Americas
HP Project Management: Outsourcing creates opportunities beyond engineering
The present “shale revolution” has generated opportunities in the engineering, procurement and construction (EPC) industry that even a few years ago would have seemed fanciful. Billions of d..
HP Viewpoint: Going our way?—How the US will benefit from natural gas and fuel cell technology
A remarkable convergence is taking place in North America, as rising natural gas production meets the growing market for both stationary fuel cells providing power to businesses and the utility grid, ..
HP Viewpoint: The data revolution
The world’s population is expected to exceed 9 B people by 2040, and the corresponding energy demand for many of these newly affluent consumers will rise similarly. For the industrial sector, mor..
HP Industry Perspectives: RFS—An endless loop
Renewable fuels remain a huge burden for the global refining industry. Today’s transportation fuels, when used with later-model vehicles, have dramatically reduced tailpipe emissions. With much p..
HP News
Qatar Petroleum and Shell cancel $6.5-B petrochemical project in Qatar Royal Dutch Shell and Qatar Petroleum (QP) have canceled the $6.5-B Al-Karaana petrochemical project in Qatar, which will signifi..
HP Industry Metrics
Mid-January saw the continued decline of monthly average Brent crude oil prices, which fell $17/bbl from November to a monthly average of $62/bbl. The continual price decrease reflects US tight oil pr..
HP People
ABB’s board of directors unanimously nominated Peter Voser to succeed Hubertus von Grünberg as chairman.
Multi-faceted approach on energy efficiency methods
The hydrocarbon processing industry (HPI) is a high-energy-consuming business. After cost for feedstocks, energy is the next largest operating expense for an HPI facility. Since the first oil embargo ..
US safety board identifies weak refining standards in Chevron fire review
The US agency found shortcomings in industry standards related to comprehensive inspection, effective facility upgrades, and the need for minimum safety requirements.
BP to cut Houston jobs, reduce US Gulf business
This announcement follows job cuts at Houston-based oil field service giants Schlumberger, Halliburton and Baker Hughes, which have announced a combined 17,000 employee layoffs in recent weeks.
- 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
