Natural Gas
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.
Petrofac, Tecnicas Reunidas likely to win Saudi Aramco deals
British oilfield services company Petrofac and Spain's Tecnicas Reunidas are likely to win contracts to build projects for state oil giant Saudi Aramco's Uthmaniyah and Ras Tanura plants.
Australia's gas paradox: supply crunch looms despite rich reserves
Australia is on track to become the world's biggest LNG exporter by 2019, yet faces a looming shortage at home as states restrict new drilling onshore and cash-strapped oil and gas companies cut spending.
Industry Metrics
Asia refining margins fell despite strong regional demand.
Consider post-design changes to confine a hazardous area
Hazardous area classification (HAC) is carried out while performing basic design engineering, and HAC drawings are produced as one of the deliverables.
Innovations
Appleton, an Emerson brand and a global supplier in hazardous-location electrical products, announced an expansion to the Areamaster LED series.
- Honeywell collaborates with SAF One and Tata Projects to enable sustainable aviation fuel production 1/29
- Casale and OMNI Sign MoA to jointly advance waste-to-green methanol and hydrogen technologies 1/29
- GIZ and thyssenkrupp nucera partner to advance green hydrogen and power-to-X markets in India 1/29
- IACS issues new Unified Requirement on ammonia release mitigation systems 1/29
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project 1/29
- CF Industries, POET launch low-carbon fertilizer pilot to cut ethanol production carbon intensity 1/29
