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HP News

Fuel cells to experience a bright future due to natural gasRising natural gas production is facilitating growth for both stationary fuel cells that provide power to business and the utility grid, as w..

HP Industry Metrics

Recent declines in oil pricing and the associated volatility in future pricing has created a difficult forecasting environment. Other factors are causing deviations, especially with regard to the resp..

REG acquires German biodiesel producer Petrotec

Petrotec utilizes more than 15,000 collection points to gather used cooking oil and other waste feedstocks to produce biodiesel at its two biorefineries in Emden and Oeding, Germany.

Shell sells Norway downstream businesses to ST1

Shell has signed an agreement with ST1 for the sale of its retail, commercial fuels and supply and distribution logistics businesses in Norway. The sale is expected to be completed in 2015.

Fluor works on new delayed coker for ExxonMobil at Antwerp refinery

Fluor is responsible for the new delayed coker unit that will convert heavy, higher sulfur residual oils into transportation fuel products such as marine gasoil and diesel fuel.

Russian refiner upgrades complex with Chevron Lummus technologies

The hydrocracker unit was commissioned in January 2014 and the base oil unit in December 2014. The commissioning of the two units enabled OJSC TANECO to produce 1.2 million tpy of Euro-V diesel fuel, 500,000 tpy of aviation kerosine and 190,000 tpy of Group II/III base oil.

Amec Foster Wheeler acquires UK specialist engineering firm Scopus

Headquartered in Aberdeen, with bases in international oil and gas hubs, Scopus employs around 300 employees who provide specialist engineering services to the global oil and gas, petrochemical and nuclear industries.

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.

Improve execution of capital projects with advanced technologies

Bechtel Corp.: Avidan, A. A.

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

Petrobras: Perissé, J. B.

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.