Economics
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 Petrochemicals: Higher international sales boost 2015 earnings above forecast for many chemical leaders
Raw materials costs continue to stay low in the US thanks to the shale boom, but the global decline in oil markets has eroded selling prices for many of the nation’s domestic chemicals and plastics producers.
HP Viewpoint: Advice for the downstream: Keep the faith
Charles Drevna is a distinguished senior fellow of the Institue for Energy Research and the former president of AFPM. He was president of the trade association, formerly known as NPRA, from 2007 until May 2015.
China’s CNOOC begins exports of gasoline, diesel
China National Offshore Oil Corp (CNOOC) has received government approval to begin international exports of diesel and gasoline cargoes in early May.
Maximize energy recovery with small steam turbines
Using smaller turbines (50 kW to 300 kW) can aid system efficiency and help conserve energy. We investigate examples in which the application of smaller steam turbines provided return on investment within two years.
Lubrication update for rotating equipment
API-610 is the most widely used pump standard in the petrochemical and refining industries. It includes experience-based recommendations for lubricant applications and one of those recommendations rel..
Improve relief-device sizing under supercritical conditions
Properly sized relief devices under supercritical conditions are vital to processing natural gas and gas condensates into olefins. These processes operate near the critical locus of the process gases ..
Improve measurement of heavy oil viscosity
This work will study the viscosity behavior of bitumen and its blends with diluent at different temperatures, as well as evaluating simulations for prediction of viscosity of the blend.A blend of bitu..
Use new methods to optimize energy efficiency of hydrogen compressors
Hydrogen (H2) is a key to efficient operation of refinery desulfurization units (DSUs). Process H2, both pure and recycled from DSUs, must be compressed to pressures up to 85 kg/cm2. Centrifugal compr..
HP Editorial Comment: Change is redefining the petrochemical industry
The petrochemical industry is embracing more “change” that is largely due to the recent drop in crude oil prices.
- 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
