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Equatorial Guinea plans to invest $1 B to build several energy projects, including the construction of two new refineries, each with a capacity of 30,000 bpd–40,000 bpd, as well as oil storage facilities, a methanol-to-gasoline plant and an LNG expansion project.
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 1,430 projects around the world, representing nearly $1.9 T in capital expenditures.
Business Trends: EPC 2030: Five vital characteristics that will define the EPC firm of tomorrow
The state of the global engineering, procurement and construction (EPC) industry can accurately be described as “challenging.” Operating in an environment of volatile, uncertain, complex and ambiguous conditions, EPC firms are facing unsustainable levels of stress.
Industry Perspectives: Petrochemicals surge despite possible future roadblocks
Over the past several years, investments in petrochemicals capacity additions have skyrocketed. Hundreds of billions of dollars have and will be invested in additional petrochemicals units and complexes.
A new liquid-phase isomerization process for xylene loop debottleneck and energy savings
In a typical xylene loop, C<sub>8</sub> aromatics are fractionated out of a heavy reformate C<sub>8</sub>+ aromatics stream and collected in the xylene column overhead. Then, paraxylene (PX) from the C<sub>8</sub> aromatics stream is recovered as product—usually by an adsorption or crystallization process—in the PX recovery section.
Can ammonia be a future energy storage solution?
Ammonia is well known as a fertilizer. However, it is also a potential carbon-free fuel and an excellent solution for storage of renewable electricity, especially if the syngas needed for producing the ammonia is made by electrolysis.
Business Trends: The ins and outs of construction contracts
Industrial construction projects are becoming larger and more complex, with shorter schedules. To meet these challenging requirements, such construction projects are often executed by multiple entities located in different countries that may have different business objectives.
HP Top Project Awards
The editors of <i>Hydrocarbon Processing</i> have identified nine projects that are anticipated to significantly impact the global or regional downstream industries. The winners and nominees of the HP Top Project awards will have a considerable impact on the HPI, whether through CAPEX, satisfying domestic or regional demand, diversifying product offerings, or adding to the resurgence in refining and/or petrochemical processing capacity.
Surviving turbulent times requires deep management changes
The Stone Age did not end due to a stone shortage. The Conventional Oil Age was not eclipsed by vanishing traditional oil and gas resources. The Shale Revolution unleashed an era of abundant, new unconventional oil and gas supplies.

- Sumitomo Chemical achieves scale-up of its process for producing propylene directly from ethanol 8/20
- EcoCortec, Jakob Schober GmbH awarded sustainability award for closed-loop circular films solution 8/20
- Czech refinery outage forces Orlen Unipetrol to seek state help to meet diesel demand 8/20
- China’s Sinopec Shanghai Petrochemical first half profit slides 8/20
- Major South Korean petrochemical firms and production 8/20
- Vioneo awards Lummus polypropylene contract for world's first industrial scale fossil-free plastics from green methanol facility 8/19