Hydrocarbon Engineering - March 2017

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WORLD NEWS
March 2017 HYDROCARBON
ENGINEERING 10
API | US petroleum deliveries up
T he American Petroleum
Institute (API) has announced
that US total petroleum deliveries
moved up by 1.2% from the prior
year to nearly 19.3 million bpd in
January 2017, marking the highest
January deliveries in nine years.
In January, gasoline deliveries
were down from the prior year
and the prior month. Total motor
gasoline deliveries fell 2.6% from
January 2016, to average
8.4 million bpd (the lowest
demand in 36 months).
Crude oil production in January
increased 1% from December 2016,
but was down by 2.5% on the
corresponding period of 2016 to
average almost 9 million bpd in
January 2017.
Natural gas liquids (NGL)
production was up from both the
prior month and prior year,
averaging 3.5 million bpd in
January.
US total petroleum imports in
January averaged 10.7 million bpd,
up 6.3% from the prior month and
up 9.7% from the prior year. Crude
oil imports in January were at their
highest level since September 2012,
at 8.3 million bpd in January 2017.
Crude oil stocks ended in
January at 499.5 million bbls, up
3.4% from the prior month and
6.6% from the prior year.
EPA | Scott Pruitt appointed as Administrator
O klahoma Attorney General
Scott Pruitt has been confirmed
and sworn in as the 14th Administrator
of the US Environmental Protection
Agency (EPA).
The American Fuel and
Petrochemical Manufacturers
(AFPM) welcomed the appointment:
“We congratulate Administrator
Pruitt on his confirmation as the
next Administrator of EPA. His
experience and leadership skills will
be an asset to EPA and the country.
We are confident that Administrator
Pruitt understands that
environmental protection,
economic growth, and energy
security are not mutually exclusive,
but rather require reasonable
balancing. Under his leadership, we
can realise the President’s America
First Energy Plan, which embraces
our country’s potential to be an
energy superpower while
simultaneously protecting the
environment.”
DIARY DATES
26 - 30 March
SOGAT 2017
Abu Dhabi, UAE
Tel: +971 2 674 4040
Email:
4 - 7 April
Gastech Conference & Exhibition
Chiba City, Tokyo, Japan
Tel: +44 (0) 203 772 6038
Email:
9 - 12 April
2017 GPA Midstream Convention
Marriott Rivercenter, San Antonio, Texas, USA
Tel: (918) 493-3872
Email:
18 - 20 April
NISTM 19th Annual International Aboveground
Storage Tank Conference & Trade Show
Rosen Shingle Creek Hotel, Florida, USA
Tel: 011.813.600.4024
Email:
24 - 26 April
Sulphur World Symposium 2017
Dublin, Ireland
Email:
16 - 19 May
International DownstreamWeek 2017
Dubrovnik, Croatia
Email:
23 - 26 May
AFPM Reliability & Maintenance Conference & Exhibition
NewOrleans, Louisiana, US
Tel: 202.457.0480
Email:
12 - 14 June
37th International Operating Conference & Trade Show
Houston, Texas, US
Tel: 703 875 2011
Email:
9 - 13 July
22nd World Petroleum Congress
Istanbul, Turkey
Email:
BP | Global energy demand to increase 30%
In its '2017 Energy Outlook', BP
expects global energy demand to
increase by around 30% between
2015 and 2035. This growth will be
driven by increasing prosperity in
developing countries, partially offset
by rapid gains in energy efficiency.
BP expects oil and gas, as well
as coal, to remain the main source
of energy to 2035.
Demand for gas is expected to
average 1.6% per year, and BP
predicts that the rapid expansion
of LNG will lead to a globally
integrated gas market, anchored by
US gas prices.
Oil demand is expected to grow
at an average rate of 0.7% per year,
although this is expected to slow
gradually over the period.