Economics
Successful project development and execution: Beyond EPC to ‘T-EPC’
North America is in the middle of a petrochemical renaissance due to the shale gas tsunami. While this new development is most prevalent in North America, similar trends are expected to develop in oth..
Editors’/Readers’ Choice 2014
According to Hydrocarbon Processing’s Construction Boxscore Database, over $1.143 trillion in announced global projects are at various stages of development. Using the Boxscore Database, HP editors identified 12 projects that will have the highest impact to the global or regional downstream industry. HP readers voted online to select the top project in each category.
How to select compressors for various process services
Every style or type of compressor was developed to serve a particular process purpose. Collective references have devoted hundreds of thousands of pages on this topic. Two books have attempted to summ..
HP Automation Strategies: Embedded virtualization in process automation systems
An earlier ARC Advisory Group column dealt with server-level virtualization in Collaborative Process Automation Systems (CPAS), the company’s process automation system model. Here, we will addres..
HP Boxscore Construction Analysis: 2014 global construction year in review: 72% growth in new projects
According to Hydrocarbon Processing’s Construction Boxscore Database, new project announcements have climbed to over 500 in 2014. This represents a 72% increase in new project announcements over ..
HP Engineering Case Histories: Case 82: Be cautious when purchasing ‘first of kind’ equipment
What is the definition of “first of kind” when discussing equipment and products? The definition used in this editorial is the “first built for your company,” and it can often have..
HP Reliability: Trends from Texas A&M’s 43rd Turbomachinery and 30th Pump Symposia
Many HP readers are very familiar with the Texas A&M Turbomachinery (TAMU Turbo) and Pump Symposia events. The Houston-based 2014 forum, held Sept. 21–25, set new records in both attendance and n..
HP Viewpoint: US shale revolution set to spill over into downstream
The US shale boom is rapidly changing from an upstream story to a broader energy evolution with increased margins migrating to midstream and, more particularly, to downstream. In downstream oil, disco..
HP Forecast: 2015 downstream forecast reaches all-time high
In 2015, the HPI’s capital, maintenance and operating budgets are expected to exceed $324 B. Global announced project spending continues to surge to satisfy increasing demand for petroleum products.
HP Industry Metrics
Oil prices continued their downward plunge throughout October and into early November. The decline is due to bearish market fundamentals accompanied by a strong US dollar. Saudi Arabia is not expected..
- Southern Energy Renewables and Axens Sign MoU to advance SAF projects in Louisiana and beyond 4/8
- One of the largest heat pumps in the world has reached BASF's Ludwigshafen site 4/8
- LANXESS introduces surcharge for Lewatit ion exchange resins 4/8
- HyOrc secures industrial site and accelerated permitting path for Portugal green methanol project 4/8
- India raises HPCL Rajasthan Refinery project cost to $8.6 B 4/8
- Iranian Oil Refining Co. confirms attack on Lavan refinery 4/8
