Refining
Benchmark oil, gas prices poised for divorce
In the global HPI, changing market dynamics are putting a premium on petrochemical and refining units that can crack ethane.
The psychology of energy pricing: A look at market behavior during oil shocks
A review of the energy price shocks of the 1970s and 2000s shows the range and extent to which fundamental and technical factors may influence oil market sentiment.
The military and the hydrocarbon: A love affair of over 100 years
The relationship between the military and the petroleum industry dates back to the years before World War I (WWI), when the US and British navies started to switch from coal to oil as a fuel source. M..
Largest hydrocracker in China
Refiners are leveraging hydrocracking to respond to momentum in global dieselization, with crude prices forcing refiners to process distressed crudes and difficult feedstock.
HP Brief
Air Liquide starts up SMR in La Porte, TexasAir Liquide recently celebrated the formal startup of a new steam methane reformer (SMR) in La Porte, Texas. The 120 million scfd of gaseous hydrogen (H2) p..
HP Impact: E15 ethanol fuel can damage auto engines
Auto repair costs for consumers could rise due to adverse effects of fuel containing 15% ethanol blends (E15), according to new results from a two-year study on engine durability.The study was conduct..
HP Associations: HPI mulls technical innovations at IRPC in Milan, Italy
The third annual International Refining and Petrochemical Conference (IRPC) opened its doors in mid-June, bringing record crowds to Milan, Italy, as leading downstream players shared and debated new h..
HP Construction: North America
Air Liquide Large Industries U.S. LP has started up a new steam methane reformer (SMR) in La Porte, Texas, just east of Houston. The 120 million scfd of gaseous hydrogen produced by the SMR will feed ..
HP Construction: Asia Pacific
A groundbreaking ceremony has taken place for Evonik’s new hydrogen peroxide (H2O2) plant in China. The plant is scheduled to go online, with a production capacity of 230,000 metric tpy, at the e..
HPI major events and trends, 1920s to present
1920s: THE FORMATION OF THE MODERN HPIDuring this period, a new industry was evolving focused on the refining of crude oil into fuels and other products. New demand for crude oil-based products, such ..
- Fertiglobe, Covestro and TA’ZIZ sign MoU to explore strategic ammonia collaboration 2/9
- S-Oil signs nearly $4-B PE marketing deal with SABIC 2/9
- Indonesia's Pertamina launches $7-B natural resources processing initiative 2/9
- Digital Exclusive: Innovative grassroots CDU-VDU configuration—Pioneering energy efficiency and net-zero pathways in modern refineries 2/9
- Update: Union agrees to U.S. refineries contract, averting nationwide strike 2/9
- Schneider Electric unveils EcoStruxure™ Foxboro software defined automation 2/9
