Gas Processing/LNG
CERAWeek '17: Gas execs, analysts discuss Asian LNG market reforms
HOUSTON—At a Wednesday morning breakfast panel discussion at CERAWeek by IHS Markit, executives from Asian and US LNG companies, as well as analysts and government strategists, spoke about the state of the Asian LNG market and how reforms should be implemented.
People
Linde Engineering North America (LENA) has appointed Jason Cooper as President and CEO.
Industry Metrics
The European market saw stronger domestic demand amid gasoline export opportunities to West Africa and higher volumes of naphtha and fuel oil to Asia, fed by continued strong demand in that region. After recovery from the impact of the Colonial Pipeline outage, US refinery runs have risen, mainly in the USGC, taking advantage of stronger export opportunities and ahead of the spring maintenance season.
Business Trends: Africa—Will increasing demand spark downstream capacity builds?
Over the past decade, Africa’s oil demand has increased by more than 1 MMbpd, to nearly 3.9 MMbpd. Africa’s oil production is more than double the amount it consumes, but lack of investment, failing infrastructure and inadequate refining capacity force the continent to rely on imports to satisfy increasing fuel demand.
Driving innovation in the downstream: IRPC returns to New Delhi
Gulf Publishing Company and Hydrocarbon Processing are pleased to announce that IRPC 2017 will be held April 18–20 in New Delhi.
Gastech: Advancing the role of gas and LNG in the global energy mix
Gastech is the largest and most important business and technology event for the natural gas and LNG sector, creating a global platform to address and discuss the latest challenges faced in Asia and on a wider international scale.
Industry Metrics
European refinery margins weakened due to slower gasoline export opportunities, despite the colder weather.
Mitigate CO2 emissions from industrial plants by conversion to fuels
An economical commercial process is necessary to provide an incentive for the utility industries to engender win-win support for government regulations on carbon dioxide (CO2) emissions.
GE O&G '17: Snam CEO foresees LNG boost from 30 new markets
FLORENCE, ITALY—Near the conclusion of GE Oil & Gas' Annual Meeting 2017, Marco Alverà, CEO of Snam Group, spoke on Tuesday about fueling the future with natural gas.
GE O&G '17: LNG experts discuss solutions to cut emissions, expand production
An early-afternoon panel session on LNG technology was moderated by Pablo Avogadri, Turbomachinery Solutions CMO for GE Oil & Gas.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
