Refining
Global Project Data
According to <i>Hydrocarbon Processing's HPI Market Data 2018,</i>’ total capital expenditures (CAPEX) are expected to reach $144 B in 2018.
Industry Metrics
US refining margins showed slight gains on the top of the barrel as a result of cold weather-related refinery outages, rebounding slightly from the previous month.
Business Trends: Rejuvenating the contract “spine” of megaprojects—Part 1
Business executives and project managers are grappling with challenging business environments and a 20-yr legacy of failing megaprojects.
Industry Perspectives: Secondary unit construction surges in the near term
Although the refining industry is expected to add more than 7 MMbpd of new distillation capacity by the early 2020s, the global refining industry will witness a boost in secondary processing capacity, as well.
Digital: Operational excellence index—Part 2: The digital transformation
Without a doubt, digitalization is the engine fueling the growing adoption of operational excellence (OE) in hazardous industries.
Viewpoint: Digitalization is key to increasing the process industry’s productivity
Consumers are continuously looking for healthier, safer and more environmentally sustainable products.
Refining: Russia plans ramp-up in refinery expansion, construction
Russian fuel producers aim to ensure regular supplies of oil products to both the domestic market and foreign importers in the coming years by building new refineries and modernizing existing plants across the country.
Automation Strategies: Top technology trends in automation for 2018
The last several years have seen significant advances in, and acceptance of, new automation technologies.
Reliability: Consider stainless steel tubing for mechanical seal connections
If, in days past, you have questioned why hard piping was used for mechanical seal flush lines and seal support configurations in process pumps, you are certainly not alone.
Editorial Comment: The future of refining—sulfur need not apply
According to multiple industry reports, crude oil consumption will continue to increase over the short term.
- 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
- Vietnam says its refineries not yet affected by Middle East tensions 6/26
- PureFive™ resin advances toward qualification with Procter & Gamble brands 6/26
- Gulf Energy Information and CompareNetworks announce strategic media partnership to elevate pharma and lab content at ChemE Show 2026 6/26
- Update: Brazil raises biofuel levels, sees gasoline self-sufficiency 6/26
