Economics
Editorial Comment: The future of refining—sulfur need not apply
According to multiple industry reports, crude oil consumption will continue to increase over the short term.
Demolition of a refinery—a site exit with many winners
The demolition of a refinery site is a complex, large-scale project.
Upgrading the bottom of the barrel
In the past few decades, new technologies, including both carbon rejection methods and catalytic conversion methods, have emerged.
The future of LNG—Part 2
Over the past several years, new gas processing/LNG capacity has surged in nearly every region. Growth on both the supply and demand sides has resulted in the announcement of billions of dollars of capital investment around the world. Millions of tons of new LNG import and export capacity have begun operations, with hundreds of millions of tons still under development.
Industry Metrics
Record low temperatures in the eastern US strengthened the diesel market but extended the downward trend in refining margins.
Business Trends: The impact of industrial analytics on the chemical industry
The opportunities for industrial analytics within the chemical industry, and how advances in machine learning can impact revenue, operations, employee safety and capital investments, are analyzed here.
Digital: Fulfilling the promise: The next phase of asset performance management
As asset performance management (APM) continues to evolve, the introduction of new methods and cutting-edge technologies are rapidly increasing its bottom-line value. Cloud computing, data science and machine learning are among the technologies that are now being integrated with automated methodologies directly into APM solutions. As a result, operators and engineers now have advanced analytical capabilities at their fingertips.
Tanzania increases fuel prices due to rising crude costs
DAR ES SALAAM (Reuters) — Tanzania's energy regulator raised the maximum price for petrol, diesel and kerosene on Wednesday, citing rising international crude oil prices.
Industry Metrics
US product markets improved, supported by higher export opportunities amid unexpected refinery outages.
Business Trends: The future of LNG—Part 1
Over the past several years, new gas processing/LNG capacity has surged in nearly every region. Growth on both the supply and demand sides has resulted in the announcement of billions of dollars of capital investment across the world. Millions of tons of new LNG import and export capacity have commenced operations, with hundreds of millions of tons still under development.
- Dow, Ambipar partner to promote plastics recycling in South America 11/26
- Hygenco selects Topsoe as technology provider for green ammonia production 11/26
- IAG announces new E-SAF deal with Infinium, remains on track to deliver 2030 target 11/26
- Aviation sector officials warn of Trump effect on green jet fuels 11/26
- Russia's oil and gas revenue down by a third in November m/m 11/26
- Contentious COP29 deal shows climate cooperation fraying at edges 11/26
