Romanow, Stephany
HP Editorial Comment: Courage amid challenge and change
Editorial commentary
Europe’s downstream industry remains resilient
The European hydrocarbon processing industry (HPI) is a complex set of refineries and petrochemical facilities distributed among several nations, all of which are critical to the international trading and economy of the EU.
HP Editorial Comment: Convergence of trends supports HPI opportunities
The downstream industry is halfway through 2015 and the second decade of the new millennium. Great changes have occurred over the past 12 months and five years. Change is not necessarily negative; in fact, it can be a welcome event.
HP Editorial Comment: Change is redefining the petrochemical industry
The petrochemical industry is embracing more “change” that is largely due to the recent drop in crude oil prices.
HP Editorial Comment: Accessing the value of methane and the North American petrochemical revolution
The North American (NA) petrochemical industry is experiencing a renaissance of new project announcements and manufacturing expansions. This wave of activity is supported by abundant, low-cost natural gas supplies. In particular, many ethylene projects are under various stages of development.
HP Editorial Comment: Downstream has good news for 2015
The outlook is optimistic for downstream companies. Independent refiners are positive on present and future demand for transportation fuels.
HP Editorial Comment: Take a moment and breathe
“Don’t panic” is probably the best advice for the downstream industry regarding oil prices. The upstream fully recognizes the present and short-term conditions for its business.
HP Editorial Comment: Alternative energy?
Alternative energy is a point-of-reference term. Natural gas is an alternative energy resource for transportation fuels. As more natural gas resources are developed, natural gas is displacing coal as ..
Editors’/Readers’ Choice 2014
According to Hydrocarbon Processing’s Construction Boxscore Database, over $1.143 trillion in announced global projects are at various stages of development. Using the Boxscore Database, HP editors identified 12 projects that will have the highest impact to the global or regional downstream industry. HP readers voted online to select the top project in each category.
HP Forecast: 2015 downstream forecast reaches all-time high
In 2015, the HPI’s capital, maintenance and operating budgets are expected to exceed $324 B. Global announced project spending continues to surge to satisfy increasing demand for petroleum products.
- China Shipbuilding’s and Lemissoler’s first methanol-fueled Ultramax bulk carrier receives ABS approval 12/8
- RTX's Pratt & Whitney Canada and Leonardo achieve first 100% SAF flight with AW139 helicopter 12/8
- Maersk to deploy first large methanol-enabled vessel on Asia - Europe trade lane 12/8
- Shell sees $6 B in oil and gas investments in Nigeria 12/8
- Mexico's Pemex eyeing later refinery start-up date, months after initial announcement 12/8
- Indonesia's Pertamina starts carbon injection tests in Sukowati oil and gas field 12/8
