Economics
Case history: Improve refrigeration compressor performance
This case examines the mechanical distress and performance deterioration of a critical refrigeration compressor that was installed at a world-scale petrochemicals complex.
HP Insight: How long is an economic cycle for the HPI?
As summer takes hold in the Northern Hemisphere, demand for energy in various forms increases. In looking back over the past 90 years, energy demand and pricing cycle through high and low points. In 2..
HP Integration Strategies: Reliability solutions offer unique value propositions
Globally, the process industries lose the equivalent of 5% of production annually because of unscheduled downtime and poor product quality. ARC Advisory Group estimates that almost 80% of these losses..
HP Construction Profile: Rotterdam LNG facility wins top project award
The Gate megaproject is one of Europe's largest LNG terminals. With two jetties, it can unload simultaneously two vessels of the Q-Max type, the world's biggest LNG carriers.
HP Impact: Comparing land use impacts for petroleum and biofuels
The biofuels industry claims its fuel is unfairly singled out by potential regulatory policies that focus on greenhouse gas (GHG) emissions associated with land use change. It argues that petroleum al..
HP Impact: The modern world of steel
The World Steel Association recently published the 2012 edition of “World Steel in Figures.” This study provides essential facts and statistics about the global steel industry, including inf..
HP Impact: EU chemicals sector output down in 2011
European Union (EU) chemicals production recorded a 1.9% decrease in the first four months of 2012 compared with the same period in 2011, according to the latest Cefic Chemicals Trends Report. Monthly..
Catalyst developments: The past 90 years
While catalysis has made many advances in the last 90 years, the application of new technologies developed in other areas may offer great promise for future breakthroughs.
Impact of advanced engineering and design software on the HPI
Future industry innovations may include more integration of tools and information, improved hardware/software access, and the development of new energy resources.
The psychology of energy pricing: A look at market behavior during oil shocks
A review of the energy price shocks of the 1970s and 2000s shows the range and extent to which fundamental and technical factors may influence oil market sentiment.
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- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
