Natural Gas
US shale gas elevates petrochemical markets
The development of horizontal drilling and hydraulic fracturing technologies has led to the rapid exploitation of US shale gas resources. This increase in shale gas production has led to a change in the US energy mix.
HP Editorial Comment: What is the future for hydrocarbons and their prices?
Have we reached peak oil, again? No; the naysayers have predicted peak oil five times already, and innovative technologies continue to overcome previous barriers and to find new methods of developing ..
HP Gas Processing: Panama Canal expansion to give major boost to US gas trade
LNG exports are slated to increase from several approved and proposed US projects, and US NGL exports are poised to quadruple by 2020, if the planned expansion of the Panama Canal cuts shipping costs to Asia.
HP Boxscore Construction Analysis: 2014 global construction outlook—Part 2
According to Hydrocarbon Processing’s HPI Market Data 2014, total capital spending is estimated to exceed $77 B. Part 2 of this outlook examines notable construction activities in Africa, Europe, Latin America and the Middle East.
HP Industry Perspectives: It is not dirty oil, just oil with dirt in it
There are an estimated 8 trillion bbl of heavy oil reserves located throughout the world, as shown in Fig. 1. The quest now is how to cost-efficiently bring these reserves of “dirty oil” to ..
HP News
 Irving Oil refinery begins $60-million turnaroundA major turnaround is underway at Irving Oil’s refinery in Saint John, Canada. It began in early March and is expected to last until mid-Ap..
HP Petrochemicals: Rail safety becoming key issue for US, Canadian producers
The first five years of the modern shale revolution have been a boon for petrochemical producers throughout North America. While proposed energy exporters must go through lengthy approval processes an..
HP Gas Processing: US midstream expansion hits Utica shale
Significant expansion is planned for the midstream oil and gas sectors in 2014, following a 263% increase in midstream capital spending to $46.4 billion (B) in 2013, according to Deloitte.1 A five-yea..
HP Boxscore Construction Analysis: 2014 global construction outlook—Part 1
According to Hydrocarbon Processing’s HPI Market Data 2014, total capital spending in the hydrocarbon processing industry (HPI) is estimated to exceed $77 billion (B). This amount includes invest..
HP Viewpoint: Sound energy policy needed to support 21st century economy
The shale energy revolution has overturned every assumption we once held about the US long-term energy outlook. Thanks to technological advances in hydraulic fracturing and horizontal drilling, we hav..
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
