Diesel
Extended vapor cloud analysis methodology—Part 2
The Buncefield explosion in the UK was the worst post-World War 2 fire/explosion incident.
Details on high-impact refining and petrochemical projects presently under construction, as chosen by HP editors and readers
The global hydrocarbon processing industry (HPI) continues to expand and modernize to efficiently meet growing demand for energy, transportation fuels and petrochemicals.
Industry Perspectives: IMO 2020—What is your say?
In 2020, new International Maritime Organization (IMO) marine fuel regulations will go into effect.
Europe: Russia to fight for global oil products market despite sanctions pressure
Russia plans to significantly increase its oil products to foreign markets, despite the ongoing pressure of Western sanctions and the complex situation in the country’s domestic refining industry, according to recent statements by representatives of Russia’s leading oil corporations and senior officials of the country’s Ministry of Energy.
Conceptualizing a mega-integrated refinery and petrochemical complex: A case study
<i>Integration</i> is the new keyword for sustainability and profit in today’s oil and gas market scenario.
Industry Perspectives
As mentioned in the editorial comment of the October issue of <i>Hydrocarbon Processing,</i> the nominees for the 2018 Top Project awards are out.
Viewpoint: Reducing the sulfur shadow— Who pays the price?
The International Maritime Organization’s (IMO’s) 2020 regulation has been described as the most disruptive change to impact the oil industry in the past 30 yr.
Risk: Measuring margins—Avoiding complacency when the market is stable
When top oil marketer Geneva Energy Markets LLC liquidated its trading book holding<sup>1</sup> “millions of barrels of open interest across crude oil, refined products and natural gas,” managing partner Mark Vonderheide emphasized the pressures and potential damage of new market regulations.
Industry Perspectives: Refining’s real growth is through secondary unit capacity
According to multiple industry reports, the global refining sector will add between 7 MMbpd and 8 MMbpd of new crude distillation unit (CDU) capacity by the early 2020s.
Industry Metrics
US margins recorded losses as crack spreads declined for all products except fuel oil, despite lower refinery crude intakes.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
