Gasoline
Manage the impacts of high-solids crude oil more effectively
Solids in crude oils present refiners with many challenges. Processing higher-solids-content crude oils increases the need for the management of such solids even more. The Canadian Association of Petr..
HP Global: European refining—Cornered, with no way out?
2013 was a dismal year for European refining in terms of record low crude runs, which reflect weaked demand outlook and increasing competition from other regions. Out to 2020, we envisage European ref..
HP Industry Metrics
Mid–October crude oil prices slumped as the International Energy Agency (IEA) announced a slight increase in global oil demand by 700 Mbpd. In contrast, oil production is forecast to increase by ..
HP Global: Asia-Pacific’s refining industry entering a low-margin cycle
The global refining industry is struggling with overcapacity even after the closure of 3.5 MMbpd of capacity since 2011. Accordingly, global refining margins are expected to weaken in the coming years..
HP Industry Metrics: Industry Metrics
According to the International Energy Agency’s August Oil Market Report, 2014 global oil demand has stalled. The International Monetary Fund (IMF) revised down its forecast for global economic gr..
HP People
IHS has named two industry veterans to join its chemicals leadership team. Stein Raae, an international business executive and advisor with more than 30 years of experience at ExxonMobil, Statoil and ..
Wyoming Refining licenses Technip, ExxonMobil technology on new unit
The unit converts benzene contained in the gasoline pool into high-octane blendstock by reacting the benzene with propylene. The award includes technology license, process design, and start-up services.
Foster Wheeler to work with ZeoGas on US Gulf gas-to-gasoline plant
Foster Wheeler will support ZeoGas’ final site selection and project planning towards the development of ZeoGas’ first fuels manufacturing plant, to be located on the US Gulf Coast.
BP buys Couche-Tard aviation fuels unit in Europe
The deal will add around 73 new airports in the Nordic countries and Northern Europe to Air BP’s global fuels network. The deal, which is subject to regulatory approvals, is expected to close by late 2014.
What is the impact of US shale oil on global markets and refinery configurations?
One of the most important factors in determining a refinery’s profitability is its ability to access low-cost feedstocks. This is not to be confused with survivability. Some uneconomic refineries..
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