Nichols, Lee
Construction
Gulf Energy Information’s Global Energy Infrastructure database is tracking nearly 1,100 active downstream projects around the world, representing more than $1.8 T in capital expenditures. This month’s Construction section highlights some of the major projects and contracts that have been announced over the past two months. These projects will be instrumental in satisfying regional demand for finished hydrocarbon products.
Editorial Comment: Optimization: Advancing the industry’s evolution and benefits to the masses
Optimization—the action of making the best or most effective use of a situation or resource—is not a term that the hydrocarbon processing industry (HPI) takes lightly: it is a way of life.
Industry Perspectives
This month, <i>Hydrocarbon Processing</i> will be hosting two events—one to showcase the latest in processing technologies in the refining and petrochemicals markets, and the other to provide an update on the latest trends, initiatives and capital project investments in the global hydrocarbon processing industry (HPI).
Show Preview: IRPC Process Technology
IRPC Process Technology: The latest advancements in process technologies
Industry Perspectives: Will capital investments increase in 2021 and beyond?
Over the past several years, the world witnessed a significant increase in downstream capacity growth in all sectors of the hydrocarbon processing industry (HPI). However, the COVID-19 pandemic caused a significant decline in demand for transportation fuels and certain petrochemical value chains.
Editorial Comment: Maintenance and reliability—A cornerstone of safe and efficient plant operation
Refineries and petrochemical plants are comprised of a series of crucial processes to produce transportation fuels, products and chemicals demanded by the global market. These processes consist of capital-intensive units that must be maintained to provide reliable performance. Failure to adequately maintain these assets can have a detrimental effect to not only operations and profit, but also to worker safety.
Editorial Comment
Over the past several decades, the hydrocarbon processing industry has invested heavily in new processing units to produce low-sulfur and ultra-low-sulfur (ULS) transportation fuels.
Global Project Data
According to Gulf Energy Information’s Global Energy Infrastructure database, new capital project investments have increased each month since November 2020.
Construction
Sprea Misr has awarded Nuberg EPC an engineering, procurement and construction (EPC) contract for a 500-tpd sulfuric acid plant in Ramadan City, Egypt.
Industry Perspectives
In the second half of 2021, Hydrocarbon Processing is hosting two events to showcase the leading technologies and people in the refining, petrochemicals and gas processing/LNG industries: The International Refining and Petrochemical Conference (IRPC) and the HP Awards. A “call for abstracts” has opened for both events.
- Portugal's Galp plans to start producing biofuels in 2026 12/20
- Prax and Shell call off deal on stake in PCK Schwedt oil refinery 12/20
- Nigeria's Dangote Refinery hits 85% refining capacity 12/20
- India's BPCL buys first Argentinian crude oil cargo for Feb. delivery 12/20
- Sinopec's Zhenhai oil refinery expands capacity to 40 MMtpy 12/20
- Oil via Russia's Druzhba pipeline halted by technical problems 12/20
