Petrochemicals
Taiwan's Formosa Petrochemical offers 2018 jet fuel, diesel term
SINGAPORE (Reuters) — Taiwan’s Formosa Petrochemical Corp has offered a total of 3.3 MMbbl of jet fuel and diesel for 2018 term contracts, tender documents showed on Monday.
Shell looks beyond road fuels to secure future of refining
LONDON (Reuters) — While the world braces for the electric-vehicle revolution, Royal Dutch Shell is betting on growing appetite for asphalt and plastics to sustain its century-old oil refining business for the coming decades.
Petronas, Aramco to finalize RAPID deal after resolving 'technical issues'
KUALA LUMPUR (Reuters) — Malaysian state energy company Petronas and Aramco are facing "technical issues" in finalizing the Saudi oil major's $7 B investment in a refinery project, but the deal will be completed soon, state news agency Bernama reported on Friday.
Metso receives major oil and gas valve orders from Chinese petchem customers
Metso has received four major valve orders for the oil and gas industry from Chinese petrochemical customers.
Safety: Process safety and risk management— An industry view
In 2017, Petrotechnics released its process safety and risk management (PSM) survey.
Industry Metrics
The global middle distillate market continued to improve on healthy demand and depleted stocks amid regional maintenance, while the bottom of the barrel saw pressure due to low demand and high inventory levels in Asia and Europe.
Optimize operating parameters for C3 splitters to accommodate feed changes
In the oil and gas sector, fractionation is a vital part of every plant.
Comparing DNBP replacement options in styrene production
The manufacturing of styrene commonly uses 2,4-dinitro-6-sec butylphenol (DNBP) as a retarder to protect against styrene polymer formation.
Process safety incidents involving simultaneous operations
Some process safety incidents occur as the result of simultaneous or sequential occurrences of operations or activities that interfere or clash with each other.
Praxair starts up VPSA plants in South Korean petchem complex
DANBURY, Conn. — Praxair, Inc. announced it has started up three new vacuum pressure swing adsorption (VPSA) plants at the Daesan petrochemical complex located on the west coast of the Korean peninsula. Praxair will start up a fourth VPSA plant in early 2018.
- Brazil to phase out subsidy for diesel more slowly than for gasoline, minister says 7/3
- Chinese independent refiners snap up discounted Mideast oil as supplies rise 7/3
- India refiner Nayara's gasoline sold to Russia via traders 7/3
- India seeks to quell public backlash on ethanol-mixed fuel after 'experiment' remark 7/3
- Venezuela's largest refinery in service after power outage following earthquake 7/3
- U.S.-Iran war still trails the 1979 oil shock by total losses 7/3
