Refining
Online Exclusive Executive Viewpoint: The economics of reliability: Global refining 2022
The refining segment provides some of the starkest examples of reliability, facility performance, and profitability that we have seen in recent history. Still, the takeaway continues to be the same: when it comes to big industries, reliability wins, and unreliability loses.
IEA chief says price cap on Russian oil should include refined products
Prices of refined products, such as gasoline and diesel, have soared even more than crude oil in the wake of the loss of Russian supply, because of a global refinery capacity crunch following the closure of several plants around the world.
U.S. refiners step up imports of gasoline-friendly West African crude
U.S. refiners last quarter imported West African oil at the highest rate in nearly three years, customs data showed, buying the gasoline-friendly crudes as they boosted motor fuel production to meet summer driving demand.
Venezuela's refining arm Citgo on the verge of yet another power shake-up
A new battle for control of Citgo Petroleum, the eighth largest U.S. oil refiner and Venezuela's foreign crown jewel, could soon be unleashed under a proposed management shake-up by the South American country's opposition lawmakers.
Advanced Petrochemical to invest $1.6 B in three Saudi plants
Advanced Petrochemical Company, based in Saudi Arabia, said that one of its subsidiary, Advanced Polyolefins Industry Company has signed several agreements worth $1.6 B to fund the construction of plants at Jubail Industrial City II.
UK to examine petrol and diesel market in depth
Britain launched an in-depth study of the gasoline market to investigate a widening gap between crude oil and fuel prices, as well as the difference between pump prices in rural and urban areas.
Austria to tap fuel reserves again during refinery outage
Austria said it plans to release fuel from its national reserves for a second time since an accident at the country's biggest refinery in June prolonged an outage that is set to continue at least for another month.
Citgo ready to resume oil imports from Venezuela if U.S. authorizes
Citgo Petroleum is willing to resume imports of Venezuelan crude, suspended since 2019 by Washington's sanctions on its parent company PDVSA, if the U.S. government authorizes the flow.
Developing and utilizing a novel, toughened epoxy adhesive
When identifying solutions that can offer assurance and longevity, the maintenance and reliability of asset repairs can be challenging.
History of the HPI: The 1980s: Oil spike/collapse, liquid crystals, conducting polymers and the rise of AR/VR
Several major impactful events took place in the global oil and gas and petrochemical industries in the 1980s.
- Ebara Elliott Energy awarded landmark order from Kawasaki Heavy Industries to advance global liquefied hydrogen supply chain 4/24
- Digital Exclusive: Early collaboration with vendors: Mitigating design risk and ensuring successful project execution 4/24
- Pacífico Mexinol celebrates groundbreaking of $3.3-B clean fuels complex 4/24
- Brazil to start tests for diesel blend containing 20% biofuel in May 4/24
- ATOME announces FID for $665-MM green hydrogen project in Paraguay 4/24
- U.S.: Trump grants 90-day Jones Act waiver extension to curb energy costs 4/24
