Europe
Kuwait refines crude pricing strategy in battle for European customers
Large sales from Iraq's Kurdistan into Europe have added to the competition and now Kuwait -- a usually little-noticed seller in Europe -- is both increasing sales and making its crude more attractive.
Iran to raise oil exports in March amid more sales to European refiners
Litasco, the trading arm of Russia's Lukoil, Cepsa and Total have become the first buyers in Europe after the lifting of sanctions and lifted trial cargoes in February.
Meet EPA Tier 3 clean fuel regulations through improved blending processes
This article will examine the impact of Tier 3 regulations on gasoline blending at refineries and terminals, and illustrate options that can contribute to compliance while keeping costs under control.
Minimize unplanned shutdowns of fired heater operations
There are many potential “rules,” or guidelines, for the safe operation of process heaters.
Linear position sensors gain preference in industrial process control applications
Today’s industrial process control applications increasingly use automated systems to optimize operations and ensure a safer, more productive process.
Project Management: Protect operating margins with outsourced asset management
The oil and gas sector is under pressure to maintain operating margins. Although oil prices have stabilized in recent months, they have, nonetheless, fallen dramatically in the last year. This has bee..
Industry Metrics
Refinery margins weakened in the US due to lower winter demand.
EU urged to set 2030 biofuels target for security
Competition from cheap oil has added to the pressure on the advanced biofuel industry, which so far has only a non-binding 2020 EU target of 0.5% to guide investment.
Italy’s Eni slashes 2016 investment plans after reporting heavy losses
Eni posted a net loss in the quarter of 8.46 billion euros ($9.4 bln) on Friday after booking charges on its stake in oil service company Saipem and chemical unit Versalis.
BASF braces for lower operating profit as Chinese chemical sales slump
Slight profit gains in farming pesticides, and specialty chemicals and plastics, will be overshadowed by considerable declines at its basic petrochemical businesses and at its Wintershall oil and gas division.
- Evonik launches high performance isodewaxing catalysts for fuels and lubricants production 4/16
- BASF to increase its price for neopentylglycol in the U.S. and Canada 4/16
- AMETEK Process Instruments announces additions to next-gen quartz crystal microbalance moisture analyzer line 4/16
- Brenntag Energy Services announces designated distributorship with BASF for Keropur fuel performance additives in continental Europe 4/16
- Shell restarts crude unit at Pernis oil refinery 4/16
- Nigerian airlines threaten to halt flights over soaring jet fuel prices 4/16
