Crude oil
HP Industry Metrics
US refinery utilization rates have returned to summer operating levels. Crude oil pricing supports higher cracking margins for gasoline in US and European markets. Asian margins fell as increasing sup..
Tesoro Refining upgrades crude rail car fleet to meet new US regulations
Tesoro worked with Union Tank Car Company (UTLX) beginning in February of last year to develop a rail car expected to meet or exceed forthcoming regulations. UTLX, which is manufacturing the cars and leasing them to Tesoro, has substantially completed the first group of enhanced cars.
China’s CNOOC begins exports of gasoline, diesel
China National Offshore Oil Corp (CNOOC) has received government approval to begin international exports of diesel and gasoline cargoes in early May.
Calumet strikes US crude supply deal with Plains for Louisiana refinery
Oil will be shipped to Calumet's Shreveport refinery on the Caddo Pipeline, an 80,000 bpd pipeline owned by Plains and Delek Logistics, expected to reach completion by mid-2016.
Improve measurement of heavy oil viscosity
This work will study the viscosity behavior of bitumen and its blends with diluent at different temperatures, as well as evaluating simulations for prediction of viscosity of the blend.A blend of bitu..
The Middle East’s strategic expansion of refined products exports
Already a leader in crude oil exports, the Middle East is making a deliberate move to increase its participation in the refined and petrochemical products markets. It is likely that the ME will continue to add downstream projects. Refining capacity will center on domestic demand and export opportunities to Asia-Pacific and Europe.
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 Global: Uganda proceeds with new refinery
Uganda is proceeding with the construction of a $2.5-B, 60-Mbpd crude oil refinery with approvals from analysts for this landlocked country’s downstream plans. The engineering, procurement and co..
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..
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.
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