The oil industry’s interest in the downstream segment of the business has known ups and downs. This article reviews the past, present and projected future of the downstream sector and its companies.
Technology has dramatically transformed communication methods and, more importantly, the ways that engineers share information with colleagues and clients.
Workforce experts and employers often suggest that the millennial generation is responsible for sparking the job-hopping trend.
Site utility leads, engineers and other professionals in the hydrocarbon/chemical processing industries (HPI/CPI) are facing a perfect storm of increasing demineralized water demand, end of life of existing demineralized water plant equipment, changing source water quality, corporate directives to diversify water sources, and pressure from regulators and community stakeholders to minimize the volume of waste generated from water treatment.
The world population is expected to reach 9.2 billion people by 2040,1 and the global GDP is also likely to double over that same period.
Reciprocating compressors are used extensively in refinery and petrochemical operations to keep feedstocks and products moving through miles of piping.
Centrifugal compressors are widely used in the oil and gas and petrochemical industries, with more than 15,000 operating in the U.S. alone.
High product inventory levels and weak heating oil demand continued to weigh on U.S. refining economics. European product markets, except gasoil, exhibited positive performance backed by firm exports and heavy turnarounds in the Middle East.
Hydrocarbon Processing's Editor-in-Chief/Associate Publisher, Lee Nichols, was pleased to speak with Jim Becker (JB), Vice President, Polymers and Sustainability for Chevron Phillips Chemical (CP Chem).
Saudi Arabia aims to become a major player in the global petrochemicals market within the next several years, with plans to increase domestic and foreign production and expand its exports.