Gasoline
Nuclear disaster will shift $200 billion investment to fossil and renewables
In the next five years over $3 trillion will be invested in dynamic segments of the power, energy and water industries. However, forecasts regarding the division of this investment made just months ago are now revised to reflect lower investment in new nuclear power plants and higher investment in alternatives.
Haldor Topsøe's contract with Petróleos de Venezuela, S.A.
Petróleos de Venezuela, S.A. (PDVSA) and the Danish company Haldor Topsøe have signed a contract for the Centro de Refinación Paraguaná Project.
Update on dire refining situation in Japan
The 8.9 magnitude earthquake that struck Japan on March 11th has caused considerable interruption to oil refinery operations in the country. Hydrocarbon Processing’s Boxscore Database has complied data indicating that with a total of 28 oil refineries, Japan is the second largest refining country after China in the Asia-Pacific region.
Japan's refining industry partially closed
Chaos continues as bleak news from Japan streams in from devastated areas
Refinery margins may increase on heels of disaster
Profits from gasoil production in Asia may surged to the highest in 2 ½ years, and fuel oil’s loss narrowed the most in a month after Japan’s biggest earthquake knocked out power plants and refineries, according to Bloomberg online article
Canadian oil association supports oil sands monitoring
The Canadian Association of Petroleum Producers supports a robust environmental monitoring system in the oil sands region of northern Alberta.
Foster Wheeler aiding with design of waste plastics to liquid fuels plant in Ireland
Foster Wheeler AG announced today that its Global Engineering and Construction Group has been awarded a contract by Cynar Plc to provide basic process engineering design services for a 6,000 tpy plant to convert non-recyclable waste plastics into liquid fuels, primarily diesel.
Monster quake wreaks havoc on Japan’s refining industry
An 8.9-magintude earthquake caused catastrophic damage to Japan’s northern Pacific coast on March 10.
Oil sands quite an opportunity for Canada and the US
A next generation of oil sands development in Canada is set to emerge amid rising world demand for energy resources, according to Imperial Oil CEO Bruce March. March’s remarks were captured during the annual IHS CERA executive conference in Houston, Texas.
Valero confirms purchase of Chevron's Pembroke refinery and other assets
Valero Energy announced today that it has agreed to acquire Chevron's Pembroke refinery in Wales, UK, as well as extensive marketing and logistics assets throughout the UK and Ireland, for $730 million, excluding working capital.
- SkyNRG starts construction on its first SAF plant in Delfzijl, the Netherlands 2/13
- India's Reliance wins U.S. license for Venezuelan oil 2/13
- Singapore light distillates stocks hit over 3-yr high on robust imports 2/13
- Three contractors injured at ExxonMobil facility in Beaumont, Texas (U.S.) 2/13
- China's epic renewables boom lifts it into rare clean capacity club 2/13
- TotalEnergies booked loss in France due to refining activities, CEO says 2/13
