Refining
Details on high-impact refining and petrochemical projects presently under construction, as chosen by HP editors and readers
The global hydrocarbon processing industry (HPI) continues to expand and modernize to efficiently meet growing demand for energy, transportation fuels and petrochemicals.
People
Peter Vanacker has assumed the role of President and CEO of Neste Corp., succeeding Matti Lievonen, who will retire.
Business Trends: The case for teaching competence—Part 1
Readers who have had the misfortune of being drawn into debates over the precise definitions of words or terms might agree that much time can be lost in unproductive squabbling.
Industry Perspectives: IMO 2020—What is your say?
In 2020, new International Maritime Organization (IMO) marine fuel regulations will go into effect.
Digital: Seize the benefits of digitalization
Digitalization has been making waves in the energy space, with upstream companies leading the trend with technology that improves efficiency, cuts costs and boosts margins.
Viewpoint: The opportunity for greater growth and value—Considerations for crude-to-chemicals projects
Industry players are focused on upgrading to higher-growth, higher-value chemical products.
Supply Chain: Preparing for digital downstream supply chain capabilities
Several major downstream companies have recently embarked upon large-scale digital transformations with anticipated capital spending tallying in the tens to hundreds of millions of dollars.
Europe: Russia to fight for global oil products market despite sanctions pressure
Russia plans to significantly increase its oil products to foreign markets, despite the ongoing pressure of Western sanctions and the complex situation in the country’s domestic refining industry, according to recent statements by representatives of Russia’s leading oil corporations and senior officials of the country’s Ministry of Energy.
Africa: Troubled Nigerian refineries hamper petrochemicals growth
Nigeria’s petroleum industry has had its fair share of upheavals, ranging from insecurity that hampers upstream operations to low global oil prices that constrain midstream and downstream investments.
Editorial Comment: HPI spending in 2019 forecast at $375 B
Regulations, feedstock advantages, supply/demand gaps, etc., are resulting in a surge of new capital investments around the world.
- Fire at Tupras oil refinery in Turkey wounds 12 11/5
- Thai SCG halts operations at $5.4-B Vietnam petrochemical complex 11/5
- Solvay licenses hydrogen peroxide process technology to North Huajin Refining and Petrochemical Company 11/5
- HYCO1 achieves first commercial operation of its CO2 conversion technology, TRL-9 status 11/5
- South Korean refiners' losses deepen in 3Q, margins set to improve in 4Q 11/5
- Marathon, Teamsters to resume contract talks as Detroit refinery strike enters second month 11/5