Economics
Industry Perspectives: What challenges will 2019 bring to the global HPI?
In the December 2018 issue of <i>Hydrocarbon Processing,</i> we detailed our editorial opinion on the most likely route that shippers will take to adhere to new International Maritime Organization (IMO) sulfur regulations.
Maximizing existing xylene loop profitability
Paraxylene (PX) separation is an energy-intensive process, as are most industrial chemical separations.
Improving resource efficiency of industrial processes with TOP-REF methodology—Part 1
The processing industry consumes significant amounts of resources, such as materials and energy, to produce valuable goods for society.
Industry Perspectives: IMO 2020—What is your say?
In 2020, new International Maritime Organization (IMO) marine fuel regulations will go into effect.
Digital: Seize the benefits of digitalization
Digitalization has been making waves in the energy space, with upstream companies leading the trend with technology that improves efficiency, cuts costs and boosts margins.
Viewpoint: The opportunity for greater growth and value—Considerations for crude-to-chemicals projects
Industry players are focused on upgrading to higher-growth, higher-value chemical products.
Africa: Troubled Nigerian refineries hamper petrochemicals growth
Nigeria’s petroleum industry has had its fair share of upheavals, ranging from insecurity that hampers upstream operations to low global oil prices that constrain midstream and downstream investments.
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.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
