With an increase in concern for the environment, countries around the world are implementing stringent environmental regulations and are continuously pressuring refiners to reduce the amount of sulfur in transportation fuels—primarily gasoline and diesel—to combat airborne pollution caused by vehicles.
The global hydrocarbon processing industry (HPI) continues to expand and modernize to efficiently meet growing demand for energy, transportation fuels and petrochemicals.
In 2020, new International Maritime Organization (IMO) marine fuel regulations will go into effect.
Regulations, feedstock advantages, supply/demand gaps, etc., are resulting in a surge of new capital investments around the world.
The International Maritime Organization’s (IMO’s) 2020 regulation has been described as the most disruptive change to impact the oil industry in the past 30 yr.
According to multiple industry reports, the global refining sector will add between 7 MMbpd and 8 MMbpd of new crude distillation unit (CDU) capacity by the early 2020s.
According to Hydrocarbon Processing’s Construction Boxscore Database, there are nearly 470 active refining projects around the globe.
Hydrocarbon Processing, the downstream processing sector’s leading technical publication, has announced the winners for its second annual awards.
Hydrocarbon Processing, the downstream processing sector’s leading technical publication, has announced the finalists for its second annual awards.