Economics
HP Project Management: An update on Lang factors
Lang factors are cited frequently and used within the HPI. With the ensuing changes, the question must be asked, “Do Lang factors still present a realistic approximation of capital cost today?”
HP Petrochemicals: Consultant: Managers need long-term focus to find downstream sustainability
Top industry management should consider profits over the long term to make the business case for more sustainability, with a particular focus on results in the four-to-five-year range rather than on the initial year or two.
HP News
Russian blending facility utilizes advanced control technologyLUKOIL’s Nizhegorodnefteorgsintez gasoline blending facility in Kstovo, Russia, will integrate Honeywell software, which is designed ..
HP Industry Metrics
Refinery utilization rates in the US, encouraged by the high driving season demand, continued to rise following the end of the heavy maintenance season. Regional demand in Asia continued lending suppo..
US liquefaction projects to drive global expansion of LNG trade
Hydrocarbon Processing spoke to Andrew Slaughter, executive director for the Deloitte Center for Energy Solutions, about the state of the LNG industry and how trade patterns and project slates could change in the upcoming years.
HP Reliability: Trends from the 2015 AFPM Maintenance and Reliability Conference
Over the decades, there have been good and not-so-good trends presented at this event, and the 2015 maintenance and reliability conference was no exception.
HP Global: Investment in Egypt’s downstream on the rise
Egypt is adopting a mix of investment strategies in refinery upgrades and construction of new capacity to meet the nation’s target for more high-quality light and middle distillate products and a reduction of transportation fuel imports.
HP Petrochemicals: Higher international sales boost 2015 earnings above forecast for many chemical leaders
Raw materials costs continue to stay low in the US thanks to the shale boom, but the global decline in oil markets has eroded selling prices for many of the nation’s domestic chemicals and plastics producers.
HP Viewpoint: Advice for the downstream: Keep the faith
Charles Drevna is a distinguished senior fellow of the Institue for Energy Research and the former president of AFPM. He was president of the trade association, formerly known as NPRA, from 2007 until May 2015.
China’s CNOOC begins exports of gasoline, diesel
China National Offshore Oil Corp (CNOOC) has received government approval to begin international exports of diesel and gasoline cargoes in early May.
- Shell, CNOOC take FID on 1.6-MMtpy petrochemical complex expansion in China 1/15
- Plug Power seals huge deal with Allied Green Ammonia for 3-GW electrolyzer system 1/15
- Russian oil products trapped at sea by U.S. sanctions 1/15
- California (U.S.) withdraws clean truck EPA waiver request ahead of Trump inauguration 1/15
- Amazon orders 200 new electric heavy trucks from Daimler for Germany, UK 1/15
- Colonial Pipeline shuts main gasoline artery after potential gasoline spill 1/15
