http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2024/07/us-seeks-up-to-45-mmbbl-for-strategic-petroleum-reserve/ The U.S. Department of Energy (DOE) said on Wednesday it is offering to buy up to 4.5 MMbbl of oil to help replenish the Strategic Petroleum Reserve (SPR), though oil prices are now higher than the target price it wants to make such purchases. http://hydrocarbonprocessing.com/news/2024/07/oryx-group-signs-lease-to-operate-curacaos-oil-terminal/ A unit of Hong Kong-headquartered energy firm Oryx Group has reached an agreement with Curacao's refinery to lease and operate storage facilities on the Caribbean island for 30 yr. 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/blaze-put-out-at-russian-oil-reservoir-after-ukrainian-drone-strike/ A Ukrainian drone attack caused a fire to break out at an oil reservoir for Russia's Druzhba pipeline in the Tambov region southeast of Moscow on Friday, but the blaze was extinguished within hours. http://hydrocarbonprocessing.com/magazine/2024/june-2024/tanks-terminals-and-storage/thermal-inbreathing-rates-due-to-vapor-condensation-in-storage-tanks-a-simplified-approach/ Storage tanks filled with condensable vapors can be damaged due to sudden heavy rain if the venting devices are inadequate. http://hydrocarbonprocessing.com/news/2024/06/consortia-target-citgos-texas-refinery-as-auction-deadline-looms/ Citgo Petroleum's smallest and least profitable oil refinery has been thrust into the spotlight as a potential breakout candidate ahead of next week's court auction to pay over $20 B in Venezuela-related claims. http://hydrocarbonprocessing.com/news/2024/06/singapores-middle-distillates-stocks-edge-up-as-net-exports-dip/ Singapore's middle distillates stockpiles edged up 0.4% this week, tracking lower net exports of diesel/gasoil and jet fuel/kerosene and continuing imports from key regions such as China, India and Saudi Arabia. http://hydrocarbonprocessing.com/news/2024/06/consortium-signs-mou-for-the-development-of-a-green-methanol-facility-in-egypt/ AD Ports Group, Transmar and Orascom Construction have signed a Memorandum of Understanding (MoU) for the development of a green methanol storage and export facility in Egypt. http://hydrocarbonprocessing.com/news/2024/06/goldman-sachs-global-lng-market-to-grow-by-50-by-2029/ Growth in oil investment shows signs of peaking in non-OPEC countries, while investment in liquified natural gas (LNG) is expected to increase more than 50% by 2029, according to Goldman Sachs Research. http://hydrocarbonprocessing.com/news/2024/05/neste-expands-its-sustainable-aviation-fuel-supply-capabilities-in-europe-in-partnership-with-vtti/ Neste has further expanded its capability to supply sustainable aviation fuel to customers in Europe in cooperation with VTTI, a global leader in energy storage and developer of energy infrastructure.