Featured Articles
Set refinery profitability goals
Johnson, A., Johnson, E., Graham Corp.; Lieberman, N., Process Improvement Engineering

While the ultimate purpose of operating a refinery is to produce gasoline, diesel or asphalt, key objectives include improving return on investment (ROI), net profitability and cash flow.

Risk: Navigating energy volatility: Understanding the principles of commodity risk management
Echols, J., Crowley, G., Opportune LLP

The persistent volatility of energy prices is well known, and sustained price movements have fueled a boom-and-bust cycle in different energy sectors for decades.

Business Trends: Sustainability: Clean fuels—The advancement to zero sulfur
Nichols, Lee, Hydrocarbon Processing Staff

In April, Hydrocarbon Processing launched the first iteration of its HP Sustainability webcast series.

The new normal in petrochemical revamp projects
Prajapati, J., Sheth, C., Nilesh Mangukia, Linde Engineering

You have made the decision to increase plant capacity—with a change in feed—in the existing facility.

Mitigating corrosion challenges from opportunity crudes
Wold, K., Emerson Automation Solutions

High-quality crudes are not always readily available, or at a price that is acceptable to the producer’s budget.

Daily Oil
& Gas Prices

Global Construction Projects

Data provided by Construction Boxscore.

According to Hydrocarbon Processing’s Construction Boxscore Database, more than 320 new projects have been announced in the downstream processing industry over the past year.

EWA Analysis

New project announcements, August 2017–Present

Active project market share by region 

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Construction Boxscore: Project Spotlight

For additional downstream construction project data, visit Construction Boxscore.

Project: Underground Crude Storage
Location: Jujairah, UAE
Operator: ADNOC
Cost: $1,211 MM
Capacity: 42 MMbbl
Completion date: 2022
Status: EPC
Project: Duna Refinery
Location: Százhalombatta, Hungary
Operator: MOL Group
Cost: Not yet given
Capacity: 165,000 bpd
Completion date: 2020
Status: EPC
Project: Winkler Refinery
Location: Winkler, Texas
Operator: Meridian Energy
Cost: $1B
Capacity: 60,000 bpd
Completion date: Not yet given
Status: Planning
Project: Melamine Plant
Location: Vadodara, India
Operator: Gujarat State
Cost: $90 MM
Capacity: 40,000 tpy
Completion date: 2019 Q1
Status: Commissioned