Drivers
Transitioning to an electrified future
As countries responsible for 75% of greenhouse gas (GHG) emissions set net-zero targets, oil and gas, chemicals and other energy-intensive process industries are under increasing pressure to decarbonize.
Business Trends: Global chemicals industry outlook for 2024
After a challenging end to 2022, many in the chemical industry anticipated a modest rebound in production in 2023. However, by mid-2023, several chemical companies significantly lowered their expectations.
Pratt & Whitney Canada and Gulfstream completes first 100% SAF transatlantic flight
Pratt & Whitney Canada and Gulfstream Aerospace announced the successful completion of the first transatlantic flight using sustainable aviation fuel with both PW815GA engines on a Gulfstream business jet. Pratt & Whitney is an RTX business.
Business Trends: Converting refineries to renewable fuels is no simple switch
Petroleum refineries around the globe are under pressure.
Business Trends: Optimize pump systems to save electrical energy
Given the global rise in energy costs, there has never been a better time to review and assess the efficiency of pumping systems—whatever their size, complexity or sphere of operation.
Industry Perspectives: Hydrocarbon Processing’s Mid-Year Update webcast to be held in late June
Over the past several years, the hydrocarbon processing industry (HPI) has been engaged in a whirlwind of peaks and valleys.
Consider installing a VFD to increase reliability and savings
The Petronor oil refinery is in the north of Spain and is part of REPSOL Group. In 2019, the facility upgraded the driver of a reformer’s draft fan from a general-purpose steam turbine and gearbox to a variable frequency drive (VFD) electric motor.
Hydrocarbon Processing Awards
<i>Hydrocarbon Processing,</i> the downstream processing sector’s leading technical publication, has announced the finalists for its third annual awards.
Electric vehicles are coming, but their impact will be evolutionary, not revolutionary
Alternatively fueled vehicles (AFVs) are getting plenty of press these days, but their market penetration is still a long way from critical mass.
Executive Viewpoint: Trends in the global process furnace market
Whether it is heating process fluids to achieve enough temperature in crude atmospheric and vacuum distillation units, or reaction temperatures inside furnace tubes to produce ethylene, vinyl chloride monomer, synthetic gas and continuous catalytic reformer reactors, or simple process heating (thermal fluid), process furnaces play a critical role in refineries and petrochemical complexes.
- U.S. diesel exports to ARA set to rise on scarce European supply, firm US production 12/6
- Russian petrochemicals giant Sibur plans IPO in coming months 12/6
- Phillips 66 and United Airlines sign SAF supply agreement 12/6
- Varo Energy in talks to buy Preem's Swedish refineries 12/6
- Biden administration will not finalize clean fuel tax credit guidance 12/6
- Petroleum Economist’s Paul Hickin recognized among the 50 voices in commodities worth following 12/6