Americas
HP News
Qatar Petroleum and Shell cancel $6.5-B petrochemical project in Qatar Royal Dutch Shell and Qatar Petroleum (QP) have canceled the $6.5-B Al-Karaana petrochemical project in Qatar, which will signifi..
HP Industry Metrics
Mid-January saw the continued decline of monthly average Brent crude oil prices, which fell $17/bbl from November to a monthly average of $62/bbl. The continual price decrease reflects US tight oil pr..
HP People
ABB’s board of directors unanimously nominated Peter Voser to succeed Hubertus von Grünberg as chairman.
Multi-faceted approach on energy efficiency methods
The hydrocarbon processing industry (HPI) is a high-energy-consuming business. After cost for feedstocks, energy is the next largest operating expense for an HPI facility. Since the first oil embargo ..
US safety board identifies weak refining standards in Chevron fire review
The US agency found shortcomings in industry standards related to comprehensive inspection, effective facility upgrades, and the need for minimum safety requirements.
BP to cut Houston jobs, reduce US Gulf business
This announcement follows job cuts at Houston-based oil field service giants Schlumberger, Halliburton and Baker Hughes, which have announced a combined 17,000 employee layoffs in recent weeks.
Petrobras develops new FCCU technology to capture CO2, cut emissions
Company officials at Petrobras say this is the first pre-industrial scale FCCU to use oxy-combustion technology to capture CO2 released by industrial processes in refineries.
Methanex starts production at new Louisiana plant relocated from Chile
Methanex has successfully produced the first methanol from its new 1.0 million-tpy plant in Geismar, Louisiana. The plant was relocated from the company's production site in Punta Arenas, Chile.
Petrobras lifts annual processing volume to record at Brazilian refineries
The average volume processed was 2.1 million bpd of oil, up 34,000 bpd (1.7%) from the previous record, set in 2013. Petrobras also achieved a number of monthly records at its refineries.
Matheson to supply gases for new Sasol cracker
Matheson has entered into an agreement with Sasol to supply tonnage oxygen and nitrogen to Sasol’s world-scale ethane cracker, which is part of an$8.1 billion expansion in Lake Charles, Louisiana.
- 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
