West Texas Intermediate (WTI) forward oil prices for May dropped into negative territory during mid-April, on fears of lack of storage capacity to deal with the excess production. Forward prices for June were also nosing to equally unprecedentedly low levels.Elsewhere, Brent Crude spot prices dropped to $20/bbl, a fall of $50/bbl from the start of 2020.
Sulphur’s annual survey of recent, current and future sulphur recovery unit construction projects maps the developing shape of brimstone production from fuel and gas processing plants worldwide.
BASF has developed a new generation of promoter system compatible with MDEA solutions named OASE® yellow. The new promoter system increases the selectivity and capacity of the amine solvent, resulting in improved performance of tail gas treating units and allowing the processing of more sour crudes. A. Kern and G. Vorberg of BASF discuss two case studies demonstrating the benefits of OASE yellow.
When producing from shale reservoirs, technologies such as horizontal drilling and hydraulic fracturing have been used successfully to access hydrocarbons that otherwise could not be. A less publicised issue in producing from certain hot shale gas reservoirs (T > 100°C) is the presence of H2 S and organo-sulphur compounds in the production fluids. In trying to understand the non-biogenic sources of H2 S, Alberta Sulphur Research Ltd has been involved in studying the decomposition of chemicals used in hydraulic fracturing when exposed to high temperature and high pressure.R.A. Marriott, J.J. Marrugo-Hernandez and R. Prinsloo of ASRL discuss the findings of the study.
Market Insight courtesy of Argus Media
CRU’s Laura Cross guides us through the current Covid-19 crisis and flags up the unique risks faced by the fertilizer industry as the pandemic unfolds.
The Sulphur Institute is holding its annual meeting in Chicago, Illinois this year from April 20th-22nd.
This year appears to be determined to illustrate the limitations of forecasting. Projecting trend lines into the future, looking at expected completion dates for major projects and global economic projections are all worthwhile activities, and can provide valuable insights for business people, but any prediction is apt to be derailed by what one of our prime ministers supposedly once described airily as; “events, dear boy, events.”
Fluor/GAA continue to strive to improve the performance of the D’GAASS out-of-pit liquid sulphur degassing technology based on commercial operating experience and ever-changing environmental emissions regulations. T. Chow and S. Fenderson of Fluor Energy & Chemicals/ Goar, Allison & Associates discuss operating experience that has led to the improvements of the new patent-pending third generation D’GAASS 3G technology.
Claira Lloyd, Sulphur Editor and Sulphur Fertilizers Team Leader, Argus Media, assesses price trends and the market outlook for sulphur.