Economics
HP Control: What’s new with FOUNDATION Fieldbus―Part 2
Remote operations management (ROM)—management of automation assets and resources that are geographically dispersed—is one of the fastest growing segments of the process automation business (..
HP Editorial Comment: The last word
Throughout this year, Hydrocarbon Processing (HP) has investigated the last 90 years of the hydrocarbon processing industry (HPI) through its monthly editorial, Insight. The HPI has a rich history; th..
HP Brief: Brief
Gulf Coast hydrogen pipeline unveiledAir Products recently completed its 600-mile Gulf Coast Connection Pipeline (GCCP) project and also started up operations at a dynamic customer service center.The ..
HP Impact: Production of biofuels made from algae poses sustainability concerns
Scaling up the production of biofuels made from algae to meet at least 5% (approximately 39 billion liters) of US transportation fuel needs would place unsustainable demands on energy, water and nutri..
HP Impact: US energy independence vs. energy security
The Deloitte Center for Energy Solutions recently released a report, “Energy independence and security: A reality check,” which examines whether or not energy independence is necessary to ac..
HP Impact: Scottish distillers jump on natural gas bandwagon
The excitement about natural gas as a useful industrial tool has spread to the Scottish countryside. A collection of whisky distillers in the Speyside area of Scotland plans to invest £7.6 MM to ..
HP Forecast: HPI Market Data 2013 Executive Summary
ENERGY TIME: CHARTING A COURSE FOR THE FUTUREThe hydrocarbon processing industry (HPI) is a global business with a 100-year history. Much has changed since the early days when crude oil was stripped t..
South America: Argentina
For nine consecutive years (2003–2011), the Argentinean gross domestic product (GDP) continued to increase at an impressive annual rate of 7% to 8%. However, this trend was expected to change in ..
Europe: Germany
The German chemical industry has an outstanding position inside Europe. Nearly 25% of chemical product sales in the European Union (EU) are by German chemical companies. Ranking behind China, the US a..
Asia: China
The International Monetary Fund (IMF) announced in its January 2012 “World Economic Outlook” that the global GDP growth rate was 3.8% in 2011. However, Asian-Pacific nations bucked this tren..
- U.S. labor board judge rules Exxon's Texas refinery union lockout was legal 11/28
- U.S. crude stocks fall, gasoline and distillate inventories rise 11/28
- Maersk could use 15%–20% alternative fuels for its fleet in 2030 11/28
- Germany's BSW pushes to restore Russian oil to Schwedt refinery, seeks regional legitimacy 11/28
- Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs 11/28
- Singapore distillates stocks tick up for fifth week 11/28