Americas
US engineer KBR sells building business to Pernix
The transaction's price with Pernix is $22 million, and KBR expects to record a pre-tax gain of approximately $28 million in its second quarter 2015 financial results.
Canada approves Quicksilver’s Discovery LNG for British Columbia exports
The approved export points are the north side of Campbell River, British Columbia, at the outlet of the loading arm of the proposed Discovery LNG natural gas liquefaction terminal.
Turning a Tier 3 profit
The continued reduction in refined product sulfur specifications has revolutionized the industry’s landscape over the last decade, increasing the importance of hydrotreating solutions.
Improve LPG treating via advanced amine-solvent recovery technologies
Capacity and throughput improvement in a refinery LPG treating unit are made possible by implementing an amine recovery program.
Automate environmental monitoring at petrochemical plants with LIMS
Environmental regulations can add to the cost of doing business in the petrochemical industry, so making compliance more efficient and less expensive is a bottom-line priority.
Better risk-management methods ensure project success
Management of project risk is a challenge under normal times, and this crucial activity is exasperated in complex projects as a result of the shale gas revolution.
HP Reliability: Trends from the 2015 AFPM Maintenance and Reliability Conference
Over the decades, there have been good and not-so-good trends presented at this event, and the 2015 maintenance and reliability conference was no exception.
HP Petrochemicals: Higher international sales boost 2015 earnings above forecast for many chemical leaders
Raw materials costs continue to stay low in the US thanks to the shale boom, but the global decline in oil markets has eroded selling prices for many of the nation’s domestic chemicals and plastics producers.
HP Viewpoint: Advice for the downstream: Keep the faith
Charles Drevna is a distinguished senior fellow of the Institue for Energy Research and the former president of AFPM. He was president of the trade association, formerly known as NPRA, from 2007 until May 2015.
HP Industry Metrics
Up-to-dateata tables and figures illustrate the state of the worldwide HPI, including cracking spreads, margins and utilization rates.
- Borouge reaffirms commitment to local manufacturing with new industry supply agreements 1/10
- Update: Turkey's Izmir refinery now expects to restart crude unit in Feb, IIR says 1/10
- Pertamina unit to produce ISCC-certified SAF in 1Q 1/10
- WTO panel largely backs EU in palm oil case against Indonesia 1/10
- Howard Energy Partners acquires ethylene pipeline from EPIC Midstream Holdings 1/10
- U.S. to impose further sanctions on Russian oil fleet and traders 1/10
