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Petrochemical

Motiva Enterprises LLC has signed Memorandums of Understanding (MOUs) with TechnipFMC and Honeywell UOP, respectively, to study potential petrochemical projects utilizing each company's technology. more

Refining/Petrochemical

At least 14 million tonnes of additional petrochemical capacity of natural gas-derived chemicals including ethylene, propylene and methanol is expected to come online from 2018 through 2023. more

White Papers

...When I attended the National Ocean Industries Association's annual meeting this spring... I also recognized women making their mark on today's industry in bold new roles, serving in high-level leadership positions that were once unthinkable. more

Training & Human Resources

Total, Borealis and NOVA Chemicals have received all regulatory approvals and have closed on their joint venture, which plans to build a petrochemical project on the US Gulf Coast, the companies announced. more

Midstream

In today's petrochemical market, producers and EPCs face mounting pressure to control and decrease costs. With the recent influx of new construction and expansion projects, a potential manpower shortage will impact project timelines and expenses. more

Engineering, Procurement & Construction

BIC Magazine recently spoke to AFPM President Chet Thompson to discuss refining and petrochemical industries' progress and hot topics. more

Refining/Petrochemical

Over the next two years, EIA's "Short-Term Energy Outlook" projects growth in U.S. consumption of ethane in the petrochemical industry will exceed increases in consumption of all other petroleum and liquid products combined. more

Refining/Petrochemical

Petrochemical businesses often purchase equipment as an investment for tomorrow. However, owning rather than leasing can be a cost that doesn't pay off over time. Renting, over time, helps control cost and save money. more

Plant Management & Operations

Total, Borealis and NOVA Chemicals announced that affiliates of the three companies have signed definitive agreements to form a joint venture in petrochemicals on the U.S. Gulf Coast. more

Engineering, Procurement & Construction

Successful turnarounds require the safe completion of all tasks – which means that safety has to be everyone’s responsibility. To ensure total commitment to safe turnarounds, every process and safety team member should be involved at every phase. more

Health, Safety & Environmental

We’re producing oil in the United States, and a lot of this production is light, sweet crude. more

Drilling & Exploration

OPEC has raised its forecast for oil supply from non-member countries in 2018 as higher prices encourage U.S. shale drillers to pump more, offsetting an OPEC-led deal to clear a supply glut and a deepening plunge in Venezuelan production. more

Refining/Petrochemical

Many facilities don't have a structured, ongoing hose maintenance program. OnGuard, provides a hose management solution tags the asset, tracks when the system goes into service, and alerts the facility when service or replacement is necessary. more

Maintenance & Reliability

EIA’s January Short-Term forecasts Brent crude oil to average $60/b in 2018 and $61/b in 2019, slightly higher than the $54/b average in 2017. Because crude oil prices are expected to be relatively flat through 2019, U.S. gasoline prices are also exp more

Refining/Petrochemical

EIA Figure 1. Wst Texas Intermediate (WTI) crude oil price

Source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2018, and CME Group

The price of Brent crude oil averaged $54/barrel (b) in 2017, an increase of $10/b from 2016. EIA’s January Short-Term Energy Outlook forecasts Brent to average $60/b in 2018 and $61/b in 2019. In both 2018 and 2019... more

Refining/Petrochemical

Murray Industries is disappointed that the FERC has failed to enact the immediate reforms necessary to ensure the reliability, resiliency, and fuel security of our Nation's electric power grids. more

Refining/Petrochemical

Enterprise Products Partners L.P. announced that the partnership plans to expand its butane isomerization facility at its complex in Mont Belvieu, Texas. This expansion is supported by long-term agreements to provide butane isomerization, storage... more

Midstream

EIA graph

Source: U.S. Energy Information Administration, Form EIA-860M, Preliminary Monthly Electric Generator Inventory

Nearly all of the utility-scale power plants in the United States that were retired from 2008 through 2017 were fueled by fossil fuels. Of the total retired capacity, coal power plants and natural gas steam turbines accounted for the highest... more

Power Generation

In late 2016, the difference between U.S. average retail prices for premium and regular gasoline reached 50 cents per gallon. This price spread has been generally expanding since 2000, and the rate at which the spread has grown has accelerated... more

Refining/Petrochemical

When the administration of U.S. President Donald Trump proposed new subsidies for coal and nuclear plants, it seemed like an obvious way to deliver on campaign promises to boost the nation’s energy industry. more

Refining/Petrochemical

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