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Showing posts with the label #USD

Process Licensors in LNG Industry

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According to World LNG Report 2025 by International Gas Union, Among the liquefaction trains that became operational in 2024: 1. Plaquemines LNG T1-T8 in the United States adopted Baker Hughes' single-cycle mixed refrigerant (SCMR) technology,  2. Altamira LNG T1 in Mexico adopted New Fortress Energy's Fast LNG technology 3. Congo Marine XII FLNG in Congo adopted Black & Veatch's poly refrigerant integrated cycle operations (PRICO) technology. 4. Corpus Christi Stage 3 T1 in the United States has adopted ConocoPhillips' Optimized Cascade technology.  5. Arctic LNG 2 T1 in Russia has chosen Linde's mixed fluid cascade (MFC) technology. However, the situation for Arctic LNG remains uncertain due to difficulties in securing suppliers.  Currently, Air Products' (AP) liquefaction technologies still dominate the market in liquefaction methodology, representing about 66% of the total operational capacity in 2024, while AP-C3MR hold about a 55% share. Air Products T...

Oil Price & USD The Love & Hate Relationship

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  The relationship between the US Dollar and oil prices historically has been complex and multifaceted, influenced by various economic, geopolitical, and market factors. Generally, there tends to be an inverse relationship between the USD and oil prices. When the value of the USD strengthens against other currencies or the Dollar index, it often leads to a decrease in the price of oil, and vice versa. This relationship is partly due to the fact that oil is priced in USD on the global market. Oil traders and economists know exactly how the Oil price moves when the index moves. However this is not trues in some cases, when oil price and USD appreciates together or vice versa. Here are some key points to consider when examining this relationship and cases where the relationship is not a direct one: 1. Global Economic Growth : In periods of robust global economic growth, both oil prices and the value of the USD can rise together. Strong economic expansion can lead to increased demand f...