Construction
HP Project Management: An update on Lang factors
Lang factors are cited frequently and used within the HPI. With the ensuing changes, the question must be asked, “Do Lang factors still present a realistic approximation of capital cost today?”
HP Petrochemicals: Consultant: Managers need long-term focus to find downstream sustainability
Top industry management should consider profits over the long term to make the business case for more sustainability, with a particular focus on results in the four-to-five-year range rather than on the initial year or two.
HP Refining: Peru: Modernization of the Talara refinery
The mega-project expansion at the Talara refinery is the foundation of Petroperu’s new strategic plan to increase refining capacity and reduce the sulfur content in refined products.
Louisiana refiner contracts CB&I on $100M project for Tier 3 clean fuels
The scope of work at the refinery in Louisiana includes detailed engineering, procurement, module fabrication and site construction of a naphtha hydrotreater and a revamp of an existing gasoline selective hydrotreater, which uses CB&I's CDHydro and CDHDS technology.
Maire Tecnimont wins EPC work for upgrade of Poland’s Gdansk refinery
The deal includes the implementation of a delayed coking unit, a coker naphtha hydrotreating unit, a hydrogen production unit (licensed by KT) together with ancillary units at the Gdansk refinery.
Use advanced automation and project management to simplify refinery construction
Process automation in oil refineries is undergoing major changes, driven by customers frustrated by what they consider to be slow and incremental advances from the main automation OEMs in the industry.
China’s ‘energy revolution’ strives for sustainable growth
China's energy demand, particularly for petroleum and other liquids, is rapidly increasing as its industrial and transportation infrastructures expand.
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 Global: Investment in Egypt’s downstream on the rise
Egypt is adopting a mix of investment strategies in refinery upgrades and construction of new capacity to meet the nation’s target for more high-quality light and middle distillate products and a reduction of transportation fuel imports.
HP News
Recent news events in the global HPI.
- 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
