Natural Gas
Editors’/Readers’ Choice 2014
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
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
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
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 Industry Perspectives: Oil price—How low can it go?
Oil price volatility returned with a vengeance in October amid worries of slower economic growth, weakening oil demand, an unexpected increase in Libya’s output, and an indication by Saudi Arabia..
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
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.
Manage hydrogen sulfide hazards with chemical scavengers
Hydrogen sulfide (H2S) and its associated hazards are well known in the oil and gas production and refining industries. Legislation has been in place for years, imposing strict regulations on H2S leve..
HP Automation Strategies: Virtualization in process automation systems
Virtualization involves separating an information technology (IT) resource from specific physical hardware. This is usually managed by a specialized software layer called a hypervisor, which provides ..
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