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  • Volume 121, Issue 5

    • Volume 121, Issue 5

    May 1, 2023 | ExxonMobil Corp. has started preliminary site work for construction of proposed plants for low-carbon hydrogen production and carbon capture and storage at its 561,000-b/d integrated refining and petrochemical complex in Baytown, Tex., along the Houston Ship Channel. More details can be found in OGJ’s Energy Transition Special Report, starting on p. 35. Photo from ExxonMobil.

    More content from Volume 121, Issue 5

    ConocoPhillips’ core Permian basin business is “an asset that keeps getting better and better” and is set to grow production about 7% annually through 2032, said executive vice...
    May 1, 2023
    After nearly two decades of steady decline, Mexico’s petroleum and liquid fuels production has held steady since 2019.Mexico’s production is to remain relatively flat through ...
    May 1, 2023
    Shell plc subsidiary Shell UK Ltd. completed restart operations at Pierce field in the UK Central North Sea following an upgrade to allow gas to be produced after years of the...
    May 1, 2023
    Ovintiv Inc. expects to nearly double its Permian basin oil and condensate production to about 125,000 b/d following closing of a deal signed to acquire substantially all leasehold...
    May 1, 2023
    Calgary-based Parkland Corp. has completed an 8-week planned maintenance event at subsidiary Parkland Refining (B.C.) Ltd.’s 55,000-b/d refinery on Burrard Inlet in North Burnaby...
    May 1, 2023
    The global midstream sector’s EBITDA (earnings before interest, taxes, depreciation, and amortization) will likely expand by a modest 0-2% in 2023, with growth unlikely to pick...
    May 1, 2023
    A congressional resolution that would have nullified an expansive Clean Water Act regulatory policy was vetoed Apr. 6 by President Biden. The Biden administration’s approach to...
    May 1, 2023
    The outlook for the global energy industry is stable over the next 12-18 months, with earnings remaining elevated as the industry steps down from exceptionally high gains in 2022...
    May 1, 2023
    Calumet Specialty Products Partners LP subsidiary Montana Renewables LLC (MRL) has achieved the design throughput capacity for processing renewable feedstocks into low-emission...
    May 1, 2023
    Despite declining production in the Organization of the Petroleum Exporting Countries (OPEC) and Russia, the US Energy Information Administration (EIA) expects global liquids ...
    May 1, 2023
    Pre-BOP, Post-BOP systems (Fig. 1).
    Dilution-based dual-gradient drilling (DGD) reduces casing strings and drilling costs while increasing hole size at total depth by injecting mud down an artificially-created annulus...
    May 1, 2023
    Photo from ExxonMobil.
    ExxonMobil has undertaken site works for construction of a proposed low-carbon hydrogen production plant and CCS plant at its 561,000-b/d integrated refining and petrochemical complex in Baytown, Tex., along the Houston Ship Channel (Fig. 1).
    Members Only
    ExxonMobil is investing about $17 billion through 2027 on lower-emission initiatives that aim to reduce emissions in its operations but are also directed at reducing others’ emissions...
    May 1, 2023
    Real-Time Drilling Platform (Fig. 1).
    Real-time streaming well data monitors drilling performance and aids drilling decisions using web-based drilling models to calculate and predict drilling parameters. These models...
    May 1, 2023
    World Hydrogen Production (Fig. 1).
    Members Only
    Achieving the decarbonization targets of the Paris Agreement will require that hydrogen meet 15% of global energy demand by 2050.
    May 1, 2023