Petrochemicals
HP Editorial Comment: Change is redefining the petrochemical industry
The petrochemical industry is embracing more “change” that is largely due to the recent drop in crude oil prices.
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 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 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 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..
Honeywell opens China propylene catalysts plant
This new site in Zhangjiagang City, Jiangsu Province, has begun production of catalysts used to covert propane to propylene as traditional sources for this product shrink.
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.
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.
- CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China 8/22
- bp's Whiting refinery (U.S.) continues to flare days after severe thunderstorm 8/22
- Bachmann introduces latest version M-Target for Simulink 8/22
- U.S. to rule on biofuel waivers, but big oil refiners may need to wait 8/22
- Chinese independent refiner Hongrun buys Canadian, Brazilian crude 8/22
- Ukrainian attack suspends Russian oil flows to Hungary, Slovakia 8/22
