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HP Industry Perspectives: Middle East threatened by North American petrochemical exports

Hydrocarbon Processing Staff: DuBose, Ben

North American petrochemical producers have had lofty margins in recent years, given ample ethane feedstocks derived from the regional shale boom.Those margins, in turn, are leading to plans for new c..

HP Impact: Fossil fuels dominate global primary energy consumption

Hydrocarbon Processing Staff: Thinnes, Billy

Oil, natural gas and coal accounted for 87% of global primary energy consumption in 2012, according to a new Worldwatch Institute study. The relative weight of these energy sources keeps shifting, alt..

HP Impact: Global slowdown in annual CO2 emissions

Hydrocarbon Processing Staff: Thinnes, Billy

Research published by the Emissions Database for Global Atmospheric Research (EDGAR) indicates that global carbon dioxide (CO2) emissions increased by only 1.1% in 2012, yielding a slowdown in annual ..

HP Forecast: HPI Market Data 2014 Executive Summary

Hydrocarbon Processing Staff: Romanow, Stephany  |  DuBose, Ben  |  Blume, Adrienne

This summary provides a "sneak peek" at Hydrocarbon Processing's HPI Market Data 2014. This comprehensive report investigates present and projected future trends in refining, natural gas and petrochemical industries. Topics include spending forecasts and construction projects derived from HP's Construction Boxscore database; global and regional changes in energy production and use; and developments in oil and natural gas processing. HPI Market Data 2014 also covers trends in economics, plant safety and the environment. This annual report is the hydrocarbon processing industry's premier source of market information for professionals working in the downstream.

BASF begins commercial bio-butanediol production

BASF has produced its first commercial volumes of 1,4-butanediol (BDO) from renewable raw material, and is offering this product to customers for testing and commercial use, company officials announced this week. The fermentation process uses dextrose as a renewable feedstock.

German chemical sector targets US for investment

German companies invested €3.2bn in new chemical plants or expansions in the US a year ago, up 54% from the prior year. The US now accounts for 41% of foreign investments, up from 28% in 2005.

Neste Oil reports LPG leak at Porvoo refinery

A general alarm was issued covering the refinery site and surrounding area in Tolkkinen and people were instructed to stay inside. The leak proved to be minor and the instruction calling for people to stay inside was rescinded at around 4 p.m. local time for all areas other than the immediate vicinity.

US, Norway seek to improve CO2 capture

HP Editorial Staff: HP News

The nations are hoping to reduce costs for carbon capture and storage, bridge the gap between R&D and commercial deployment, and boost confidence in the technology.

Johnson Matthey expands Macedonia plant for emission control catalysts

The new plant will provide Johnson Matthey with additional capacity for catalysts to meet the increase in demand from the introduction of tighter EU emissions legislation coming into effect from January 2014.

Rosneft, ExxonMobil pick Foster Wheeler for FEED work on Far East LNG

The work will include location and concept studies, design basis definition, main technical solutions development, constructability assessment, definition of project execution strategies and preparation of preliminary information for submission to the Russian authorities. Contract value was not disclosed.