Americas
HP Petrochemicals: M&A deals rise as investors push petrochemical leaders to restructure
Oil and petrochemical companies are seeking strategies to remain competitive as their cash flows continue to take direct hits due to depressed oil prices. This is resulting in significant restructurin..
HP Engineering Case Histories: Case 84: Remaining service life of plant equipment can be determined
For new plant machines and equipment, the life expectancy is determined by the original equipment manufacturer (OEM). Yet, different analysis techniques are often required in a failure analysis. In a ..
HP Viewpoint: Methanol takes on LNG for future marine fuels
As the lifecycle economics of using MeOH compared with other emission compliance options become more evident, we will see the tide rising on the use of MeOH as a marine engine fuel.
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..
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.
FS-Elliott opens new US compressor service hub
FS-Elliott’s service center houses the global services group, a team of professionals responsible for providing a full portfolio of support including remote technical assistance, operation and maintenance training, and performance upgrades designed to further improve machinery operation.
OSHA to require new chemicals labeling system beginning this June
Starting June 1, OSHA will put in effect a new Globally Harmonized System of Classification and Labeling of Chemicals (GHS) standard. The new standard will improve communication of safety concerns and handling instructions.
- Chiyoda, AVEVA forge strategic partnership to power plantOS with AVEVA CONNECT 6/27
- SABIC announces closure of Olefins 6 facility in Teesside, UK 6/27
- LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China 6/27
- Damaged unit of Iran's South Pars refinery back operating 6/27
- hte conducts research for JGC to advance decarbonization by identifying suitable catalysts for ammonia cracking 6/26
- TES and CPC Finland to develop 500-MW e-NG project in Finland 6/26
