Economics
HP Business Trends
To satisfy its growing refined fuel demand, Latin America has relied heavily on imports from the US. Major refinery projects have been announced to curb this reliance, but the drop in crude oil prices has limited capacity expansions.
HP Industry Metrics
The US product market continued to reflect a surge in domestic gasoline demand, allowing gasoline cracking spreads to hit levels not seen in more than two years.
New projects decline, but backlog holds strong
Even after the recent downturn in oil and natural gas pricing, our analysis shows why downstream E&C companies can depend on a strong backlog to last through the decade.
HP Editorial Comment: An extraordinary year and new beginnings
It is quite extraordinary, the events that can happen within a single year. Beginning in July 2014, the world began to witness a widespread fall in crude oil prices. By the end of January 2015, both W..
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 News
Russian blending facility utilizes advanced control technologyLUKOIL’s Nizhegorodnefteorgsintez gasoline blending facility in Kstovo, Russia, will integrate Honeywell software, which is designed ..
HP Industry Metrics
Refinery utilization rates in the US, encouraged by the high driving season demand, continued to rise following the end of the heavy maintenance season. Regional demand in Asia continued lending suppo..
US liquefaction projects to drive global expansion of LNG trade
Hydrocarbon Processing spoke to Andrew Slaughter, executive director for the Deloitte Center for Energy Solutions, about the state of the LNG industry and how trade patterns and project slates could change in the upcoming years.
HP Reliability: Trends from the 2015 AFPM Maintenance and Reliability Conference
Over the decades, there have been good and not-so-good trends presented at this event, and the 2015 maintenance and reliability conference was no exception.
- Malaysia plans to produce sustainable jet fuel in 2027 11/27
- ADNOC launches $80-B low-carbon energy and chemicals investment company 11/27
- Chevron sees California's fuel inventory law raising prices for customers 11/27
- Clariant’s MegaMax™ catalysts to power China’s first biomass-to-green methanol project 11/27
- easyJet, Renavia and WFS sign MoU for long-term supply of SAF 11/27
- Cyclyx to invest in second Cyclyx Circularity Center 11/27
