Nichols, Lee
Editorial Comment: Adopting digital technologies to enhance operations
What is the future of refining and petrochemical operations? One trend that has been the focus of many articles, whitepapers and conference presentations is the digital transformation of the hydrocarbon processing industry (HPI).
Editorial Comment: Processing a sustainable future
An emerging topic along the entire oil and gas value chain is the move toward <i>sustainability.</i> Each company has a somewhat different definition of what sustainability means to its operations.
Onsite
Construction
Equatorial Guinea plans to invest $1 B to build several energy projects, including the construction of two new refineries, each with a capacity of 30,000 bpd–40,000 bpd, as well as oil storage facilities, a methanol-to-gasoline plant and an LNG expansion project.
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 1,430 projects around the world, representing nearly $1.9 T in capital expenditures.
Industry Perspectives: Petrochemicals surge despite possible future roadblocks
Over the past several years, investments in petrochemicals capacity additions have skyrocketed. Hundreds of billions of dollars have and will be invested in additional petrochemicals units and complexes.
Industry Perspectives: New project announcements surpass 400 in 2019
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, more than 400 new projects have been announced in 2019. The total represents a 25% increase in new project announcements year-over-year.
Editorial Comment: HPI spending forecast to reach nearly $440 B in 2020
As the hydrocarbon processing industry (HPI) moves into the next decade, three regions will be the leaders in new capital construction—Asia, the Middle East and the U.S.
Construction
Total plans to take a final investment decision (FID) on the Nigeria LNG expansion project by the end of this year. If greenlighted, the 7-MMtpy LNG train would increase the Bonny Island LNG terminal’s capacity to nearly 30 MMtpy. If built, Train 7 is expected to be operational by 2023.
Industry Perspectives: There’s still time to vote for the best!
The nominees for the 2019 Top Project awards are out. Using <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, the editors have identified nine projects that are anticipated to significantly impact the global or regional downstream industries.
- Equinor selects Aker for Mongstad refinery upgrade project 5/1
- Australian researchers testing SAF production from landfill gases 5/1
- ACC responds to U.S. EPA's final risk management rule for methylene chloride 5/1
- Topsoe awarded contract to support FEED study for new low-carbon ammonia plant in Louisiana (U.S.) 5/1
- ClearSign Technologies receives burner contract for California (U.S.) refinery 5/1
- Traders scramble for U.S. storage as distillates demand disappoints 5/1
