Refining
Tanzania hikes fuel prices on weaker currency, crude costs
DAR ES SALAAM (Reuters) -- Tanzania's energy regulator raised maximum retail prices of petrol and diesel on Monday, citing higher international costs for both crude and refined products and a weaker local currency, a move expected to exert upward pressure on inflation.
People
Udo Bauer has been appointed to the executive board of Hoerbiger Holding AG. Mr. Bauer will represent the compression technology strategic business unit, now comprised of the previous compressor OEM business area and the previous compressor service business area, as the business unit’s CEO.
Industry Metrics
Asian refinery margins remained healthy ahead of the spring maintenance season, despite a slight fall due to signs of a bearish gasoline market.
Business Trends: Standardized modularization—Drivers, challenges and perspectives in the oil and gas industry
Modularization is an alternative way of performing engineering aimed to reduce the number of interfaces, the total installed cost (TIC) and overall schedule length of a project, while optimizing the return on investment (ROI) and allowing standardization for similar future projects.
Industry Perspectives: What is the solution to comply with the IMO’s Global Sulfur Cap regulation?
In October 2016, the International Maritime Organization (IMO) announced that it will implement a new regulation that calls for the sulfur content in marine fuels to be reduced from 3.5% to 0.5%.
Refining: Uncertainty grips South Africa’s Clean Fuels Program
The planned upgrading of oil refineries in South Africa to produce Euro 5-specified fuels will likely take longer than initially anticipated.
Viewpoint: Operational excellence—The path to world-class performance
Why is operational excellence (OE) increasingly being recognized as the path to world-class performance?
Reliability: Achieve longer bearing life in rotary asphalt pumps
When a major asphalt manufacturer experienced random bearing wear in its gear pumps, there was justified concern.
IR camera technology provides new perspective on furnace inspection routines
A few years ago, managers at a US-based oil refinery called in an expert to inspect their oil furnaces with an infrared (IR) camera.
Through the looking glass: How US EPA regulations are changing the way we visualize methane leaks
In mid-2016, the US Environmental Protection Agency (EPA) published Regulation 40 CFR, Part 60, Sub-part OOOOa, commonly known as QuadOa. This regulation has propelled optical gas imaging (OGI) firmly into the mainstream, and presents a major shift in the way fugitive emissions are regulated and the technologies that can be used.
- China's Wanhua Chemical starts operation at new east China cracker 4/4
- Brookfield Infrastructure announces the acquisition of Colonial Enterprises for $9 B 4/4
- PBF restarts some units at Martinez refinery after February fire; fire-damaged units remain shut 4/4
- Japan to curb gasoline prices from June to cushion U.S. tariff blow 4/4
- Evonik presents innovative "Debonding on Demand" concept for more sustainable bonding 4/3
- Oil, gas and refined product imports exempted from Trump’s sweeping tariffs 4/3
