouyanne, CEO of TotalEnergies, said at a conference in Houston. TES partners with 7 large international companies to create a global e-NG coalition http://hydrocarbonprocessing.com/news/2024/03/tes-partners-with-7-large-international-companies-to-create-a-global-e-ng-coalition/ TES has entered into an MOU with other large international companies to sponsor the creation of a global coalition, the e-NG Coalition, which is exclusively dedicated to electric natural gas (e-NG or e-natural gas), also referred to as e-methane. Refined fuels and oil prices: long positions decline as distillate sales stall price rally http://hydrocarbonprocessing.com/news/2024/03/refined-fuels-and-oil-prices-long-positions-decline-as-distillate-sales-stall-price-rally/ Benchmark oil prices plateau as investors finish repurchasing bearish short positions, impacting refined fuels and U.S. natural gas with declining sales and a short covering rally, respectively. Nigeria announces reforms to lure oil and gas investment http://hydrocarbonprocessing.com/news/2024/03/nigeria-announces-reforms-to-lure-oil-and-gas-investment/ Nigeria will offer tax credits and streamline contracting processes for new oil and gas projects, the Information Minister said, in a move by Africa's top energy producer to attract much-needed investment. Saudi Aramco, UAE's ADNOC in talks to invest in U.S. LNG projects http://hydrocarbonprocessing.com/news/2024/03/saudi-aramco-uaes-adnoc-in-talks-to-invest-in-us-lng-projects/ Gulf oil giants Saudi Aramco and Abu Dhabi National Oil Company are in talks to invest in U.S. LNG projects, as they step up competition with oil majors and regional rival Qatar in the booming super-chilled gas market.