Diesel
Wantong Petrochemical first to use Honeywell hydrotreating catalyst
DES PLAINES, Ill. – Honeywell announced that Wantong Petrochemical Group is producing ultra-low sulfur diesel fuel using Honeywell UOP’s new HYT-6219 hydrotreating catalyst.
EIA: US biomass-based diesel imports increase 65%, set new record in 2016
US imports of biomass-based diesel, which include biodiesel and renewable diesel, increased by 65% in 2016 to reach a record level of 916 MMgal.
HES International signs contract with BP to develop tank terminal at Rotterdam refinery
HES International is developing a tank terminal for the storage and transhipment of petroleum products and biofuels at the Hartelstrook, on the south side of the Mississippi harbour at Maasvlakte.
Diamond Green Diesel to expand renewable fuel capacity using Honeywell UOP technology
DES PLAINES, Ill. -- Honeywell UOP announced that the Diamond Green Diesel facility in Norco, La., will expand its annual production capacity of renewable diesel from 10,000 bpd to 18,000 bpd, using Honeywell UOP's Ecofining process technology.
Latin America struggles to stem pricey fuel imports
HOUSTON (Reuters) -- Latin American countries are becoming more reliant on costly fuel imports amid floundering efforts to bolster domestic oil output and expand refinery capacity.
EIA: Midwest, Rocky Mountain regions' production of transportation fuels meeting more of demand
Changes in North American energy markets over the past decade have strengthened the supply of transportation fuels, including motor gasoline, distillates, and jet fuel, in the Midwest and Rocky Mountain regions, according to a new study commissioned by EIA.
EIA: Midwest, Rocky Mountain regions increasingly self-sufficient in fuel production
A new study, commissioned by the US Energy Information Administration (EIA), finds that changes in North American energy markets over the past decade have strengthened the supply of transportation fuels including motor gasoline, distillates, and jet fuel in the Midwest and Rocky Mountain regions.
Industry Metrics
The European market saw stronger domestic demand amid gasoline export opportunities to West Africa and higher volumes of naphtha and fuel oil to Asia, fed by continued strong demand in that region. After recovery from the impact of the Colonial Pipeline outage, US refinery runs have risen, mainly in the USGC, taking advantage of stronger export opportunities and ahead of the spring maintenance season.
Business Trends: Africa—Will increasing demand spark downstream capacity builds?
Over the past decade, Africa’s oil demand has increased by more than 1 MMbpd, to nearly 3.9 MMbpd. Africa’s oil production is more than double the amount it consumes, but lack of investment, failing infrastructure and inadequate refining capacity force the continent to rely on imports to satisfy increasing fuel demand.
Implement proactive asset management techniques
The drop in crude oil prices since 2014 has impacted both upstream producers and downstream players. Upstream producers—those responsible for exploration, drilling and production—were the first to feel the effects. While refining margins benefitted from the drop in crude oil pricing, they began to suffer when record surpluses of gasoline and diesel flooded the market a year later.
- BPCL plans $11-B refinery and petrochemical project in South India 12/26
- Mexico's new Olmeca refinery operated at 17% of capacity in November 12/26
- Relevant Industrial announces acquisition of Loy Instrument Inc. 12/26
- Indian state refiners may buy Middle East spot oil to replace Russian shortfall 12/26
- Stellantis unit to pay $4.2 MM to resolve California (U.S.) emissions probe 12/26
- Japan's Taiyo Oil to shut two CDUs at Shikoku refinery for maintenance 12/26