Americas
Business Trends: Standardized modularization—Drivers, challenges and perspectives in the oil and gas industry
Modularization is an alternative way of performing engineering aimed to reduce the number of interfaces, the total installed cost (TIC) and overall schedule length of a project, while optimizing the return on investment (ROI) and allowing standardization for similar future projects.
Industry Perspectives: What is the solution to comply with the IMO’s Global Sulfur Cap regulation?
In October 2016, the International Maritime Organization (IMO) announced that it will implement a new regulation that calls for the sulfur content in marine fuels to be reduced from 3.5% to 0.5%.
Viewpoint: Operational excellence—The path to world-class performance
Why is operational excellence (OE) increasingly being recognized as the path to world-class performance?
Editorial Comment: Petrochemical project announcements top $80 B since 2014
Although new petrochemical project announcements have fallen over the past 3 yr, the global petrochemical sector will continue to see strong growth through the end of the decade.
Through the looking glass: How US EPA regulations are changing the way we visualize methane leaks
In mid-2016, the US Environmental Protection Agency (EPA) published Regulation 40 CFR, Part 60, Sub-part OOOOa, commonly known as QuadOa. This regulation has propelled optical gas imaging (OGI) firmly into the mainstream, and presents a major shift in the way fugitive emissions are regulated and the technologies that can be used.
Calculate gasoline RVP seasonal change giveaway economics
Despite high demand and depressed refining margins, the US is in the midst of a glut of gasoline. This predicament is causing a rush to convert summer gasoline into cheaper winter gasoline, in the hope that using cheap butane and higher Reid vapor pressure (RVP) specs will increase refining profits.
Fluor completes construction of Dow Chemical’s ethylene production facility
IRVING, Texas – Fluor Corporation announced that it has safely finished the mechanical construction of The Dow Chemical Company’s new ethylene production facility in Freeport, Texas on schedule.
AIChE ’17: Ethylene Producers Congress
SAN ANTONIO -- Run in parallel with the AIChE Spring Meeting, the Ethylene Producers Congress is self-contained with its own exhibition area right outside the large ballroom that hosts the four-day meeting. The event began the Sunday evening before with their own reception, but didn’t have featured lunch speakers during the week, allowing participants to network during daily two-hour lunch breaks.
ExxonMobil Chemical to expand global hydrocarbon fluids capacity by 250 Mtpy
HOUSTON -- ExxonMobil Chemical Company, a division of ExxonMobil Corporation, announced that it is expanding the capacity of its global hydrocarbon fluid assets by more than 250 Mtpy at its world-scale petrochemical sites in Antwerp, Belgium; Baytown, Texas; and Jurong Island, Singapore.
Catalytic cracker working fully at Isla refinery of Venezuela's PDVSA
ORANJESTAD (Reuters) -- The catalytic cracker at Curacao's Isla oil refinery, operated by Venezuelan state oil company PDVSA, is fully working, refinery workers said on Thursday.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
