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Oil prices continued their downward plunge throughout October and into early November. The decline is due to bearish market fundamentals accompanied by a strong US dollar. Saudi Arabia is not expected..
HP Industry Perspectives: Oil price—How low can it go?
Oil price volatility returned with a vengeance in October amid worries of slower economic growth, weakening oil demand, an unexpected increase in Libya’s output, and an indication by Saudi Arabia..
HP News
DOE study examines impacts of US LNG exports The US Department of Energy’s office of Fossil Energy (DOE/FE) recently completed a study on the impact of exporting LNG on the US energy market. Ther..
HP People
The supervisory board of BASF SE appointed Sanjeev Gandhi to the board of executive directors, effective Dec. 1. Previously, he was head of BASF’s Intermediates division since 2010 and a senior v..
Manage hydrogen sulfide hazards with chemical scavengers
Hydrogen sulfide (H2S) and its associated hazards are well known in the oil and gas production and refining industries. Legislation has been in place for years, imposing strict regulations on H2S leve..
Update on control and safety systems for turbomachinery
All plant workers want to reduce the safety risk associated with turbomachinery operation while avoiding nuisance trips. The goal is to run machines in an efficient manner. In this context, safety ris..
Lubrizol to acquire Weatherford oilfield chemicals, drilling fluid businesses
Lubrizol has signed an agreement to acquire Weatherford International’s oilfield chemicals business, known as Engineered Chemistry and its drilling fluids business, known as Integrity Industries.
Power outage shuts Methanex plant in Trinidad
The National Gas Company of Trinidad and Tobago took its 56-inch cross-island natural gas pipeline out of service to investigate a possible underground leak. Consequently, natural gas supply to a major power generator is not available.
Chile refinery fire injures two, shuts production
Two workers suffered minor injuries in the fire after being splashed by hot liquid.
Chevron Phillips Chemical CEO eyes transparency through social media
“Doing the right thing and communicating with greater transparency is becoming an imperative, and social media is one of those essential vehicles,” said Cella.
- Kumho Mitsui Chemicals to increase capacity of MDI production facilities 12/15
- ABS, Eneos, NYK Line and Seacor Holdings launch joint study to develop a methanol marine fuel supply network in the U.S. 12/15
- ENEOS accelerates AI-driven materials discovery of immersion cooling fluids and novel catalysts Using NVIDIA ALCHEMI 12/15
- SAMSUNG E&A wins FEED contract for nearly $5-B SAF plant in the U.S. 12/15
- KBR wins green ammonia project by IGNIS in Spain 12/15
- Phillips 66 announces $2.4-B capital budget for 2026 12/15
