Americas

Brazilian developments in the biofuels market

Since the 1970s, Brazil has been a world reference in automotive biofuels, especially bioethanol produced from sugarcane. In 1973, the Organization of the Petroleum Exporting Countries (OPEC) forced a sharp rise in oil prices, triggering a massive slowdown in the country’s economic growth, which had been going through what was dubbed the “economic miracle,” with growth at an average of 12% of GDP. This study gives an overview of the biofuel sector in Brazil, along with the main business challenges and opportunities in this area.

Circular economy: Getting in the door of opportunity ahead of a vanishing polymer market

Significant change is coming to the hydrocarbons industry. Up to 43% of the global conventional polymer production expected by 2040 may disappear due to circular economy (CE) initiatives. In addition, due to the growth in wind turbines and solar panels, and in lightweight composite materials in cars and planes, advanced materials waste is just beginning.

Roundtable: The skills gap: How to bridge it and how to close it

The skills gap is not a new phenomenon for the oil and gas sector. An aging workforce and increased competition for tomorrow’s technical talent have left the industry nervous about its future. On the heels of the 2019 Global Energy Talent Index (GETI), a panel of experts came together to discuss the sector’s ongoing struggle with the skills gap and what oil and gas/energy companies can do about it.

Onsite

Construction

Equatorial Guinea plans to invest $1 B to build several energy projects, including the construction of two new refineries, each with a capacity of 30,000 bpd–40,000 bpd, as well as oil storage facilities, a methanol-to-gasoline plant and an LNG expansion project.

Global Project Data

<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 1,430 projects around the world, representing nearly $1.9 T in capital expenditures.

Industry Perspectives: Petrochemicals surge despite possible future roadblocks

Over the past several years, investments in petrochemicals capacity additions have skyrocketed. Hundreds of billions of dollars have and will be invested in additional petrochemicals units and complexes.

IMO 2020 stability and compatibility headaches

The year 2020 will be a mess from the fuel oil stability and compatibility points of view. The year will be price-driven, so the temptation to “cut corners” is great—meaning that a highly variable number of blend components to manufacture the fuel oil will open a “Pandora’s box” of complex and questionable fuel formulations.

How changes to functional safety standards can optimize fire and gas detection

ANSI/ISA-84 is one of the most influential standards in functional safety and has been a driver for instrumented process safety improvements over the last 20 yr. It is a comprehensive norm covering a wide range of aspects related to functional safety in process industries, including the entire life cycle of designing, implementing and operating safety systems.

Industry Perspectives: There’s still time to vote for the best!

The nominees for the 2019 Top Project awards are out. Using <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, the editors have identified nine projects that are anticipated to significantly impact the global or regional downstream industries.