Economics
Editorial Comment: HPI spending in 2019 forecast at $375 B
Regulations, feedstock advantages, supply/demand gaps, etc., are resulting in a surge of new capital investments around the world.
Industry 4.0 in the oil and gas business
The operational cost structure of oil and gas companies is very capital- and labor-intensive.
Capital projects are making a comeback, but are EPC firms ready?
After several years of cutting costs to align to the reality of fewer and smaller capital projects, engineering, procurement and construction (EPC) firms are now forging ahead as the industry recovers.
Eight strategies to minimize capital expenditures for a better bottom line
The following are eight strategies to help reduce engineering, procurement and construction (EPC) project costs, along with tips to maximize the value of both existing assets and new investments for refiners and producers.
Conceptualizing a mega-integrated refinery and petrochemical complex: A case study
<i>Integration</i> is the new keyword for sustainability and profit in today’s oil and gas market scenario.
Onsite
Dr. Kheng Lau, BP, presented the keynote address on using high-fidelity simulators for training on day two of Hydrocarbon Processing’s International Refining and Petrochemical Conference (IRPC) Americas.
Global Project Data
<i>Hydrocarbon Processing’</1>s Construction Boxscore Database is tracking more than 1,300 active projects in the hydrocarbon processing industries worldwide.
Business Trends
The oil and gas industry is at a turning point.
Viewpoint—Industry 4.0: Demystifying the next big thing in oil and gas
Until a few years ago, the term Industrial Revolution referred to the significant technological changes that began in the late 1700s with the advent of the steam engine, leading to the mechanization of work and the unprecedented economic growth and prosperity that followed.
Refining—The evolving base oil industry: The Group 1 shift
In April, ExxonMobil launched its 2018 Basestocks Industry Pulse Report. Supported by survey responses from 300 base oil decision makers around the world, the report reveals their own perspectives into the key market trends and industry drivers in the base oils business.
- Dow, Ambipar partner to promote plastics recycling in South America 11/26
- Hygenco selects Topsoe as technology provider for green ammonia production 11/26
- IAG announces new E-SAF deal with Infinium, remains on track to deliver 2030 target 11/26
- Aviation sector officials warn of Trump effect on green jet fuels 11/26
- Russia's oil and gas revenue down by a third in November m/m 11/26
- Contentious COP29 deal shows climate cooperation fraying at edges 11/26
