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 1970s were marked by several historical events that affected not only the hydrocarbon processing industry (HPI) but nations around the world.
Greenhouse gas emissions occur alongside an inflection point for global refined product consumption. Since the 1850s—when the first oil refineries were constructed—the world has changed dramatically as refined product demand has continued inexorably upward.
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.
This two-part article will cover the seven pathways to decarbonizing the oil and gas and petrochemical industries.
One of the challenges in the operation of air cooled heat exchangers (ACHEs) is to decide whether or not to operate under natural convection.
New capital project announcements are down 27% in 1Q 2022 vs. 1Q 2021.
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.