- Global Energy Infrastructure
Online Exclusive: Advanced hydrocracking unit flow scheme optimization and integration approach to maximize refinery margins for a residue upgrading project
Africa / Asia/Pacific / Economics / Engineering & Design / Equipment / Europe / Hydrocracking / Middle East / Maintenance & Reliability / Refining
The integration of a solvent deasphalting (SDA) and hydrocracking upgrading complex provides a favorable techno-economic return for residue upgradation at relatively lower capital expenditures vs. other alternatives for a brownfield project.
The global bunker fuel market is expected to convert substantially to LNG over the next 10 years.
Gas Processing/LNG / Petrochemicals / Refining / Construction / Africa / Americas / Asia/Pacific / Europe / Middle East
Gulf Energy Information’s Global Energy Infrastructure database is tracking more than 1,150 active projects in the hydrocarbon processing industry.
Nigeria expects its four oil refineries to be operational by the end of next year, its new oil minister said, with the southern Port Harcourt plant seen starting as early as December.
The European Union is scouting Africa to back clean jet fuel projects under its Global Gateway infrastructure fund, an EU official said, ahead of an anticipated boom in demand for environmentally sustainable air travel.
The global market is anticipated to have a steady CAGR of 4.2% during the period from 2023 to 2033. The overall market size is predicted to expand from $59.4 B in 2023 to $89.6 B by 2033.
Global subsidies for fossil fuels rose by $2 T over the past two years to reach a record $7 T in 2022, according to new estimates from the International Monetary Fund.
Biofuels / Africa / Americas / Asia/Pacific / Economics / Engineering & Design / Europe / Middle East
The Global Center for Maritime Decarbonization found net carbon emissions fell 20% using a vegetable oil biofuel blend compared with very low sulfur fuel oil in a trial for a dual-fuel LPG carrier, the center said
Guyana’s parliament passed long-awaited oil legislation that grants the natural resources minister extensive power over its multi-billion-dollar oil industry.
The International Energy Agency said demand growth for oil next year will be slower than previously forecast, citing lackluster macroeconomic conditions, post-pandemic recovery running out of steam and burgeoning use of electric vehicles.
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Construction Boxscore: Project Spotlight
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