Tag Archives: Hydrocarbon Engineering

The EIA reports that delays at the Panama Canal because of low water levels are causing very large gas carrier (VLGC) rates to reach record highs, increasing the cost of shipping LPG. The Panama Canal is a major energy transit point, and water levels at its crucial Gatún Lake were …

Refiners in China processed and imported record volumes of crude oil in 1H23, sourcing much of the additional crude oil runs from Russia, Iran, Brazil, and the US. These increases, sparked by China’s initiatives to ease COVID-19 mobility restrictions and reopen its economy, are a return to a more than …

Qatar’s government plans to increase LNG export capacity and natural gas production through a major expansion in the North Field, Qatar, is expected to be completed by 2028. Expanded North Field natural gas production is expected to offset declines from mature fields and will increase overall natural gas output in …

Qatar Airways has signed a deal with Shell to source 3000 t of neat sustainable aviation fuel (SAF) at Amsterdam Schiphol airport, the Netherlands. It encompasses the existing jet fuel contract with Shell at Amsterdam which will now see Qatar Airways using at least a 5% SAF blend over the …

In 2021, an average 35.5 billion ft3/d of natural gas was consumed in China, more natural gas than in any previous year. More than half of the natural gas consumed in China in 2021 came from domestic production, but China also imported record amounts of natural gas by pipeline and …

In the EIA’s January Short-Term Energy Outlook (STEO), it is forecasted that rising electricity generation from renewable energy resources such as solar and wind will reduce generation from fossil fuel-fired power plants over the next two years. The forecast share of generation for US non-hydropower renewable sources, including solar and …

Carbon fees as high as US$35/t could decrease US energy-related CO2 emissions by as much as 19% compared to 2020 levels, according to analysis from the US Energy Information Administration (EIA). In its ‘Analysis of Carbon Fee Runs Using the Annual Energy Outlook 2021’, EIA projects that these emissions would …

Eni has launched the production of alternative sustainable aviation fuel (SAF) that aims to significantly contribute to the decarbonisation of aviation in the short to medium term. Eni SAFs are produced exclusively from waste and residues, in line with the company’s strategic decision not to use palm oil from 2023. …

Ethylene has shown robust and consistent growth over the period 2015 to 2019, according to GlobalData, and is expected to increase at a healthy 2.5% compound annual growth rate (CAGR) over the decade. Asia has been the largest contributor, both in terms of demand and supply, and is likely to …

CNOOC Oil & Petrochemicals Co. Ltd (CNOOC) and Shell Nanhai B.V. (Shell) have announced the start-up by their 50:50 joint venture, CNOOC and Shell Petrochemicals Co. (CSPC), of new units to supply the Chinese market with essential petrochemicals. One new unit is the largest of its type in China, producing …