Economics
Achieve excellence and sustainability in your next turnaround
To consistently achieve pacesetter results on plant shutdowns and turnarounds, it is imperative that companies have a systematic turnaround management process (TMP).
Reduce moisture intrusion in pipes, tanks and other equipment
Once water enters the system, even at high temperatures, the insulation system can retain large quantities of water. That can then lead to accelerated heat gain or loss.
Address inlet pressure loss concerns with restricted lift relief devices
For the past 30 years, standard-sized relief devices have been sized such that it is difficult to meet the installation criteria in American Petroleum Institute (API) standard (STD) 520. This problem ..
HP Automation Strategies: Intelligent pumps offer potential for significant energy savings
Increasing energy costs over the last few decades have put more pressure on companies across all industries to find more efficient ways to utilize energy. Reducing energy consumption reduces both inpu..
HP Project Management: Use key elements for successful mega-plant startups
As new projects are more complex and larger in capacity, the successful startup of the mega-plant is crucial. Unfortunately, mega-projects are vulnerable to significant overruns in schedules and budge..
HP Global: Africa’s drive to a clean fuel regime
The challenges facing Africa’s drive to a clean fuel regime are captured by a success story in South Africa and a heartbreaking tale in Kenya, with both countries striving to achieve low-sulfur (..
HP Gas Processing: US midstream expansion hits Utica shale
Significant expansion is planned for the midstream oil and gas sectors in 2014, following a 263% increase in midstream capital spending to $46.4 billion (B) in 2013, according to Deloitte.1 A five-yea..
HP Boxscore Construction Analysis: 2014 global construction outlook—Part 1
According to Hydrocarbon Processing’s HPI Market Data 2014, total capital spending in the hydrocarbon processing industry (HPI) is estimated to exceed $77 billion (B). This amount includes invest..
HP Viewpoint: Sound energy policy needed to support 21st century economy
The shale energy revolution has overturned every assumption we once held about the US long-term energy outlook. Thanks to technological advances in hydraulic fracturing and horizontal drilling, we hav..
HP News
Country spotlight: KazakhstanAccording to data from the Kazakhstan Ministry of Oil and Gas, the country’s three oil refineries processed nearly 14.3 million tons (MMt) of crude in 2013. The 2013 ..
- 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
- U.S. judge blocks Michigan from shutting down Enbridge's Line 5 oil pipeline 12/19
