Economics
HP Insight: The HPI uses technology when solving global problems
Research and development (R&D) has been the platform to support new methods to process transportation fuels and petrochemical products from hydrocarbons. So, how much of the R&D was just straight rese..
Choose a facility configuration based on financial metrics
Linear program (LP) modeling can provide an unbiased, cost-based preview of a refinery or petrochemical plant design
Are you losing money when tuning controllers?
Here are 10 rules, if followed, that will result in poor process performance
HP Viewpoint: Cautious optimism for growth seen in US natural gas market
With the advantages of a large resource base, relatively reasonable costs, and environmental pressures on competing fuels, such optimism is justified. However, the industry’s hopes are not guaranteed to be fulfilled.
Mississippi ranked as world's top spot for oil and gas investment
Mississippi is ranked as the top place in the world for oil and gas investment, according to the opinions of international petroleum executives and managers in the annual Global Petroleum Survey, released today by the Fraser Institute.
Ex-Im Bank gives initial approval for $2.8 billion in financing for Colombian refinery
The Board of Directors of the Export-Import Bank of the US today voted to grant preliminary approval for a $2.84 billion direct loan/loan guarantee to Colombia’s Refinería de Cartagena S.A. (Reficar).
Marubeni buys $270 million shale stake from Marathon
Marathon Oil has signed an agreement with Marubeni Denver Julesburg, a subsidiary of Marubeni Corp., under which Marathon will assign a portion of its interest in the Niobrara shale play within the DJ Basin of southeast Wyoming and northern Colorado.
Shell sells Stanlow refinery to Essar Oil (UK)
Shell has signed a sales and purchase agreement for its 270,000 bpd Stanlow refinery in the UK and certain associated local marketing businesses with Essar Oil (UK) Ltd. for a total expected consideration of some $1.3 billion. Today’s announcement follows a formal offer Essar made for Stanlow in mid-February.
ExxonMobil opens Shiogama terminal in area affected by earthquake, tsunami
ExxonMobil Japan Group has reopened its Shiogama terminal, enabling delivery of increased fuel supplies into the Tohoku area of Northeast Japan, which was affected by the March 11 earthquake and tsunami.
Shaw issues statement on events in Japan
"On behalf of all Shaw employees around the world, I give our deepest sympathy to the people of Japan. This is an extraordinary tragedy, and we can only imagine how painful and challenging this time is for everyone in the country," said J.M. Bernhard Jr., Shaw's chairman, president and chief executive officer.
- XRG acquires upstream stake in Vaca Muerta to support the Argentina LNG project 6/29
- Baker Hughes extends long-term service agreement with Nigeria LNG to support critical expansion project 6/29
- Technip Energies, Alterra and Neste launch Nerea, a standardized modular solution for plastic chemical recycling 6/29
- Sherwin-Williams unveils new advanced energy barrier that eliminates threat of corrosion under insulation 6/26
- SIBUR develops new polyethylene grade for beverage packaging 6/26
- IGS launches Rovex, a next-generation robotic cleaning technology for fired heater efficiency 6/26
