Americas
HP Project Management: Build a better bid, or how to achieve a competitive advantage in capital projects
As backlogs and revenues continue to be strong and on an upward path for most global engineering and construction (E&C) firms, competition for the best projects has increased. The energy industry’..
HP Petrochemicals: M&A deals rise as investors push petrochemical leaders to restructure
Oil and petrochemical companies are seeking strategies to remain competitive as their cash flows continue to take direct hits due to depressed oil prices. This is resulting in significant restructurin..
HP Engineering Case Histories: Case 84: Remaining service life of plant equipment can be determined
For new plant machines and equipment, the life expectancy is determined by the original equipment manufacturer (OEM). Yet, different analysis techniques are often required in a failure analysis. In a ..
HP Viewpoint: Methanol takes on LNG for future marine fuels
As the lifecycle economics of using MeOH compared with other emission compliance options become more evident, we will see the tide rising on the use of MeOH as a marine engine fuel.
HP Industry Metrics
Global product markets and refinery margins, particularly in the US, have seen steady improvement since January. Worldwide gasoline demand has soared in recent months in both OECD and non-OECD regions..
Safety and environmental updates for HPI storage tanks
   © leungchopan—Shutterstock.com Storage tanks are common in any hydrocarbon processing industry (HPI) facility or receiving/shipping terminal. Crude oil, refined produc..
Profits surge for US refiner Marathon Petroleum on strong crack spreads
Marathon's refining and marketing segment posted income from operations of $1.32 billion in the first quarter of 2015, compared with $362 million a year earlier. The increase was primarily due to higher US Gulf Coast and Chicago crack spreads and lower turnaround and other direct operating costs,
Phillips 66: Weaker NGLs trump refining strength
The NGL market environment negatively impacted results for Phillips 66, leading to lower earnings despite a significant increase within the company's refining business.
Chevron’s downstream business soars on higher refined product margins
“Downstream operations were strong, benefitting from lower feedstock costs and improved refinery reliability," said Chevron CEO John Watson.
FS-Elliott opens new US compressor service hub
FS-Elliott’s service center houses the global services group, a team of professionals responsible for providing a full portfolio of support including remote technical assistance, operation and maintenance training, and performance upgrades designed to further improve machinery operation.
- 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
