Petrochemicals rise in prominence and new know-how in refining processes
During the 1960s, the global refining and petrochemical industries witnessed new processes and products that enhanced the daily lives of millions of people around the world.
In January 2021, Gulf Energy Information—publisher of Hydrocarbon Processing and Gas Processing & LNG—launched H2Tech. This technical publication focuses on the latest technologies, trends, capital investments and know-how that are shaping the global hydrogen market.
Among the dominant, far-reaching themes within the global refining and petrochemicals industries are the increase in biofeedstocks processing to produce biofuels and greener petrochemicals, the continued push towards clean fuels production, regulations and initiatives to adhere to net-zero emissions targets, and a surge in capital investments to build renewables and sustainable aviation fuels (SAF) plants.
The following is a mixture of technical articles, columns and headlines published in the 1950s by Petroleum Refiner, the forerunner to Hydrocarbon Processing.
The 1950s marked an evolution in the use of oil by nations around the world.
New capital project announcements are down 27% in 1Q 2022 vs. 1Q 2021.
This year, Hydrocarbon Processing is celebrating its 100th anniversary. Throughout this year, the editors are publishing excerpts from past issues.
Although most forecasts show global oil demand leveling off within the next decade, nearly all forecasts show a surge in petrochemicals consumption to 2050.
Gulf Energy Information’s Global Energy Infrastructure database is tracking nearly 1,100 projects around the world, totaling more than $1.8 T in active capital project investments.