Management
Improving resource efficiency of industrial processes with TOP-REF methodology—Part 1
The processing industry consumes significant amounts of resources, such as materials and energy, to produce valuable goods for society.
Details on high-impact refining and petrochemical projects presently under construction, as chosen by HP editors and readers
The global hydrocarbon processing industry (HPI) continues to expand and modernize to efficiently meet growing demand for energy, transportation fuels and petrochemicals.
People
Peter Vanacker has assumed the role of President and CEO of Neste Corp., succeeding Matti Lievonen, who will retire.
Business Trends: The case for teaching competence—Part 1
Readers who have had the misfortune of being drawn into debates over the precise definitions of words or terms might agree that much time can be lost in unproductive squabbling.
Africa: Troubled Nigerian refineries hamper petrochemicals growth
Nigeria’s petroleum industry has had its fair share of upheavals, ranging from insecurity that hampers upstream operations to low global oil prices that constrain midstream and downstream investments.
Reliability: Use procedures to do your job well
Disregard for following detailed procedures at a petrochemical plant in Illinois proved costly.
Extended vapor cloud analysis methodology—Part 1
The Buncefield explosion was the worst post World War 2 fire/explosion incident.
Industry 4.0 in the oil and gas business
The operational cost structure of oil and gas companies is very capital- and labor-intensive.
It’s not double trouble—it’s digital twingenuity
Much ink has been spilled over the concept known as the “digital twin.”
Capital projects are making a comeback, but are EPC firms ready?
After several years of cutting costs to align to the reality of fewer and smaller capital projects, engineering, procurement and construction (EPC) firms are now forging ahead as the industry recovers.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
