Environment
Industry Perspectives: The Main Column—Hydrocarbon Processing's new podcast series
In December 2019, <i>Hydrocarbon Processing's</i> launched its new podcast series: The Main Column. The podcast series will feature the latest in hydrocarbon processing industry (HPI) trends, technology developments, engineering and operations.
Executive Viewpoint: Fuels and petrochemicals will continue to help humanity thrive
A 15-yr rise in U.S. exports of refined products continued in 2019 with the nation exporting more than ever, underscoring the importance of these products to fueling a growing world. In the latter half of the last decade, U.S. petrochemical production capacity increased—with more than $20 B invested in domestic petrochemical projects in the last 2 yr alone—and exports of petrochemicals and petrochemical feedstocks rose, as well.
Editorial Comment: Adopting digital technologies to enhance operations
What is the future of refining and petrochemical operations? One trend that has been the focus of many articles, whitepapers and conference presentations is the digital transformation of the hydrocarbon processing industry (HPI).
Project Management: How human intelligence and AI are driving project planning in the oil and gas industry
The science of project planning has something of a tenuous reputation. How often do large oil and gas capital expenditure (CAPEX) projects really come in according to plan? Almost never. Indeed, 30% of respondents to a 2018 PWC survey said they had experienced cost overruns of 10%–50% on their Middle East capital projects.
Cybersecurity visibility and resilience: Keys to protecting HSE/margins in operations
As digitalization accelerates in today’s downstream refining and petrochemical facilities, operators need to stay ahead of ever-growing cyber vulnerabilities in the operational technology (OT) layer—prime targets for threat actors—that may not be covered by traditional IT safeguards. Unfortunately, too often, that is not the case for a variety of reasons.
Brazilian developments in the biofuels market
Since the 1970s, Brazil has been a world reference in automotive biofuels, especially bioethanol produced from sugarcane. In 1973, the Organization of the Petroleum Exporting Countries (OPEC) forced a sharp rise in oil prices, triggering a massive slowdown in the country’s economic growth, which had been going through what was dubbed the “economic miracle,” with growth at an average of 12% of GDP. This study gives an overview of the biofuel sector in Brazil, along with the main business challenges and opportunities in this area.
Circular economy: Getting in the door of opportunity ahead of a vanishing polymer market
Significant change is coming to the hydrocarbons industry. Up to 43% of the global conventional polymer production expected by 2040 may disappear due to circular economy (CE) initiatives. In addition, due to the growth in wind turbines and solar panels, and in lightweight composite materials in cars and planes, advanced materials waste is just beginning.
Onsite
Business Trends: EPC 2030: Five vital characteristics that will define the EPC firm of tomorrow
The state of the global engineering, procurement and construction (EPC) industry can accurately be described as “challenging.” Operating in an environment of volatile, uncertain, complex and ambiguous conditions, EPC firms are facing unsustainable levels of stress.
Industry Perspectives: Petrochemicals surge despite possible future roadblocks
Over the past several years, investments in petrochemicals capacity additions have skyrocketed. Hundreds of billions of dollars have and will be invested in additional petrochemicals units and complexes.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21