Refining
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 Refining: Peru: Modernization of the Talara refinery
The mega-project expansion at the Talara refinery is the foundation of Petroperu’s new strategic plan to increase refining capacity and reduce the sulfur content in refined products.
HP Viewpoint: Must devices be certified for use in safety instrumented systems?
For decades, process industries have used different forms of safety control based on what was available in the market. The simple answer to the question of whether SIS devices need to be certified is, "No," but operators and the industry as a whole continue to ask for certification anyway. Why is this?
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..
HP Innovations
Endress+Hauser’s Loading Metering Skid (LMS) is a solution for the custody transfer of light hydrocarbons—including gasoline, diesel, jet fuel and marine gas—to and from tanker trucks, railcars and ships.
HP People
Gulf Publishing Company is saddened to announce the passing of Les Kane, longtime editor of Hydrocarbon Processing, after an extended illness.
Phillips 66 posts rising profit as refining leads way
The increase in earnings was largely driven by improved realized gasoline margins, partially offset by reduced distillate and secondary product margins, according to the company.
ExxonMobil mulls major expansion of Beaumont refinery into nation’s largest
According to the Reuters report, ExxonMobil has pulled together a group of experts at the plant to do more detailed studies on potentially adding a third crude distillation unit (CDU).
High margins lift Chevron’s downstream earnings
Both US and international downstream earnings improved at Chevron, led by higher margins on the sales of refined products. Overall earnings fell alongside weaker upstream results.
- CTCI awarded $417-MM EPC contract to build ethylene storage in Qatar 11/15
- Russian refineries cut oil runs due to losses, closures loom 11/15
- Spain's Moeve swings to quarterly loss on weak refining margins 11/15
- Asia naphtha supply expected to remain tight over next two years 11/15
- Countries, companies lag in response to tackle methane emissions, U.N. says 11/15
- U.S. energy draws up a wish list for new Trump administration 11/15