Industry Perspectives: Our readers’ mindset while working from home
In the May issue of Hydrocarbon Processing's, the editors proposed a two-part question to gauge how our readers were adjusting to “working-from-home” initiatives put in place due to the COVID-19 virus.
Business Trends: Managing risk and uncertainty: The importance of optimizing your value chain
No doubt exists that COVID-19 is disrupting the oil and gas industry. Oil prices are falling, demand is down, supply is up, and storage capacity is limited. In these difficult times, the industry must swiftly act to keep business viable to come back strong when conditions improve.
Industry Metrics
Refinery margins in the U.S. Atlantic basin rebounded. Deeper refinery intake cuts, as well as the low feedstock price environment, helped offset unappealing demand-side signals.
Global Project Data
Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly 1,600 projects around the world.
Construction
A JV between Equatorial Guinea’s Ministry of Mines and Hydrocarbons and Marathon Oil plans to build a modular refinery on Bioko Island.
Innovations
Sphera has released a new Interactive piping and instrumentation diagram (P&ID) solution that helps organizations break down silos between their operations, maintenance and engineering departments while simplifying isolation planning.
People
The Marathon Petroleum Corp. board of directors has elected John P. Surma to serve as non-executive Chairman.