Refining
BASF opens testing, research lab in Germany for FCC refining catalysts
The new laboratory will provide physical and chemical analyses and characterizations of hydrocarbons and FCC catalysts, fine particles and slurries. It will also develop advanced refining catalysts test methods, complementing BASF’s existing FCC catalysts laboratory in Iselin, New Jersey.
BioAmber to supply bio-succinic acid in lubricants
Under the terms of the five-year contract, BioAmber Sarnia, a joint venture with Mitsui & Co., will supply Oleon with bio-based succinic acid for the development of succinate lubricants.
Improve execution of capital projects with advanced technologies
The E&C industry is now poised for a major leap forward in utilizing advancements in information technologies and, thus, enabling itself to greatly boost project performance.
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.
Experience meets innovation: World-class coke drum replacement project
Six large coke drums at Chevron’s El Segundo refinery, which supplies 20% of Southern California’s vehicle fuel, were showing signs of aging after 46 years in service.
Editors’/Readers’ Choice 2014
According to Hydrocarbon Processing’s Construction Boxscore Database, over $1.143 trillion in announced global projects are at various stages of development. Using the Boxscore Database, HP editors identified 12 projects that will have the highest impact to the global or regional downstream industry. HP readers voted online to select the top project in each category.
HP Viewpoint: US shale revolution set to spill over into downstream
The US shale boom is rapidly changing from an upstream story to a broader energy evolution with increased margins migrating to midstream and, more particularly, to downstream. In downstream oil, disco..
HP Forecast: 2015 downstream forecast reaches all-time high
In 2015, the HPI’s capital, maintenance and operating budgets are expected to exceed $324 B. Global announced project spending continues to surge to satisfy increasing demand for petroleum products.
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..
HP Industry Perspectives: Oil price—How low can it go?
Oil price volatility returned with a vengeance in October amid worries of slower economic growth, weakening oil demand, an unexpected increase in Libya’s output, and an indication by Saudi Arabia..
- 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
