Refining
HP News
Shell to become largest LNG player with €47-B BG Group acquisition Royal Dutch Shell’s agreement to purchase BG Group for approximately €47 B in cash and shares is the oil and gas ..
HP Industry Metrics
Global product markets and refinery margins, particularly in the US, have seen steady improvement since January. Worldwide gasoline demand has soared in recent months in both OECD and non-OECD regions..
HP Innovations
Coatings line wins innovation awardHempel’s HEMPADUR AvantGuard range of products won the 2014 European Frost & Sullivan Award for the category of new product innovation. To be presented on May 1..
HP People
Cornelius Weitzmann has been appointed managing director of the Power, Oil & Gas business division at Voith Turbo GmbH & Co. KG. He will be taking over from Matthias Grawe, who is leaving the company...
Safety and environmental updates for HPI storage tanks
   © leungchopan—Shutterstock.com Storage tanks are common in any hydrocarbon processing industry (HPI) facility or receiving/shipping terminal. Crude oil, refined produc..
Profits surge for US refiner Marathon Petroleum on strong crack spreads
Marathon's refining and marketing segment posted income from operations of $1.32 billion in the first quarter of 2015, compared with $362 million a year earlier. The increase was primarily due to higher US Gulf Coast and Chicago crack spreads and lower turnaround and other direct operating costs,
Phillips 66: Weaker NGLs trump refining strength
The NGL market environment negatively impacted results for Phillips 66, leading to lower earnings despite a significant increase within the company's refining business.
Chevron’s downstream business soars on higher refined product margins
“Downstream operations were strong, benefitting from lower feedstock costs and improved refinery reliability," said Chevron CEO John Watson.
Praxair to boost gases supply for CNOOC refinery expansion in China
Praxair’s product line plants will provide oxygen and nitrogen to China's CNOOC to support the company’s refinery expansion from 250,000 to 460,000 bpd of oil.
Gas leak at Georgia refinery leads to one worker death, three injuries
The accident started when a worker at the refinery went into cardiac arrest. As he was being helped, a vent was somehow opened, which released the hydrogen sulfide gas.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
