Crude oil
Welded plate heat exchangers cut refinery process costs—Part 2
Plate-and-frame (P&F) heat exchangers were first manufactured 100 yr ago for use in the dairy industry.
ExxonMobil progresses growth plans and efforts to advance lower-emissions technologies
In its downstream and chemical businesses, ExxonMobil is on track to more than double earnings potential from 2017 adjusted results by 2025.
Occidental to sell parts of Anadarko after debt-fueled acquisition
Occidental Petroleum snatched up some of the richest shale oilfields in Texas when it beat out rival Chevron Corp in a bidding war to acquire Anadarko Petroleum.
Petrobras targets private refineries with oil from storage
Brazilian state oil company Petroleo Brasileiro SA is shipping crude during June and July for storage in China to more quickly respond to demand from the country’s independent refiners
China April crude oil imports hit monthly record, refiners stocked up ahead of sanctions
China’s crude oil imports in April unexpectedly surged to a record despite refinery maintenance outages and tepid domestic fuel demand.
Equipment reliability: Critical to protecting margins in a volatile environment
For any hydrocarbon processor, margin is king.
Industry Metrics
A combination of planned and unplanned refinery outages affected US gasoline production, resulting in considerable declines in inventory levels.
Executive Viewpoint: A vision for the refinery of 2030
The refining business needs to change dramatically over the next decade.
Asia: Japanese refining moves towards consolidation and increased efficiency
According to recent statements of leading Japanese analysts in the field of refining and the country’s largest producers, the Japanese refining industry is moving towards consolidation and an increase in efficiency.
Business Trends: How plastics waste recycling could transform the chemical industry
If plastics demand follows its current trajectory, global plastics-waste volumes would grow from 260 MMtpy in 2016 to 460 MMtpy by 2030, taking what is already a serious environmental problem to a new level.
- Clariant catalysts continue to shrink customer footprints: 45M tons of CO2e avoided in 2025 5/26
- Mitsubishi Chemical Group considers spinning off petrochemicals business 5/26
- Hitachi Energy and Volvo Construction Equipment announce collaboration to accelerate zero-emissions construction sites 5/26
- Aramco and PETRONAS Announce Transfer of Full Ownership of PRefChem to PETRONAS 5/26
- ENOC and Allied Biofuels sign MoU to explore offtake/distribution of SAF and eSAF 5/26
- Hanwha Power and the University of Alberta sign MoU to advance R&D of low-carbon power technologies 5/26
