Economics
HP Editorial Comment: Alternative energy?
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 Reliability: Plan now to deal with stressed equipment later
The US Energy Information Administration’s (EIA’s) “Today in Energy” brief evaluated how US refineries are processing record amounts of crude oil (Fig. 1), with Midwest and Gulf Co..
HP Automation Strategies: Control on the wire(less)
Since the industrial revolution, process/industrial control had relied on tightly coupled systems to transmit control signals. Industrial plants have used “modern” control via wired electron..
HP Project Management: German refinery successfully modernizes safety system
In September 2014, the Heide refinery in Germany used two weeks of planned downtime at its pyrolysis plant to migrate to new safety systems. The new system emphasized high plant/equipment availability..
HP Global: State of the US petrochemical/chemical industry
After a promising start, the global economy faltered in 2014 with heightened geopolitical uncertainty; recessions in Brazil, Japan and many European nations; and slowdowns in China, the Euro Area and ..
HP Petrochemicals: Global PE demand growth to drive downstream expansions
According to IHS Chemical, global demand for polyethylene (PE) is expected to increase by more than 25% during the next five years, from approximately 85 million metric tons (metric MMt) in 2014, to m..
HP Industry Perspectives: Keystone XL: It is time to move forward, Mr. President
In a media call, the American Petroleum Institute (API) president and CEO Jack Gerard emphasized that it is time for the Keystone XL pipeline to move forward, and he requested urgent action by Preside..
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..
HP People
The American Fuel & Petrochemical Manufacturers (AFPM) announced that Brendan Williams has been promoted to executive vice president, effective Jan. 1, 2015. Mr. Williams joined AFPM in 2007 as director of government relations and advanced to become senior vice president of advocacy in 2013.
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.
- India's Reliance gets one-month US concession to buy Rosneft oil 12/24
- SOCAR signs deal to buy Gama Enerji gas plant in Turkey for $225 MM 12/24
- Japan's Eneos leads bids for Chevron’s Singapore oil refinery stake 12/24
- Larsen & Toubro awarded EPCC contract for BPCL's polyethylene plant 12/24
- Maire's Nextchem to acquire technology licensor and engineering company Ballestra 12/24
- Indonesia allocates 15.65 MM kiloliters of biodiesel for 2026 12/23
