Featured Articles
Risk: Navigating energy volatility: Understanding the principles of commodity risk management

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.

Four key benefits of an integrity operating window (IOW) implementation
Addington, F., Folse, J., PinnacleART

In today’s operating facilities, it is critical to have robust mechanical integrity (MI) programs that provide the capability to understand the various parameters that affect asset integrity so that inspections can be planned accordingly.

Onsite
Nichols, Lee, Hydrocarbon Processing Staff

Opening Gulf Energy Information’s 2019 Eastern Mediterranean Gas Conference (EMGC) in Cyprus was the Minister of Energy, Commerce and Industry for the Republic of Cyprus, H. E. Yiorgos Lakkotrypis.

Power: Temporary power tips for turnarounds and maintenance activities
Smith, B., Aggreko Process Services

Maintenance activities and turnarounds often prove challenging to a facility’s electrical power system.

Reliability: How “Equifactor” training meets the needs of industry
Bloch, Heinz P., Hydrocarbon Processing Staff

Almost three decades ago, a Knoxville-based company fittingly called System Improvements (“SI”) decided to change the way the world solves problems.

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