Economics
Editorial Comment: Embracing uncertainty for a better tomorrow
The downstream processing industry is changing.
Adapting and prospering in the energy transition
The energy transition is gathering momentum as pressure from society leads policy makers and investors to demand faster and deeper cuts to carbon dioxide (CO2) emissions from all industrial sectors.
The greening of the downstream industry: A carbon investment case for clean refining
<i>Hydrocarbon Processing</i> was pleased to speak recently with Mark Fonda, Executive Vice President, Engineering and Chief Technical Officer for Meridian Energy Group, which is building two grassroots refineries in the US.
Electric vehicles are coming, but their impact will be evolutionary, not revolutionary
Alternatively fueled vehicles (AFVs) are getting plenty of press these days, but their market penetration is still a long way from critical mass.
Set refinery profitability goals
While the ultimate purpose of operating a refinery is to produce gasoline, diesel or asphalt, key objectives include improving return on investment (ROI), net profitability and cash flow.
Executive Viewpoint: Trends in the global process furnace market
Whether it is heating process fluids to achieve enough temperature in crude atmospheric and vacuum distillation units, or reaction temperatures inside furnace tubes to produce ethylene, vinyl chloride monomer, synthetic gas and continuous catalytic reformer reactors, or simple process heating (thermal fluid), process furnaces play a critical role in refineries and petrochemical complexes.
Risk: Navigating energy volatility: Understanding the principles of commodity risk management
The persistent volatility of energy prices is well known, and sustained price movements have fueled a boom-and-bust cycle in different energy sectors for decades.
Petrochemicals: DME market outlook impacted by clean fuels demand, diesel emissions
As environmental concerns emerging from the incessant consumption of fuels have gripped the attention of global leaders, energy producers have been developing cleaner fuel alternatives for use in domestic and commercial settings.
Editorial Comment: The true essence of optimization
What is the first thing that comes to mind when we hear the word optimization?
Industry Metrics
In the US, continued gasoline–related tightening exerted upside pressure on prices, despite improvement in refinery throughputs as refineries returned online.
- SkyNRG starts construction on its first SAF plant in Delfzijl, the Netherlands 2/13
- India's Reliance wins U.S. license for Venezuelan oil 2/13
- Singapore light distillates stocks hit over 3-yr high on robust imports 2/13
- Three contractors injured at ExxonMobil facility in Beaumont, Texas (U.S.) 2/13
- China's epic renewables boom lifts it into rare clean capacity club 2/13
- TotalEnergies booked loss in France due to refining activities, CEO says 2/13
