Economics
HP Viewpoint: Interesting times to continue for refiners in 2016
A year ago in this publication, John England and Ashnu Mittal were prescient in their article titled “US shale revolution set to spill over into downstream.”
HP Innovations
Ingersoll Rand debuted its TURBO-AIR NX 8000 integrally geared centrifugal compressor at the Turbomachinery & Pump Symposia show in Houston, Texas in September.
HP Automation Strategies: APC technology adapts quickly to economic changes
With significant fluctuations in feedstock and energy prices, making economic changes quickly is vital to capitalize on the most profitable assets.
Unload the SRU to reduce operating costs and plugging problems
The SWAATS process can unload SRU capacity and reduce plugging problems and operating costs in a safer and environmentally-friendly way, especially as refiners find rising amounts of ammonia and SWSG.
Central America: A downstream outlook to 2020
Due to the growth in the region’s middle class, Latin America has seen tremendous petroleum products demand growth over the past decade.
Improve refinery flexibility and responsiveness
The hydrocarbon processing industry (HPI) has changed significantly with an abundance of available discounted crude oils, a rise in markets served beyond the traditional local or regional demands, and a renewed focus on being both competitive and profitable while complying with ever-changing regulations.
Proposed US water definition may alter future of HPI
The US Environmental Protection Agency (EPA) and the US Army Corps of Engineers (USACE) proposed Rule 33 CFR Part 328, a regulation intended to redefine and clarify the reach of the EPA’s jurisdi..
HP Editorial Comment: Is the global refining sector growing toward overcapacity?
The global refining sector has been a bright spot for the oil and gas industry for nearly a year.
HP Business Trends
To satisfy its growing refined fuel demand, Latin America has relied heavily on imports from the US. Major refinery projects have been announced to curb this reliance, but the drop in crude oil prices has limited capacity expansions.
HP Industry Metrics
The US product market continued to reflect a surge in domestic gasoline demand, allowing gasoline cracking spreads to hit levels not seen in more than two years.
- SIBUR produces test batch of first hexane plant in Russia 8/28
- Universal Fuel Technologies’ SAF accepted into ASTM Clearinghouse for qualification 8/28
- Sinopec wins engineering contract for Saudi Arabian green hydrogen/ammonia project 8/28
- Russia's idle oil refining capacity record high after Ukrainian drone attacks 8/28
- Brazil approves temporary antidumping measures against Canadian, U.S. polyethylene resins 8/28
- South Korea petrochemical overhaul likely to shut small, stand-alone naphtha crackers 8/28
