Americas
HP Industry Metrics
Global product markets and refinery margins, particularly in the US, have seen steady improvement since January. Worldwide gasoline demand has soared in recent months in both OECD and non-OECD regions..
Safety and environmental updates for HPI storage tanks
   © leungchopan—Shutterstock.com Storage tanks are common in any hydrocarbon processing industry (HPI) facility or receiving/shipping terminal. Crude oil, refined produc..
Profits surge for US refiner Marathon Petroleum on strong crack spreads
Marathon's refining and marketing segment posted income from operations of $1.32 billion in the first quarter of 2015, compared with $362 million a year earlier. The increase was primarily due to higher US Gulf Coast and Chicago crack spreads and lower turnaround and other direct operating costs,
Phillips 66: Weaker NGLs trump refining strength
The NGL market environment negatively impacted results for Phillips 66, leading to lower earnings despite a significant increase within the company's refining business.
Chevron’s downstream business soars on higher refined product margins
“Downstream operations were strong, benefitting from lower feedstock costs and improved refinery reliability," said Chevron CEO John Watson.
FS-Elliott opens new US compressor service hub
FS-Elliott’s service center houses the global services group, a team of professionals responsible for providing a full portfolio of support including remote technical assistance, operation and maintenance training, and performance upgrades designed to further improve machinery operation.
OSHA to require new chemicals labeling system beginning this June
Starting June 1, OSHA will put in effect a new Globally Harmonized System of Classification and Labeling of Chemicals (GHS) standard. The new standard will improve communication of safety concerns and handling instructions.
Schneider Electric acquires LimeWare foxray software for automation
Schneider Electric's acquisition of LimeWare provides foxray software to help customers pinpoint and address critical industry challenges, the company said.
Specialty chemicals firm Solenis opens new world headquarters in Delaware
The headquarters will accommodate 120 employees supporting a variety of corporate functions for the specialty chemicals company, which was previously known as Ashland Water Technologies.
CERAWeek ’15: GE leader sees strong momentum for small-scale LNG
Hasan Dandashly, president and CEO of Downstream Technology Solutions for GE Oil and Gas, spoke to us about the role of small-scale LNG in the evolving natural gas marketplace and the opportunities for implementing small-scale gas processing in different world regions.
- IHI, Vopak to launch ammonia terminal project in Japan 7/11
- India's BPCL plans to shut Bina refinery unit for 15-day maintenance in August 7/11
- Soaring electric truck sales deal new blow to diesel use in China 7/11
- Russia`s Tatneft launches new hydrocracking unit on TANECO refinery 7/11
- IEA: Global oil market may be tighter than it looks 7/11
- India must boost its petchem output to counter China's dominance, Reliance says 7/11
