Economics
HP Integration Strategies: HPI needs to develop standards for asset information management
ARC Advisory Group’s 15th Annual World Industry Forum in Orlando, Florida, Feb. 7-10, 2011, attracted more than 650 participants, representing 250 different organizations from 20 different countr..
HPIn Europe: Nervous Petroleum Week crowd thinks the geopolitically unthinkable
These are nervous times in energy markets and on the bridges of oil tankers. Things are going belly up for oil users (which is everyone). And, as I fly home from International Petroleum (IP) week in L..
HP Construction: Inauguration of the Ras Laffan Olefins Co. (RLOC) Cracker, Qatar
A joint venture between Qapco1 (63.63%), Total Petrochemicals France (36.36%) and QP (Qatar Petroleum)2 (0.01%) was established in June 2002 to implement the Qatofin project. This project includes participation in one of the world’s largest ethane crackers in Ras Laffan, a linear-low-density polyethylene (LLDPE) plant in Mesaiseed and the related ethylene pipeline linking both sites.
Innovation drives new catalyst developments
Future challenges in environment and product specifications involve more sophisticated catalyst systems
Global demand for catalysts to exceed $17 billion in 2014
World demand for chemical synthesis, petroleum refining and polymerization catalysts will rise 6%/yr to $17.2 billion in 2014, reflecting a combination of healthy volume and price growth from a weak 2..
Rare earth dilemma forces catalyst changes
The success from catalysts depends on its structure and composition. Tremendous research has been devoted in fine-tuning the melding of structure and raw material makeup to provide efficient catalyst ..
Shell sells Stanlow refinery to Essar Oil (UK)
Shell has signed a sales and purchase agreement for its 270,000 bpd Stanlow refinery in the UK and certain associated local marketing businesses with Essar Oil (UK) Ltd. for a total expected consideration of some $1.3 billion. Today’s announcement follows a formal offer Essar made for Stanlow in mid-February.
ExxonMobil opens Shiogama terminal in area affected by earthquake, tsunami
ExxonMobil Japan Group has reopened its Shiogama terminal, enabling delivery of increased fuel supplies into the Tohoku area of Northeast Japan, which was affected by the March 11 earthquake and tsunami.
Shaw issues statement on events in Japan
"On behalf of all Shaw employees around the world, I give our deepest sympathy to the people of Japan. This is an extraordinary tragedy, and we can only imagine how painful and challenging this time is for everyone in the country," said J.M. Bernhard Jr., Shaw's chairman, president and chief executive officer.
Foster Wheeler and consortium partners sign GES+ contract with Saudi Aramco
Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group together with the subsidiary’s consortium partners comprising A. Al-Saihati, A. Fattani & O. Al-Othman Consulting Engineering Co., (SOFCON) and Saudi Consolidated Engineering Company- Khatib & Alami (SCEC K&A) have signed a contract with Saudi Aramco for the provision of services associated with Saudi Aramco’s General Engineering Services Plus (GES+) initiative for a duration of five years with options available for extensions.
- 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