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The illusion of accuracy in analyzing plant failures

8/7/2024

was not part of the affected materials in the 2nd Ed. and was included in the latest revision. Another...

What is API 6DX and what does it mean for the energy industry?

9/12/2025

of the standards as well as details on the latest requirements and documentation that can be expected...

Executive Q&A viewpoint

10/1/2016

prices on the global LNG market? How will it affect US LNG export projects? Davison. Buyers... for the second wave of projects. GP. What actions or activities might help energy prices to recover... between OPEC and others could certainly have the greatest and quickest impact to oil prices, but it’s anyone’s guess as to the likelihood of that occurring anytime soon. For US natural gas prices...

Small-scale methanol technologies offer flexibility, cost effectiveness

9/30/2015

a number of advantages. The first advantage is that methanol prices track those of oil (Fig. 2... as it is in the US. Fig. 2. North American methanol and oil prices move together, and natural gas... plants. Although oil prices have dropped quickly and significantly since this study was commissioned... and low natural gas prices in North America have attracted a wide range of investors, including oil...

Combine gas and coal feedstocks to displace high-cost oil

10/1/2014

problems. Demand substitution Sometime around 2003, the prices of global energy feedstock (i.e..... Then, starting in 2005, for the first time in modern history, crude oil prices on an energy-equivalent basis left natural gas and coal prices behind, and began increasing disproportionately (Fig. 1). Fig. 1. Past feedstock prices in constant 2011 dollars. Source: US EIA. Perturbations caused...

Gas Processing News

10/1/2018

price at Henry Hub and to regional prices. Natural gas production in the Permian Basin has also grown... production. Like the Appalachian Basin, natural gas in the Permian trades at lower prices relative... of recovering crude oil prices, which have generally increased since early 2016. Together, the Haynesville... Russia to bypass Ukraine. Disputes between Russian gas firm Gazprom and Ukraine over gas prices...

The Bakken shale’s good news for gas processors

6/1/2015

) Bakken shale play tops 1 Bcfd amid falling crude oil prices, some upstream developers show early indications of moving their focus away from oil and toward more natural gas—which is good news for gas.... Ironically, the downturn in oil prices has increased the company’s business flow. According to Greyrock, low oil prices and upstream capex reductions have driven activity in early 2015 to outpace all...

Editorial Comment

8/1/2021

regulations are encouraging the use of small-scale LNG as a bunker fuel. Despite sustained low oil prices...

Editorial Comment

10/1/2020

difficult due to low LNG spot prices amid an ongoing LNG supply glut. As of mid-2020, five operating FLNG...

Boxscore Construction Analysis

4/1/2015

. Low oil prices have caused many companies to rein in their spending and have pushed down oil-indexed Asian LNG spot prices. Also, competition for market share from LNG projects in the US and elsewhere... for the second time, due to high construction costs in the midst of low oil prices, which are hurting the Malaysian energy giant’s bottom line. However, if oil prices recover, there is a good chance...

Western Canada welcomes expanding gas supply, processing capacity

8/1/2015

oil price levels that have impacted propane and ethane values. When oil prices bounce back to more typical levels, where the value of oil lifts prices for propane and butane, then gas processing... Solomon Associates. “When oil prices were down in the $40/bbl range, the low price definitely had..., conditioning and processing will be needed in some regions that have high hydrogen sulfide content...

Retrofit an LPG plant for improved output and ethane recovery

6/1/2015

force Egyptian petrochemical companies to import their feedstocks at high prices due to high... to provide the heat required for fractionation and reduce methane content in the bottom product. ER... basing the approximated cost on factors other than current prices. If the known cost of a piece of equipment is based on 1998 prices, for example, this cost must be multiplied by the ratio...

Industry Perspectives

8/1/2018

of global LNG prices after 2020. Japan insists that the signing of new long-term contracts with global LNG... producers oppose the practice of tying the cost of LNG to oil prices, which is favored by Japan... to the Japanese market, where it will be able to sell its LNG at lower prices than those proposed... situations. The cost of LNG supplied to Asia has been traditionally tied to oil prices, while prices...

Executive Q&A viewpoint

6/1/2015

affected the GTL market? Miller. The reduction in oil prices has impacted the economy as a whole, from... despite the lower oil prices due to these higher product margins. Additionally, the GTL business has... in a generation of valuable products that are less sensitive to oil prices. Furthermore, environmental drivers to reduce emissions can also support GTL production that is less sensitive to oil prices...

Gas processing news

9/30/2015

-how and experience to develop the LNG carrier, using the latest shipbuilding technology available...