Octane
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: 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 ..
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..
Overcome the imbalance between diesel and gasoline production
A number of strategies can be applied to increase the overall product selectivity to middle distillates.
Improve refining of tight oil via enhanced fluid catalytic cracking catalysts
Crude oils from tight formations are relatively light, low in concarbon, and contain different contaminants. They have high naphtha and distillate yields, lower vacuum gasoil (VGO) content and almost ..
HP Viewpoint: Refining industry developments—Growing opportunity and uncertainty
The U.S. has seen a dramatic change in energy production in just a relatively short period. Crude oil output has increased by about 55% in the last five years, according to data from the Energy Inform..
HP Industry Perspectives: New development for drop-in fuels
Future fuels must have a unique “drop-in” capability. They must also be compatible with present vehicle engines and fungible within the distribution system. Finding alternatives to corn-base..
Global refining: What is the future?
Demand for transportation fuels will continue to increase over the next 15 to 25 years. These fuels will still be primarily based on crude oil. Developing nations are driving growing demand for energy..
Examining the ecological and profitable uses of refinery residues
With prices pressured and stricter environmental legislation being implemented, refineries are being increasingly forced to look at new ways of processing heavy residues.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21