In late September, Hydrocarbon Processing will again host the International Refining and Petrochemical Conference (IRPC) as an in-person event—the technical symposium has been held virtually since early 2021.
As detailed in Hydrocarbon Processing’s History of the HPI series, the modern oil refining industry traces its origin back nearly 170 yr. The industry has not only propelled much of the world to a higher standard of living, but has also created new products and technologies that have extended life expectancies, created modern societies and lifesaving equipment, and revolutionized the way people travel and communicate.
The future is best described in three phases: Drivers for change, current responses and projections.
Much like several initiatives passed in the 1970s and 1980s, the 1990s were a decade heavily focused on environmental issues, with many new regulations being enacted to not only mitigate industrial and vehicle emissions but also to advance the production of clean fuels globally.
Several major impactful events took place in the global oil and gas and petrochemical industries in the 1980s.
One of the most critical aspects of plant operations is controlling the flow of liquids and gases throughout refining and petrochemical process units.
In 1H 2022, new capital projects have declined 19% vs. 1H 2021.
Over the past several years, the hydrocarbon processing industry (HPI) has been engaged in a whirlwind of peaks and valleys.
The hydrocarbon processing industry (HPI) is filled with unique and innovative people that stive to provide technologies, processes and services to better the industry in which they work.