Economics
Reliability: Machinery quality assessment on twin-screw compressors
Machinery quality assessment (MQA) is similar to bid conditioning, and both relate to structured efforts.
Global: Meeting Africa’s demand for oil products
Demand for refined oil products is expected to continue growing in Africa, both in the short and medium terms. However, the continent’s refining capacity is unlikely to keep pace as commercial risks threaten to hold back planned new refineries and the expansion of existing facilities.
Industry Metrics
US refinery utilization rates have increased in some areas following the peak of maintenance season.
Business Trends: Will India be Asia’s next downstream powerhouse?
The Asia-Pacific region dominates in the total number of active projects in all sectors of the downstream hydrocarbon processing industry. Just as China has seen unprecedented growth over the past decade, India is emerging as the globe’s new oil demand center.
Innovations
Unintended fugitive emissions from pressurized plant components have long been a key concern for operators as well as regulators.
Global Project Data
According to <i>Hydrocarbon Processing’s </i> Construction Boxscore Database, there were nearly 90 new project announcements from January 2015 to June 2015.
Daimler Mercedes-Benz's cleaner technology in European diesel, gasoline engines
Daimler said it will spend €3 B ($3.35 B) to curtail diesel exhaust pollution levels by modifying its engines and exhaust treatment systems.
Gazprom sees record 2016 gas exports to Europe
Russia's Gazprom plans to export a record 165 Bcm of gas to Europe this year, as falling gas prices have made its gas more attractive to European consumers.
Egypt's new refinery will cut fuel import bill
Egyptian investment firm Qalaa Holdings is confident its new refinery will cut the country's dependence on crucial oil product imports. The $3.7-B Egyptian Refining Co. will have the capacity to produce 4.2 metric MMtpy of refined products
US, Vietnam firms sign MOU for oil and gas cooperation
The MOU formalizes the deepening relationship between Honeywell and PetroVietnam and further confirms a common vision of developing a cooperative partnership in oil and gas.
- Emerson's Aspen Technology business releases new software with expanded AI capabilities, enhanced visualization and simplified workflows 5/13
- LanzaJet and BioD announce feasibility study for SAF plant in Colombia 5/13
- U.S. House targets big climate, clean energy rollbacks in budget proposal 5/13
- Chevron attempting to restart El Segundo, California refinery after taking units offline last week 5/13
- Mexico's Pemex plans to export less crude oil as new refinery starts up 5/13
- BASF is expanding its portfolio of raw materials for the production of concrete superplasticizers for the construction industry in the European market 5/13
