Economics
How to select compressors for various process services
Every style or type of compressor was developed to serve a particular process purpose. Collective references have devoted hundreds of thousands of pages on this topic. Two books have attempted to summ..
HP Automation Strategies: Embedded virtualization in process automation systems
An earlier ARC Advisory Group column dealt with server-level virtualization in Collaborative Process Automation Systems (CPAS), the company’s process automation system model. Here, we will addres..
HP Boxscore Construction Analysis: 2014 global construction year in review: 72% growth in new projects
According to Hydrocarbon Processing’s Construction Boxscore Database, new project announcements have climbed to over 500 in 2014. This represents a 72% increase in new project announcements over ..
HP Engineering Case Histories: Case 82: Be cautious when purchasing ‘first of kind’ equipment
What is the definition of “first of kind” when discussing equipment and products? The definition used in this editorial is the “first built for your company,” and it can often have..
HP Reliability: Trends from Texas A&M’s 43rd Turbomachinery and 30th Pump Symposia
Many HP readers are very familiar with the Texas A&M Turbomachinery (TAMU Turbo) and Pump Symposia events. The Houston-based 2014 forum, held Sept. 21–25, set new records in both attendance and n..
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..
- 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
