Economics
HP Industry Metrics
Refinery utilization rates in the US, encouraged by the high driving season demand, continued to rise following the end of the heavy maintenance season. Regional demand in Asia continued lending suppo..
US liquefaction projects to drive global expansion of LNG trade
Hydrocarbon Processing spoke to Andrew Slaughter, executive director for the Deloitte Center for Energy Solutions, about the state of the LNG industry and how trade patterns and project slates could change in the upcoming years.
HP Reliability: Trends from the 2015 AFPM Maintenance and Reliability Conference
Over the decades, there have been good and not-so-good trends presented at this event, and the 2015 maintenance and reliability conference was no exception.
HP Global: Investment in Egypt’s downstream on the rise
Egypt is adopting a mix of investment strategies in refinery upgrades and construction of new capacity to meet the nation’s target for more high-quality light and middle distillate products and a reduction of transportation fuel imports.
HP Petrochemicals: Higher international sales boost 2015 earnings above forecast for many chemical leaders
Raw materials costs continue to stay low in the US thanks to the shale boom, but the global decline in oil markets has eroded selling prices for many of the nation’s domestic chemicals and plastics producers.
HP Viewpoint: Advice for the downstream: Keep the faith
Charles Drevna is a distinguished senior fellow of the Institue for Energy Research and the former president of AFPM. He was president of the trade association, formerly known as NPRA, from 2007 until May 2015.
China’s CNOOC begins exports of gasoline, diesel
China National Offshore Oil Corp (CNOOC) has received government approval to begin international exports of diesel and gasoline cargoes in early May.
Maximize energy recovery with small steam turbines
Using smaller turbines (50 kW to 300 kW) can aid system efficiency and help conserve energy. We investigate examples in which the application of smaller steam turbines provided return on investment within two years.
Lubrication update for rotating equipment
API-610 is the most widely used pump standard in the petrochemical and refining industries. It includes experience-based recommendations for lubricant applications and one of those recommendations rel..
Improve relief-device sizing under supercritical conditions
Properly sized relief devices under supercritical conditions are vital to processing natural gas and gas condensates into olefins. These processes operate near the critical locus of the process gases ..
- Lummus and Sumitomo Chemical announce commercial availability of PMMA chemical recycling technology 2/4
- ExxonMobil ceases production at Fife ethylene plant 2/4
- Vietnam's Binh Son refinery signs energy MoUs with U.S. partners 2/4
- European oil refinery maintenance to rise in March 2/4
- Poland's Gdansk refinery plans cyclical maintenance from month-end 2/4
- China's Nanshan Group plans 100,000-bpd refinery in Indonesia 2/4
