Construction
Business Trends: Rethinking the refining and petrochemicals industries
Crude oil has been the fundamental element of transportation fuel for many decades.
Industry Perspectives: New petrochemical projects flat year-over-year
New perochemical project announcements plateaued year-over-year (y-o-y), according to data from <i>Hydrocarbon Processing’s</i> Construction Boxscore Database.
Leveraging modern flow technologies to improve safety in refineries
The refining industry is facing increased pressures, such as crude oil supply changes, changing product distributions and increasing regulations. These pressure points create a highly competitive market where refiners are looking for options that include digitally transforming operations and adapting new technologies to enhance safety and improve uptime, flexibility and efficiency, while securing their competitive position in a dynamic market. Improving personnel and process safety remains a top focus area for refiners.
Managing dark data and visualizing your digital twin
Today’s tools are often specialized for a certain type of task; however, they often lack the connectivity that would enable the easy comparison and cross-reference of asset information. Engineering tools are well suited for design and build phases, but may be less suited for use in operations and maintenance.
Construction
Nigeria LNG (NLNG), a consortium comprised of Nigerian National Petroleum Corp. (NNPC), Shell, Total and Eni, has greenlighted the expansion of the Bonny Island LNG terminal.
Global Project Data
<i>Hydrocarbon Processing's</i> Construction Boxscore Database is tracking more than 1,430 projects around the world.
Business Trends: Global LNG projects to compete with pipeline gas
Expanding LNG supply worldwide will continue to dominate the changing landscape of the natural gas industry and gas trade. By 2040, LNG is expected to account for more than 15% of global gas consumption, after overtaking interregional pipeline deliveries in the late 2020s.
Industry Perspectives: The Main Column—Hydrocarbon Processing's new podcast series
In December 2019, <i>Hydrocarbon Processing's</i> launched its new podcast series: The Main Column. The podcast series will feature the latest in hydrocarbon processing industry (HPI) trends, technology developments, engineering and operations.
Editorial Comment: Adopting digital technologies to enhance operations
What is the future of refining and petrochemical operations? One trend that has been the focus of many articles, whitepapers and conference presentations is the digital transformation of the hydrocarbon processing industry (HPI).
Project Management: How human intelligence and AI are driving project planning in the oil and gas industry
The science of project planning has something of a tenuous reputation. How often do large oil and gas capital expenditure (CAPEX) projects really come in according to plan? Almost never. Indeed, 30% of respondents to a 2018 PWC survey said they had experienced cost overruns of 10%–50% on their Middle East capital projects.
- OCI Global completes $1.9-B sale of OCI Methanol to Methanex Corporation 6/30
- Partnership for sustainability: Pekutherm and POLYVANTIS launch circular economy initiative 6/30
- Univation Technologies and C3 AI collaborate to deliver enterprise AI solutions for advanced predictive maintenance across the global petrochemical industry 6/30
- Lloyd’s Register signs strategic collaboration with DAI Infrastruktur for green ammonia Project Ra 6/30
- Alleima expands product portfolio for the urea industry with SAF™ 2906 6/30
- UK's Lindsey oil refinery insolvent, 420 jobs at risk 6/30
