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Gas Processing/LNG

US petroleum demand surges to seven-year high

According to API’s November monthly statistics report, total US petroleum deliveries increased 1.9% from November 2013 to average 19.9 MMbpd, the highest level for the month in seven years.

Survey: US supports expanding gas infrastructure

An even larger number, three-quarters of respondents, agreed that the development of natural gas is driving economic growth in the US, underpinning the support for infrastructure development.

Editors’/Readers’ Choice 2014

Hydrocarbon Processing Staff: Romanow, Stephany  |  DuBose, Ben  |  Blume, Adrienne

According to Hydrocarbon Processing’s Construction Boxscore Database, over $1.143 trillion in announced global projects are at various stages of development. Using the Boxscore Database, HP editors identified 12 projects that will have the highest impact to the global or regional downstream industry. HP readers voted online to select the top project in each category.

HP Gas Processing: Rocking the LNG boat: FLNG projects get liquefaction off the ground

Hydrocarbon Processing Staff: Blume, Adrienne

Floating LNG (FLNG) projects have been receiving much attention recently as a flexible, alternative solution to onshore LNG projects. A review of major planned and under-construction floating liquefaction projects shows how the technology is gaining ground around the world.

HP Viewpoint: US shale revolution set to spill over into downstream

Deloitte LLP: England, J.
Deloitte Services LP: Mittal, A.

The US shale boom is rapidly changing from an upstream story to a broader energy evolution with increased margins migrating to midstream and, more particularly, to downstream. In downstream oil, disco..

HP Forecast: 2015 downstream forecast reaches all-time high

Hydrocarbon Processing Staff: Romanow, Stephany  |  DuBose, Ben  |  Blume, Adrienne

In 2015, the HPI’s capital, maintenance and operating budgets are expected to exceed $324 B. Global announced project spending continues to surge to satisfy increasing demand for petroleum products.

HP Industry Metrics

Oil prices continued their downward plunge throughout October and into early November. The decline is due to bearish market fundamentals accompanied by a strong US dollar. Saudi Arabia is not expected..

HP News

DOE study examines impacts of US LNG exports The US Department of Energy’s office of Fossil Energy (DOE/FE) recently completed a study on the impact of exporting LNG on the US energy market. Ther..

Globally, the HPI is building new capacity

Hydrocarbon Processing Staff: Romanow, Stephany

The HPI continues to expand to meet increasing demand for energy, transportation fuels, and petrochemical-based consumer products. As confirmed by HP’s HPI Market Data 2015 forecast, numerous construction projects are under various stages of development for the refining, petrochemical and gas processing/LNG industries.

CB&I to build hydrogen plant for Kansas refinery

The project scope includes the engineering, procurement, fabrication and field construction of a 22 million standard cubic feet/day hydrogen plant at its refinery in Coffeyville, Kansas.