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Construction

Army Corps of Engineers to give easement to Dakota Access Pipeline

(Reuters) -- The Army Corps of Engineers will proceed with the easement needed to complete the Dakota Access Pipeline, US Senator John Hoeven of North Dakota said in a statement on Tuesday.

Enterprise to build isobutane dehydrogenation unit in Texas

HOUSTON -- Enterprise Products Partners L.P. announced plans to construct a new isobutane dehydrogenation (“iBDH”) unit in Mont Belvieu, Texas that will have the capability to produce 425,000 tpy of isobutylene. The project, which is supported by long-term contracts with investment-grade customers, is expected to be completed in the fourth quarter of 2019. The isobutylene produced by the plant will provide the necessary feedstock to fill underutilized capacity at Enterprise’s existing downstream octane enhancement and petrochemical facilities.

GE proposes investing in Nigeria's ailing oil refineries

LAGOS (Reuters) -- General Electric Co has proposed investing in Nigeria's oil refineries, potentially convening a consortium of companies to improve capacity at the run-down facilities.

Saudi Aramco shelves $27-B refining, petrochemical project JV with Petronas

KUWAIT (Reuters) -- Saudi Aramco has shelved plans for a partnership with Malaysian state-oil firm Petroliam Nasional Berhad in a $27 billion refining and petrochemical project in the southeast Asian country, industry sources familiar with the matter told Reuters on Wednesday.

Viewpoint: Reshaping the industry toward innovation, certainty and efficiency

Fluor: Brittain, J.

It is no secret that capital costs of major projects have skyrocketed over the past decade. A July 2015 industry report noted that the average megaproject’s cost increase is 80% of its original value, with an average schedule slippage of 20 months.

Business Trends: India’s natural gas demand—a welcome sign for LNG exporters

Hydrocarbon Processing Staff: Nichols, Lee

India is emerging as the world’s new oil demand center. Complementing its thirst for crude oil, the country has the potential to become a hotbed for natural gas consumption over the next few years.

Industry Perspectives: New gas processing/LNG project announcements decline for second straight year

Hydrocarbon Processing Staff: Nichols, Lee

According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, over 1,000 new projects have been announced since 2014. Nearly half of these projects were announced in 2014, and the trend shows a steady decline in new project announcements since that time.

Sturgeon Refinery project nears completion of phase one in Canada

OTTAWA -- Phase one of the Sturgeon Refinery, which will process bitumen and produce primarily diesel fuel in Alberta, is nearing completion. The project shows that additional economic value can be generated within the province, according to a Conference Board of Canada report, “Is There Value in Adding Value?” an assessment of the Sturgeon Refinery.

Business Trends: Global refining overview—Part 4

Hydrocarbon Processing Staff: Nichols, Lee

Throughout its overview series of the global refining industry, <i>Hydrocarbon Processing</i> has provided a look at the state of the refining industry, new project developments, demand outlooks for the refining sector and the move to low-sulfur fuels. The previous sections have taken a detailed look at the refining sectors of Asia-Pacific, North America and South America. This fourth and final installment analyzes major trends in Africa, Europe and the Middle East, and offers data on planned refinery capacity additions, upgrades and grassroots facilities.

Industry Perspectives: New downstream project announcements drop 35% in 2016

According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, nearly 470 new projects have been announced in the downstream hydrocarbon processing industry over the past two years. New project announcements have fallen from 285 in 2015 to 185 in 2016. This trend analysis represents a year-over-year decrease of approximately 35%.