Economics
HP Viewpoint: Refining industry developments—Growing opportunity and uncertainty
The U.S. has seen a dramatic change in energy production in just a relatively short period. Crude oil output has increased by about 55% in the last five years, according to data from the Energy Inform..
HP Industry Perspectives: New development for drop-in fuels
Future fuels must have a unique “drop-in” capability. They must also be compatible with present vehicle engines and fungible within the distribution system. Finding alternatives to corn-base..
HP News
IChemE awards highest professional honor to Shell The Institution of Chemical Engineers (IChemE) awarded its highest honor to Shell in recognition of the company’s worldwide skills and profession..
Global refining: What is the future?
Demand for transportation fuels will continue to increase over the next 15 to 25 years. These fuels will still be primarily based on crude oil. Developing nations are driving growing demand for energy..
Economic drivers point to strong E&C growth
Fundamentals suggest that the industry business climate for most downstream engineering and construction companies (E&C) will remain strong for the foreseeable future.
Update on secondary seals for fluid machines
Elastomer-based O-rings are used as secondary sealing components in millions of fluid machines. Although O-ring seals are primarily intended for fluid containment between different but nonrotating com..
Triple-offset valves offer advantages in emergency services
Liquid hydrocarbon storage facilities have used triple-offset valves (TOVs) in traditional tank farm applications for decades. Due to more stringent health, safety and environment (HSE) requirements, ..
Innovative modeling of heavy crudes provides competitive advantages
The increase in heavy crude production, together with the diversity of heavy crude characteristics and sources, leads to technical challenges in accurately predicting production and refining process performance.
How are leading organizations implementing operational excellence?
ExxonMobil did not devote four full pages to operational excellence (OE) in its 2012 annual report because they had nothing else to talk about, but rather because they viewed it as one of their five k..
Use information management tools to support best practices and increase reliability
The recently published ISO 55000 series of standards aims to promote best practices in asset management. Other goals of this standard include: achieving tangible benefits through the effective managem..
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