Americas
Industry Perspectives
Petrochemicals and gas processing/LNG sectors see largest increase in new projects.
Global Project Data
According to Hydrocarbon Processing’s Construction Boxscore Database, nearly 450 downstream projects are under construction around the world.
Simplification reduces risks and cuts costs
A facility’s ability to operate safely is the determining factor in its success or failure.
Refining: Winning strategies for oil producers
The prospect of peak oil demand will put pressure on resource-rich national oil companies (NOCs).
Editorial Comment
Each May, Hydrocarbon Processing focuses on the topic of maintenance and reliability.
Global Project Data
According to Hydrocarbon Processing’s Construction Boxscore Database, Asia, the Middle East and the US contain 66% of all active downstream construction projects globally.
Industry Perspectives
Over the past several years, new gas processing/LNG capacity has surged in nearly every region.
Advanced steam system optimization program
The steam system forms an integral part of the safe, reliable and profitable operation of a process plant. Steam constitutes approximately 30% of the energy used in a typical petroleum refinery.
Innovations
Ross Systems and Controls (SysCon) recently completed the qualification to self-certify its touchscreen purged panels as meeting the rigorous standards of Underwriters Laboratories’ UL-698A Code and the National Fire Protection Association’s NFPA-496 Code.
Global Project Data
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database and <i>HPI Market Data 2018,</i> total capital expenditures (CAPEX) in the global petrochemical sector are more than $440 B.
- OMV receives €450-MM loan from the European Investment Bank for its 140-MW green hydrogen production facility 7/13
- Poland's Unimot says it will supply crude to Germany's Schwedt refinery 7/13
- Hormuz traffic slows to two-month low as renewed U.S., Iran strikes raise safety risk 7/13
- Sinopec deepens aviation fuel push with CNAF restructuring 7/13
- Indian naphtha premiums surge as Gulf, Russian supply tightens 7/13
- Less than a month's supply: Europe's jet fuel stocks are wafer thin as Iran tensions flare 7/13
