Natural Gas
Europe: Russian petrochemicals industry on the verge of large-scale growth
The Russian government has announced its plan to increase the volume of support for its domestic petrochemicals industry over the next several years, with the aim of doubling its production and boosting exports, according to Russian Minister of Energy Alexander Novak and the press service of the Russian Presidential Administration.
Industry Metrics
US refinery margins saw losses as product stocks rose, pressured by seasonally lower gasoline demand and subdued heating oil requirements.
Editorial Comment: The materials that advance modern life
Refineries and petrochemical plants contain some of the harshest environments on the planet.
Welded plate heat exchangers cut refinery process costs—Part 1
Plate and frame (P&F) heat exchangers were first manufactured 100 yr ago for use in the dairy industry.
Global Project Data
<i>Hydrocarbon Processing’</i>s Construction Boxscore Database is tracking more than 1,300 active projects in the hydrocarbon processing industries worldwide.
Editorial Comment: IRPC EurAsia—A roadmap to advancing ideas
According to the editors of <i>Hydrocarbon Processing,</i> the downstream processing industry will witness substantial growth in new refining, petrochemical and gas processing/LNG capacities over the next several years.
Industry Metrics
US markets weakened despite positive performance at the middle of the barrel due to considerable gasoil and jet/kero inventory drawdowns.
Industry Perspectives: What challenges will 2019 bring to the global HPI?
In the December 2018 issue of <i>Hydrocarbon Processing,</i> we detailed our editorial opinion on the most likely route that shippers will take to adhere to new International Maritime Organization (IMO) sulfur regulations.
Industry Perspectives: IMO 2020—What is your say?
In 2020, new International Maritime Organization (IMO) marine fuel regulations will go into effect.
Editorial Comment: HPI spending in 2019 forecast at $375 B
Regulations, feedstock advantages, supply/demand gaps, etc., are resulting in a surge of new capital investments around the world.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
