Mexican oil company Pemex recently announced major refinery improvement projects that will represent a total investment of $23 B over the next three years.
As governments impose progressively stringent limits on the sulfur content of fuels, the refining industry and the hydrocarbon processing industry (HPI) are increasing their focus on sulfur removal to maximize profits from sulfur-rich oil and gas resources.
The US shale boom is rapidly changing from an upstream story to a broader energy evolution with increased margins migrating to midstream and, more particularly, to downstream. In downstream oil, disco..
According to the International Energy Agencys August Oil Market Report, 2014 global oil demand has stalled. The International Monetary Fund (IMF) revised down its forecast for global economic gr..
The increased availability of natural gas supplies are redefining energy conditions. New natural gas reserves are shifting the order for producing nations. Shale gas reserves, once difficult to extrac..
Novel catalysts can improve the oxidation of thiols (RSH) found in light oils. Thiols in petroleum products, such as liquefied petroleum gas (LPG) and light straight-run naphtha (LSRN), usually found ..
Major changes are unfolding that will impact the marine shipping industry. Within the next decade, tighter environmental rules will be in place, changing fuels used to propel international and domesti..
Galveston Bay refineryMarathon Petroleum has closed its transaction with BP to purchase several assets, including the 451,000-bpd refinery located in Texas City, Texas. The refinery will be renamed an..
In late January 2013, the European Commission (EC) announced ambitious measures to ensure the buildup and standardization of alternative fueling stations across Europe. Much of the earlier EC policy i..
Hydrocarbon Processing had the opportunity to meet with Dr. Rajeev Gautam, president and CEO of UOP, A Honeywell Co., and discuss several high-level factors impacting the global hydrocarbon processing..