Crude oil
HP Editorial Comment: Alternative energy?
Alternative energy is a point-of-reference term. Natural gas is an alternative energy resource for transportation fuels. As more natural gas resources are developed, natural gas is displacing coal as ..
HP Industry Perspectives: Keystone XL: It is time to move forward, Mr. President
In a media call, the American Petroleum Institute (API) president and CEO Jack Gerard emphasized that it is time for the Keystone XL pipeline to move forward, and he requested urgent action by Preside..
HP Industry Metrics
Recent declines in oil pricing and the associated volatility in future pricing has created a difficult forecasting environment. Other factors are causing deviations, especially with regard to the resp..
US petroleum demand surges to seven-year high
According to API’s November monthly statistics report, total US petroleum deliveries increased 1.9% from November 2013 to average 19.9 MMbpd, the highest level for the month in seven years.
Replan: Modernizing Brazil’s largest crude oil refinery
The project included installing two hydrodesulfurization (HDS) units for the cracked naphtha produced by two catalytic cracking units, a coker naphtha hydrotreating (HDT) unit, and a catalytic reforming unit.
HP Viewpoint: US shale revolution set to spill over into downstream
The US shale boom is rapidly changing from an upstream story to a broader energy evolution with increased margins migrating to midstream and, more particularly, to downstream. In downstream oil, disco..
HP Forecast: 2015 downstream forecast reaches all-time high
In 2015, the HPI’s capital, maintenance and operating budgets are expected to exceed $324 B. Global announced project spending continues to surge to satisfy increasing demand for petroleum products.
HP Industry Metrics
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..
- Samsung C&T and Axens partner to accelerate global deployment of CCUS projects with advanced DMX™ technology 2/24
- Yokogawa and CMC Solutions sign global sales and service agreement for predictive emission monitoring systems for industry 2/24
- Update on Asian refinery maintenance/turnarounds and outages 2/24
- NOVA Chemicals commercializes two new recycled polyethylene grades 2/24
- Verso Energy to use Honeywell UOP tech for seven eSAF projects 2/24
- Kuwait's KPC draws BlackRock, Brookfield, EIG to possible $7-B pipeline deal 2/24
