According to Hydrocarbon Processing’s Construction Boxscore Database, more than 290 new projects have been announced in 2020.
The same characteristics that make hydrocarbons useful as fuels can also make refineries, and any other areas where processing or storage takes place, potentially dangerous.
Since the advent of the combustion engine, gasoline and automobile manufacturers have utilized additives as a means of improving overall fuel characteristics.
The global hydrocarbon processing industry (HPI) continues to expand and modernize to efficiently meet growing demand for energy, transportation fuels and petrochemicals.
Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly 1,400 projects around the world.
As mentioned in the editorial comment of the October issue of Hydrocarbon Processing, the nominees for the 2020 Top Project Awards are out.
For many years, manufacturers have emphasized low price over high reliability.
For the petrochemical industry, the U.S. Gulf Coast (USGC) has the locational advantage of proximity to cheap feedstock, and to an abundance of pipeline infrastructure and terminals for export markets.
Brazil’s refining industry is on the verge of large-scale change. Its recent steps toward de-monopolization and liberalization, as well as the divestment of refining assets by state-owned oil major Petrobras, are propelling Brazilian refining in a more attractive direction for investment.
Maintaining the structural integrity of a pipeline is a significant investment of time and resources for organizations in the oil and gas industry.