Uncertainty looms in EU economyEuropean chemicals output contracted by 2% in 2012 compared with 2011, according to European chemicals group Cefic. By lowering its forecast released in September, the c..
HP Industry Perspectives: 2012: Is it over yet?
According to a year-end report from the American Chemistry Council (ACC), the global economy is still stumbling three years after the great recession of 2008. The Euro area is challenged t..
HP Impact: US crude production hits 15-year peak
The US Energy Information Administration (EIA) reports that US crude oil production (including lease condensate) averaged almost 6.5 million bpd in September 2012, the highest volume in nearly 15 year..
HP Impact: Increased operating costs in the Asia-Pacific region could derail growth
Rising operating costs will be the biggest barrier to oil and gas companies growth in Asia-Pacific next year, according to a 2013 outlook for the industry by GL Noble Denton. While the sector..
HP Impact: Canadian oil sands GHG emissions scrutinized
IHS has released an update to its 2010 report comparing the greenhouse gas (GHG) emissions from fuels made from Canadian oil sands to those from other crude sources. The new analysis found that total ..
HP Impact: North America lagging, Asia-Pacific surging, in sales of natural gas vehicles
The global market for light-duty natural gas vehicles (NGVs), which produce fewer greenhouse gas emissions than conventional gasoline engines and which run on fuel that is cheaper than gasoline, varie..
FLNG needs offshore know-howMore and more developers are considering floating liquefied natural gas (FLNG) as a strong option for monetizing gas resources. The sustained work over the last five years ..
HP Associations: Cyber security in the oil sector
The American Petroleum Institute (API) held its 7th annual cyber security conference over two November days in Houston, Texas. Since cyber attacks on industrial targets have grown in frequency and int..
Website brings product information together in one place Moore Industries redesigned website (www.miinet) makes it easier to find information about the companys interface solutions fo..
Actuator provides safe, economical valve operation The Easi-Drive portable valve actuator is said to securely and effectively operate valves in oil refineries, chemical processing facilitie..