Economics
HP News
Refining capacity in the US increases slightly At the beginning of 2014 in the US, there were 139 operating refineries and three idle refineries with total atmospheric crude oil distillation capacity ..
HP Industry Metrics: HP Metrics
At mid-year, the global demand for oil remains steady, and growth is forecast to average about 1.13 million bpd (MMbpd). Analysts are more optimistic for greater demand increases in 2015 at 1.21MMbpd,..
HP People
Energy Recovery has promoted Joel Gay to CFO, replacing Alex Buehler. Mr. Gay joined Energy Recovery in January 2012 and has held several positions at the company, serving as vice president of finance..
EU refining industry struggles to remain competitive in 2014
For European refiners, the economic situation remains clouded. The 2008 global recession sent this region into a financial downward spiral. Conditions are improving, but they still lag behind other de..
How to make anything with a catalytic cracker
Various refined products can be produced via an FCCU only with changes in operating condition, different feedstocks and advanced/specialty catalyst choices.
Consider high-fidelity online motor fuel characterization
Motor fuels are complex products. Various diesel fuel and gasoline grades are prepared from a large range of individual blending components whose individual properties may be extremely variable over t..
Case history: Modernization of Russia’s refining industry—Part 1
Russian laws governing transportation fuels and crude oil have undergone many changes. These regulatory changes will involve the revamping of Russia’s refining industry. At present, this nation h..
HP Project Management: What skills will project managers need in the next decade?—Part 1
The next decade could well be that of the project manager (PM), who is at the core individual of every successful project. It is the PM’s competence and professionalism on which the construction ..
HP Global: The reshaping of Latin America’s petrochemical industry
Latin American economies continue to grow. Fig. 1 shows the gross domestic product (GDP) growth rates from 2010 through 2018 for this region. Brazil accounts for 35% of the total GDP growth. For the p..
HP Petrochemicals: Major US players turn focus to propane dehydrogenation
As of today, seven projects have been proposed in the field of propane dehydrogenation (PDH), which can convert propane into propylene as well as the byproduct hydrogen.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- India's Chennai Petroleum Corp to raise capacity at key Manali refinery 12/19
