Europe

History of the HPI: The 1990s: Clean fuels and emissions mitigation, M&A, GTL and the fieldbus wars

Nichols, Lee, Hydrocarbon Processing Staff

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.

Industry Perspectives

Nichols, Lee, Hydrocarbon Processing Staff

In 1H 2022, new capital projects have declined 19% vs. 1H 2021.

Maire Tecnimont wins contracts for approximately $96 MM

Maire Tecnimont announced that its subsidiaries Tecnimont and Stamicarbon have been awarded several new contracts and order variations for licensing, engineering services and EPC activities for an overall value of approximately $96 MM.

High fuel prices could erode public support for energy transition, Chevron CEO says

Europe's plan to double down on renewable fuels in response to rising fuel costs could have the unintended short-term effect of increasing prices and slow down the energy transition, Chevron Corp Chief Executive Michael Wirth said.

Croatia ready to increase Adriatic oil pipeline capacity, Hungary says

Croatia is ready to increase the capacity of the Adriatic oil pipeline to supply Hungary and Slovakia with crude in case of any disruptions to imports from Russia via the Druzhba pipeline.

Oil tops $120 a barrel on Saudi pricing despite OPEC+ deal

Oil prices were largely unchanged after choppy trade on Monday, buoyed by Saudi Arabia raising its July crude prices but amid doubts a higher output target for OPEC+ oil producers would ease tight supply.

Norway oil and gas workers threaten strike, some crude output at risk

At least 647 Norwegian oil workers plan to strike from June 12 if state-brokered wage mediation fails, putting some crude output at risk of shutdown although gas may not be affected.

Slovakia says hardest hit by Russia oil sanctions, expects solidarity

Slovakia said on Friday it would be hardest hit by European Union sanctions on Russian oil and it expected solidarity from Brussels to mitigate the impact.

Industry Perspectives: Hydrocarbon Processing’s Mid-Year Update webcast to be held in late June

Nichols, Lee, Hydrocarbon Processing Staff

Over the past several years, the hydrocarbon processing industry (HPI) has been engaged in a whirlwind of peaks and valleys.

History of the HPI: The 1970s: Crises, clean air, plastic bottles and the DCS

Nichols, Lee, Hydrocarbon Processing Staff

The 1970s were marked by several historical events that affected not only the hydrocarbon processing industry (HPI) but nations around the world.