Octane
HP News
Qatar Petroleum and Shell cancel $6.5-B petrochemical project in Qatar Royal Dutch Shell and Qatar Petroleum (QP) have canceled the $6.5-B Al-Karaana petrochemical project in Qatar, which will signifi..
HP Industry Metrics
Mid-January saw the continued decline of monthly average Brent crude oil prices, which fell $17/bbl from November to a monthly average of $62/bbl. The continual price decrease reflects US tight oil pr..
Shale gas drives new opportunities for US downstream
This shift to lighter feeds for the SC will reduce the future availability of other petrochemical feedstocks—in particular, propylene.
HP Industry Metrics
Recent declines in oil pricing and the associated volatility in future pricing has created a difficult forecasting environment. Other factors are causing deviations, especially with regard to the resp..
Replan: Modernizing Brazil’s largest crude oil refinery
The project included installing two hydrodesulfurization (HDS) units for the cracked naphtha produced by two catalytic cracking units, a coker naphtha hydrotreating (HDT) unit, and a catalytic reforming unit.
HP Industry Metrics
Oil prices continued their downward plunge throughout October and into early November. The decline is due to bearish market fundamentals accompanied by a strong US dollar. Saudi Arabia is not expected..
Optimize olefins and aromatics production
Petrochemical yields from the FCCU is an area of increasing interest as more companies try to integrate refining and petrochemical operations.
HP Global: European refining—Cornered, with no way out?
2013 was a dismal year for European refining in terms of record low crude runs, which reflect weaked demand outlook and increasing competition from other regions. Out to 2020, we envisage European ref..
HP Industry Metrics: Industry Metrics
According to the International Energy Agency’s August Oil Market Report, 2014 global oil demand has stalled. The International Monetary Fund (IMF) revised down its forecast for global economic gr..
HP People
IHS has named two industry veterans to join its chemicals leadership team. Stein Raae, an international business executive and advisor with more than 30 years of experience at ExxonMobil, Statoil and ..
- Brazil's Timbro to export 40% more sugar, enter ethanol market in 2024 4/24
- LG Chem denies report it will merge naphtha cracker business with Lotte Chemical 4/24
- Crude and gasoline stocks fell, distillate stocks rose last week, EIA says 4/24
- INERATEC secures state-of-the-art catalysts from Sasol for the production of sustainable e-fuels 4/24
- JX to join forces with Sumitomo at large scale SAF/BECCS project in Louisiana (U.S.) 4/24
- WestJet buys first Canadian-supplied SAF by Shell Aviation 4/23
