Natural Gas
Industry Metrics
Stronger demand and falling inventories allowed US gasoil cracking spreads to recover, while gasoline was supported by outages.
Industry Metrics
US margins fell due to the slowing of domestic gasoline demand, as the driving season ended amid high inventories.
Amec Foster Wheeler wins contract for steam reformer heater in Egypt
Amec Foster Wheeler has been awarded a contract by The National Company for Fertilizers & Chemicals to supply material and detailed engineering for a steam reformer heater for its fertilizer facility in Alexandria, Egypt.
Ceramic-based conversion produces clean, low cost chemicals from natural gas.
A team of scientists from CoorsTek Membrane Sciences, the University of Oslo (Norway), and the Instituto de Tecnología Química (Spain) has developed a new process to use natural gas as raw material for aromatic chemicals.
Canada unveils carbon price, energy-producing provinces unhappy
Canada's federal government vowed to bring in a minimum price on carbon emissions by 2018.
Industry Metrics
US gasoline demand contributed to falling inventories. Operational problems at several refineries and the potential impact of a tropical storm strengthened margins.
Much of 2017’s oil demand growth may bypass refineries
US shale gas may displace a growing portion of the world's expanding energy demand, cutting into the need for oil products from refineries.
Federal Reserve proposes new limits on Wall Street energy bets
The Federal Reserve outlined a plan to limit Wall Street bets on the energy sector by forcing companies like Goldman Sachs and Morgan Stanley to hold more capital against such investments.
Enterprise begins service at new ethane export terminal
Enterprise Products Partners’ first cargo of ethane to be exported from Enterprise’s Morgan’s Point, Texas terminal has been loaded.
Industry Metrics
European refining margins rose as refineries completed maintenance and recovered from the negative impact of the France strikes.
- Essar launches hydrogen power plant at Stanlow refinery (U.K.) 7/16
- Trelleborg partners with Airbus on hydrogen-powered air travel 7/16
- Neste, Mitsubishi Corporation agree on strategic partnership to develop supply chains for renewable chemicals and plastics 7/16
- Vale, Komatsu and Cummins announce collaboration to develop dual-fuel large trucks, powered by ethanol and diesel 7/16
- Mexico–U.S. energy trade value fell in 2023 on lower fuel prices 7/16
- Belarus' Mozyr oil refinery restoring operations after outage due to storm 7/16
- 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