Engineering and Construction

Majors say petrochemical diversification is essential to survival of US industry

Feb 26, 2019

More than 80% of North American energy industry executives believe that locational diversification is needed in the U.S. petrochemical market, a recent survey found.

Workforce issues, supply squeeze cracker construction costs

Feb 13, 2019

Total construction costs for a U.S. Northeast cracker project are estimated to be about $193 million higher than for U.S. Gulf Coast projects, and construction costs are up in both regions as a result of reduced supplies and skill shortages, according to...

Owners cautious about project spending in the face of uncertainty

Jan 30, 2019

Not all North American petrochemical, oil and gas projects are starting planned construction projects in 2019, as the industry begins the year with a greater level of economic uncertainty.

Strategies for integrating turnarounds and capital projects

Jan 16, 2019

Capital project work as a percent of turnaround work has grown from just 2% before the Shale Renaissance building began in 2010 to more than 20% beginning in 2016, according to consultancy AP-Networks.

US LNG export capacity to double, uncontracted demand to quadruple

Dec 13, 2018

2019 may be the biggest year yet in terms of liquified natural gas (LNG) capacity approved globally, as major buyers uncontracted demand is expected to quadruple by 2030, according to a new report by energy research firm Wood Mackenzie. The U.S., Australia...

New report details oil and petrochemical opportunities as US becomes net exporter

Nov 30, 2018

Oil and chemical traders believe the U.S. will become a net exporter for the first time in generations, according to Petrochemical Update’s North American Downstream Market Outlook and Insights 2019.

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