Asia/Pacific
Business Trends: Global LNG projects to compete with pipeline gas
Expanding LNG supply worldwide will continue to dominate the changing landscape of the natural gas industry and gas trade. By 2040, LNG is expected to account for more than 15% of global gas consumption, after overtaking interregional pipeline deliveries in the late 2020s.
Brazilian developments in the biofuels market
Since the 1970s, Brazil has been a world reference in automotive biofuels, especially bioethanol produced from sugarcane. In 1973, the Organization of the Petroleum Exporting Countries (OPEC) forced a sharp rise in oil prices, triggering a massive slowdown in the country’s economic growth, which had been going through what was dubbed the “economic miracle,” with growth at an average of 12% of GDP. This study gives an overview of the biofuel sector in Brazil, along with the main business challenges and opportunities in this area.
Circular economy: Getting in the door of opportunity ahead of a vanishing polymer market
Significant change is coming to the hydrocarbons industry. Up to 43% of the global conventional polymer production expected by 2040 may disappear due to circular economy (CE) initiatives. In addition, due to the growth in wind turbines and solar panels, and in lightweight composite materials in cars and planes, advanced materials waste is just beginning.
Roundtable: The skills gap: How to bridge it and how to close it
The skills gap is not a new phenomenon for the oil and gas sector. An aging workforce and increased competition for tomorrow’s technical talent have left the industry nervous about its future. On the heels of the 2019 Global Energy Talent Index (GETI), a panel of experts came together to discuss the sector’s ongoing struggle with the skills gap and what oil and gas/energy companies can do about it.
Construction
Equatorial Guinea plans to invest $1 B to build several energy projects, including the construction of two new refineries, each with a capacity of 30,000 bpd–40,000 bpd, as well as oil storage facilities, a methanol-to-gasoline plant and an LNG expansion project.
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 1,430 projects around the world, representing nearly $1.9 T in capital expenditures.
Industry Perspectives: Petrochemicals surge despite possible future roadblocks
Over the past several years, investments in petrochemicals capacity additions have skyrocketed. Hundreds of billions of dollars have and will be invested in additional petrochemicals units and complexes.
Optimization study in hydrocracker unit using simulation model
Hydrocrackers are key refinery units that convert heavy feed components into valuable lighter products. The profitability of these units is directly related to this conversion level. Conversion reactions take place in a nearly pure hydrogen environment, with the help of selective catalysts, under high pressure and high temperature. The products of the unit are separated in the fractionator section. Unconverted oil taken from the fractionator bottoms reveals the conversion performance of the unit.
A new liquid-phase isomerization process for xylene loop debottleneck and energy savings
In a typical xylene loop, C<sub>8</sub> aromatics are fractionated out of a heavy reformate C<sub>8</sub>+ aromatics stream and collected in the xylene column overhead. Then, paraxylene (PX) from the C<sub>8</sub> aromatics stream is recovered as product—usually by an adsorption or crystallization process—in the PX recovery section.
IMO 2020 stability and compatibility headaches
The year 2020 will be a mess from the fuel oil stability and compatibility points of view. The year will be price-driven, so the temptation to “cut corners” is great—meaning that a highly variable number of blend components to manufacture the fuel oil will open a “Pandora’s box” of complex and questionable fuel formulations.
- Rompetrol completes DCU project at Petromidia refinery 7/17
- U.S. SAF production forecast to eclipse 50,000 bpd by 2026 7/17
- Pertamina expects Balikpapan's CDU IV to resume later this month 7/17
- Exxon shut Joliet, Illinois, refinery after power outage 7/17
- ExxonMobil introduces Enable™ 1617 performance polyethylene 7/17
- Tribunal rejects TC Energy's $15-B claim for Keystone XL 7/17
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
