Trends and Resources
HP Innovations: HPInnovations
High-pressure, continuous hydrogenation unit A unique, 10-in. diameter, fixed-bed hydrogenation unit that can operate at pressures up to 2,000 psi is being offered by CXI for contract manufacturing...
HP Impact: LNG initiative to quantify risks of asset damage
A joint industry research program is being organized to address the consequences of a terrorist attack on an LNG ship or storage terminal. The consequences of accidental releases will also be addresse..
HP Impact: HPI faces 'daunting task' in delivering fuels to meet demand
The National Petrochemical & Refiners Association (NPRA) is urging US policymakers and stakeholders to focus on the supply side of the energy equation and not to take adequate energy supply for grante..
HPInformer
New company formed in Angola Nalco Co.'s (Nalco's) Energy Services Division is forming a partnership with Serviços Petroliferos Limitada (PROPETROL), an Angolan company established in 1996. The..
New Developments
Heat exchanger packages for improved performance Both standard- and custom-configured EasiHeat plug-and-play steam heat exchanger packages are designed for process, domestic and hydronic water-heati..
HP Construction: North America
Mustang Engineering, L.P., and Syntroleum Corp. have an agreement that allows Mustang to provide full-service design, engineering, procurement and construction services to Syntroleum and its licensees..
HP Construction: Europe
Linde AG, Wiesbaden, Germany, has an order from BorsodChem RT , Kazincbarcika, Hungary, to supply oxygen and nitrogen. Contract scope includes erecting an on-site air separation plant at BorsodChem wo..
HP Construction: Middle East
CB&I has a lump-sum turnkey contract valued at $50 million to design and construct two additional liquefied petroleum gas (LPG) storage tanks at a terminal in Qatar. The tanks will be used to store co..
HP Construction: Asia-Pacific
Foster Wheeler Power Machinery Co. Ltd. and Foster Wheeler International Engineering & Consulting (Shanghai) Co. Ltd. have a contract with China Petrochemical International Co.'s (SINOPEC's) Maoming P..
HP Construction: Africa
USFilter has a contract to supply a water injection system to Total E&P for the Dalia field, offshore Angola. The company was chosen by the joint venture, TSS Dalia , which is comprised of Technip, Sa..
HP Construction: South America
A gasoline production complex employing Axens technologies is now onstream at the Administracion Nacional de Combustibles Alcohol y Portland (ANCAP) La Teja refinery in Montevideo, Uruguay. The upgrad..
Free Literature
Space-saving boilers Miura Boiler's new catalog features its steam EX gas-oil, dual-fuel line of watertube boilers; steam LX ultra-low NO x line of watertube boilers; steam ..
HP In Brief: HPIn Brief
Oil price scenarios OPEC recently decided to cut its ex..
HP Impact: Strong markets for petrochemicals forecast to 2006
After seven long years, signs of a fundamental and lasting recovery in the chemicals, plastics and fibers markets are evident. Nevertheless, challenges abound that could derail or delay earnings gains..
HP Impact: High Asian refining margins likely to come under pressure
With Asia-Pacific refined product markets hampered by weak margins in most of 2001 and 2002, high margins brought about by the Iraqi war were generally thought to be a temporary phenomenon. Most analy..
HP Impact: Rebounding supply chain management market to grow 7.4%/year
Consistent with other enterprise software markets, the supply chain management (SCM) market is beginning to recover. The worldwide market is expected to grow 7.4%/yr over the next five years. The mark..
HP Impact: LNG financing, public acceptance make up part of its profitability gamble
To build a global LNG business involves many hurdles that should not be underestimated, cautions Michael Stoppard of Cambridge Energy Research Associates (CERA). The sheer size of the endeavor, comple..
HP Impact: Focus of R&D funding shifting; modest gains forecast for 2004
Total R&D expenditures in the US are expected to increase 2.5%. This total is forecast to reach $291 billion in 2004 vs. $283.8 billion spent in 2003, according to data from Battelle (www.battelle.org..
HP Impact: 'Hard and soft stuff' both important to HPI value generation
The refining and marketing industry is beginning to experience a "golden era," according to David Mowat, managing partner of global energy for Accenture. This period will be characterized by demand gr..
HP Impact: Coal to continue fueling US power plants, says DOE
Secretary of Energy Spencer Abraham projects a 50% increase in coal demand for US electric generation over the next 20 years. "The challenge now is to make clean coal a vital contributor to achievin..