Economics
Digital: Cloud-based dynamic simulation models amplify operator training and safety programs
International oil and gas (O&G) and hydrocarbon processing industry (HPI) companies are under great pressure to be profitable.
Viewpoint: Downstream expansions will accelerate needed production growth
Two transformative drivers—global economic growth averaging more than 3%/yr and the world population expanding to more than 9 B by 2040—will have the net effect of adding another India and China to today’s global energy demand.
Asia: Japanese refining moves towards consolidation and increased efficiency
According to recent statements of leading Japanese analysts in the field of refining and the country’s largest producers, the Japanese refining industry is moving towards consolidation and an increase in efficiency.
Editorial Comment: Where some see roadblocks, we see opportunities
In the January issue of Hydrocarbon Processing, the editorial comment focused on the roadmap to advancing ideas.
Business Trends: How plastics waste recycling could transform the chemical industry
If plastics demand follows its current trajectory, global plastics-waste volumes would grow from 260 MMtpy in 2016 to 460 MMtpy by 2030, taking what is already a serious environmental problem to a new level.
Industry Metrics
All main US products performed positively as refinery product outputs declined considerably and led to a fall in inventory levels, fueling bullish sentiment.
FCC operational changes to boost gasoline octane
The fluid catalytic cracking unit (FCCU) is one of the main units providing gasoline with high-octane numbers to the refinery gasoline pool.
Industry Perspectives: What are the opportunities for the global HPI?
In the February issue of <i>Hydrocarbon Processing,</i> our editors provided the results of <i>Hydrocarbon Processing’s</i> survey on the challenges that the downstream processing industry may face this year.
Europe: Russian petrochemicals industry on the verge of large-scale growth
The Russian government has announced its plan to increase the volume of support for its domestic petrochemicals industry over the next several years, with the aim of doubling its production and boosting exports, according to Russian Minister of Energy Alexander Novak and the press service of the Russian Presidential Administration.
How did asset utilization modeling save Sadara $1 B in capital cost?
Sadara is a JV between Saudi Aramco and Dow Chemical.
- China's teapots boost Russian ESPO buying amid record discounts 12/23
- Bahrain's BAPCO sends first diesel cargo to Australia in 2.5 yrs 12/23
- Asia oil floating storage seen declining on lower exports, China buying 12/23
- Gazprom in talks with Hungary's MOL over NIS stake sale 12/23
- Valmet to acquire Severn Group to strengthen Process Performance Solutions segment 12/22
- World’s first dynamic green ammonia plant starts operations in Denmark 12/22
