Economics
HP Innovations
Ingersoll Rand debuted its TURBO-AIR NX 8000 integrally geared centrifugal compressor at the Turbomachinery & Pump Symposia show in Houston, Texas in September.
HP Automation Strategies: APC technology adapts quickly to economic changes
With significant fluctuations in feedstock and energy prices, making economic changes quickly is vital to capitalize on the most profitable assets.
Unload the SRU to reduce operating costs and plugging problems
The SWAATS process can unload SRU capacity and reduce plugging problems and operating costs in a safer and environmentally-friendly way, especially as refiners find rising amounts of ammonia and SWSG.
Central America: A downstream outlook to 2020
Due to the growth in the region’s middle class, Latin America has seen tremendous petroleum products demand growth over the past decade.
Improve refinery flexibility and responsiveness
The hydrocarbon processing industry (HPI) has changed significantly with an abundance of available discounted crude oils, a rise in markets served beyond the traditional local or regional demands, and a renewed focus on being both competitive and profitable while complying with ever-changing regulations.
Proposed US water definition may alter future of HPI
The US Environmental Protection Agency (EPA) and the US Army Corps of Engineers (USACE) proposed Rule 33 CFR Part 328, a regulation intended to redefine and clarify the reach of the EPA’s jurisdi..
HP Editorial Comment: Is the global refining sector growing toward overcapacity?
The global refining sector has been a bright spot for the oil and gas industry for nearly a year.
HP Business Trends
To satisfy its growing refined fuel demand, Latin America has relied heavily on imports from the US. Major refinery projects have been announced to curb this reliance, but the drop in crude oil prices has limited capacity expansions.
HP Industry Metrics
The US product market continued to reflect a surge in domestic gasoline demand, allowing gasoline cracking spreads to hit levels not seen in more than two years.
New projects decline, but backlog holds strong
Even after the recent downturn in oil and natural gas pricing, our analysis shows why downstream E&C companies can depend on a strong backlog to last through the decade.
- 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
