06242019Mon
Last updateMon, 24 Jun 2019 2pm

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2014 MARKET OUTLOOK: Use 2014 to Get Ready for Good Times Ahead

13 fall outlook introAttendees at this year’s workshop Aug. 8-9 in San Diego received mostly positive reports from speakers who agreed that, while the nation is in recovery, the road ­forward is filled with more than a few bumps. While abundance and availability of natural gas is def­initely a major influence, speakers said North America’s economic future will also be affected by the upswing in tight oil production. Those two factors could lead to energy self-sufficiency on the continent by the end of this decade and fuel a resurgence in the domestic petrochemical and manufacturing industries thanks to low feedstock prices and relatively inexpensive electricity.

 


Valve Automation Solutions for Emergency Shutdown in Shale Applications

13 sum shale 1In many regions of the U.S., the proliferation of gas and liquids discovered and extracted from shale formations has created a need for rapid infrastructure development. Valves and their automation play key roles at every stage of processing and transporting the gas and fluids—from the well to the storage facilities and distribution systems. This means they are vital in providing safety to personnel, process control for operations and protection for valuable assets as well as prevention or mitigation in the case of environmental events.

Using Advanced Sealing Technologies to Prevent Fugitive Emissions

13 sum sealing tech 1Regulators’ monitoring of emissions has forced industries to either implement proactive programs of leak detection and repair (LDAR) or deal with implications of non-compliance, which include fines and consent decrees. In either case, advanced sealing technology can help: It allows an entity to avoid noncompliance or adhere to the low-emission consent decrees.

Opportunities and challenges in the LNG process

13 sum LNG tanker1Liquefied Natural Gas (LNG) is exactly what it says: the liquid form of natural gas. The process of liquefying is performed to reduce the volume for purposes of transporting the fuel: LNG reduces volume by 600 times, making it much more economical to transport by sea aboard LNG carrier ships to destinations all over the world.

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