Americas
CB&I lands $70M in US contracts for LPG storage
"CB&I has been providing work for large scale projects associated with these customers for the last three years," said Luke Scorsone, president of CB&I's fabrication dervices operating group.
Central America: A downstream outlook to 2020
Due to the growth in the region’s middle class, Latin America has seen tremendous petroleum products demand growth over the past decade.
Determine fouling margins in tubular heat exchanger design
Fouling, which is caused mainly by the deposition and accumulation of an undesired layer of solids on a heat transfer surface, is very common in tubular heat exchangers.
Improve refinery flexibility and responsiveness
The hydrocarbon processing industry (HPI) has changed significantly with an abundance of available discounted crude oils, a rise in markets served beyond the traditional local or regional demands, and a renewed focus on being both competitive and profitable while complying with ever-changing regulations.
HP Business Trends
To satisfy its growing refined fuel demand, Latin America has relied heavily on imports from the US. Major refinery projects have been announced to curb this reliance, but the drop in crude oil prices has limited capacity expansions.
New projects decline, but backlog holds strong
Even after the recent downturn in oil and natural gas pricing, our analysis shows why downstream E&C companies can depend on a strong backlog to last through the decade.
CHS takes sole ownership of NCRA crude refinery in McPherson, Kansas
"As the nation's leading cooperative energy company, becoming the sole owner of this refinery and its related pipelines and terminals is a critical step in adding value for our member-owners and other customers," said Jay Debertin, CHS executive vice president and chief operating officer.
Sunoco enlists CB&I to expand NGL storage hub in Pennsylvania
The $300-million contract covers the engineering, procurement, fabrication and construction of the tanks used for the storage of refrigerated ethane, butane and propane (NGLs).
Analysts: North American methanol prices to recover over long-term
Fitch Ratings expects methanol's market recovery to be driven by slowly-rising energy prices, as well as growth in methanol used in fuel blending and other energy applications.
INVISTA to license Green Chem’s FCC offgas technology outside China
The process, which will be marketed as DTL process technology outside of China, is a dry-gas-to-liquids technology that allows for flexible conversion of light olefins, present in FCC offgas, into either gasoline and distillate or concentrated aromatics, significantly increasing their value.
- Borouge reaffirms commitment to local manufacturing with new industry supply agreements 1/10
- Update: Turkey's Izmir refinery now expects to restart crude unit in Feb, IIR says 1/10
- Pertamina unit to produce ISCC-certified SAF in 1Q 1/10
- WTO panel largely backs EU in palm oil case against Indonesia 1/10
- Howard Energy Partners acquires ethylene pipeline from EPIC Midstream Holdings 1/10
- U.S. to impose further sanctions on Russian oil fleet and traders 1/10
