Refining
HP Impact: Fossil fuels dominate global primary energy consumption
Oil, natural gas and coal accounted for 87% of global primary energy consumption in 2012, according to a new Worldwatch Institute study. The relative weight of these energy sources keeps shifting, alt..
HP Impact: Bipartisan fuel policy recommendations for US Congress
A bipartisan group called the US Energy Security Council, comprising former military, business and political leaders, has issued policy recommendations for the US Congress as it grapples with fuel-rel..
HP Impact: Global slowdown in annual CO2 emissions
Research published by the Emissions Database for Global Atmospheric Research (EDGAR) indicates that global carbon dioxide (CO2) emissions increased by only 1.1% in 2012, yielding a slowdown in annual ..
HP Forecast: HPI Market Data 2014 Executive Summary
This summary provides a "sneak peek" at Hydrocarbon Processing's HPI Market Data 2014. This comprehensive report investigates present and projected future trends in refining, natural gas and petrochemical industries. Topics include spending forecasts and construction projects derived from HP's Construction Boxscore database; global and regional changes in energy production and use; and developments in oil and natural gas processing. HPI Market Data 2014 also covers trends in economics, plant safety and the environment. This annual report is the hydrocarbon processing industry's premier source of market information for professionals working in the downstream.
HP Innovations
Software combines crude management with designInvensys released its integrated Spiral CrudeSuite crude oil knowledge-management software (Fig. 1) with its SimSci PRO/II design and ROMeo optimization s..
BASF begins commercial bio-butanediol production
BASF has produced its first commercial volumes of 1,4-butanediol (BDO) from renewable raw material, and is offering this product to customers for testing and commercial use, company officials announced this week. The fermentation process uses dextrose as a renewable feedstock.
Petrofac, Daelim to help expand key Oman refinery
The refinery was originally constructed and commissioned in 2006 and ORPIC is now investing in improvements at the site to enhance the current production capacity. When work from Petrofac and Daelim is complete, it is anticipated that the revamped facility will boost current output by over 70%.
API economist touts low US energy costs, calls for reduced regulations
API chief economist John Felmy told reporters during a Friday press conference that while US energy costs are down, more can be done from the nation, policy-wise, to help its domestic consumers.
Petrofac picks CB&I to build oil storage tanks for grassroots Saudi refinery
The project scope for the $70 million contract includes the engineering, procurement and construction of crude oil storage tanks at a grassroots refinery being constructed in Saudi Arabia.
Neste Oil reports LPG leak at Porvoo refinery
A general alarm was issued covering the refinery site and surrounding area in Tolkkinen and people were instructed to stay inside. The leak proved to be minor and the instruction calling for people to stay inside was rescinded at around 4 p.m. local time for all areas other than the immediate vicinity.
- 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