Diesel
HP Editorial Comment: Take a moment and breathe
“Don’t panic” is probably the best advice for the downstream industry regarding oil prices. The upstream fully recognizes the present and short-term conditions for its business.
HP Global: 2015 outlook for oil price and its refining sector implications
What is the oil price outlook for the next 12 months? As of early January, the price of Brent has effectively halved compared to the 2014 summer peak, similar to the price collapse of 2008. However, u..
HP News
Qatar Petroleum and Shell cancel $6.5-B petrochemical project in Qatar Royal Dutch Shell and Qatar Petroleum (QP) have canceled the $6.5-B Al-Karaana petrochemical project in Qatar, which will signifi..
HP Industry Metrics
Mid-January saw the continued decline of monthly average Brent crude oil prices, which fell $17/bbl from November to a monthly average of $62/bbl. The continual price decrease reflects US tight oil pr..
Shale gas drives new opportunities for US downstream
This shift to lighter feeds for the SC will reduce the future availability of other petrochemical feedstocks—in particular, propylene.
HP Editorial Comment: Alternative energy?
Alternative energy is a point-of-reference term. Natural gas is an alternative energy resource for transportation fuels. As more natural gas resources are developed, natural gas is displacing coal as ..
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..
Motiva halts diesel expansion at top US refinery
“Motiva routinely adjusts our business plans, based on company needs and evolving state and federal regulatory requirements at any given time," a company spokesman said.
US petroleum demand surges to seven-year high
According to API’s November monthly statistics report, total US petroleum deliveries increased 1.9% from November 2013 to average 19.9 MMbpd, the highest level for the month in seven years.
Replan: Modernizing Brazil’s largest crude oil refinery
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.
- Iraqi cabinet approves $4.6-B Basrah-Haditha oil pipeline project 12/31
- China issues 2025 crude quota to Sinochem for eastern China refineries 12/31
- Ukraine hits Russian oil depot in Smolensk region 12/31
- Oil rises on diesel demand boost in sparse holiday trade 12/31
- Stamicarbon awarded licensing, PDP contracts for low-carbon fertilizer plant in Canada 12/30
- Avina Clean Hydrogen to build $820-MM SAF plant in southwest Illinois (U.S.) 12/30
