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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

Hydrocarbon Processing Staff: Rhodes, Mike

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..

Shale gas drives new opportunities for US downstream

Technip Stone & Webster Process Technology: Maller, A.  |  Dharia, D.  |  Gbordzoe, E.
Axens: Lambert, N.

This shift to lighter feeds for the SC will reduce the future availability of other petrochemical feedstocks—in particular, propylene.

HP Editorial Comment: Alternative energy?

Hydrocarbon Processing Staff: Romanow, Stephany

Alternative energy is a point-of-reference term. Natural gas is an alternative energy resource for transportation fuels. As more natural gas resources are developed, natural gas is displacing coal as ..

HP Industry Metrics

Recent declines in oil pricing and the associated volatility in future pricing has created a difficult forecasting environment. Other factors are causing deviations, especially with regard to the resp..

Motiva halts diesel expansion at top US refinery

“Motiva routinely adjusts our business plans, based on company needs and evolving state and federal regulatory requirements at any given time," a company spokesman said.

US petroleum demand surges to seven-year high

According to API’s November monthly statistics report, total US petroleum deliveries increased 1.9% from November 2013 to average 19.9 MMbpd, the highest level for the month in seven years.

Replan: Modernizing Brazil’s largest crude oil refinery

Petrobras: Perissé, J. B.

The project included installing two hydrodesulfurization (HDS) units for the cracked naphtha produced by two catalytic cracking units, a coker naphtha hydrotreating (HDT) unit, and a catalytic reforming unit.

HP Viewpoint: US shale revolution set to spill over into downstream

Deloitte LLP: England, J.
Deloitte Services LP: Mittal, A.

The US shale boom is rapidly changing from an upstream story to a broader energy evolution with increased margins migrating to midstream and, more particularly, to downstream. In downstream oil, disco..

HP Forecast: 2015 downstream forecast reaches all-time high

Hydrocarbon Processing Staff: Romanow, Stephany  |  DuBose, Ben  |  Blume, Adrienne

In 2015, the HPI’s capital, maintenance and operating budgets are expected to exceed $324 B. Global announced project spending continues to surge to satisfy increasing demand for petroleum products.