Refining
Dark oil: Loophole lets Russian refiners dodge duties
(Reuters) — Two Russian refiners are avoiding export duty on fuel oil and vacuum gas oil by renaming them as an oil product that is exempt from the charge, according to a Reuters analysis of customs and refining data, and four industry sources.
Innovations
In the demanding environment of a Claus reaction furnace, flame detection sensors must distinguish whether a flame is still burning against a hot refractory lining background.
Global Project Data
<i>Hydrocarbon Processing</i>’s Construction Boxscore Database is tracking more than 1,700 active downstream projects around the world.
Industry Perspectives: New downstream project announcements drop 14% in 2017
According to Hydrocarbon Processing’s Construction Boxscore Database, more than 770 new projects have been announced over the past 3 yr.
Africa: The rise in Africa’s oil storage infrastructure investments
The drop in crude oil prices, a growing transportation sector and an underperforming crude processing industry have created a strong demand for additional storage facilities in Africa, which is the preferred method of meeting fuel consumption requirements.
Global: Increase in Russian fuel excise tax may hit refinery profitability
The Russian government’s recent decision to raise the excise tax on motor fuel by 1 RUB/l in 2018 may lead to serious losses for the country’s domestic refining industry.
Reliability: Deriving high value from reliability conferences
In August 2017, a publisher-colleague and I attended an important regional reliability conference in Galveston, Texas.
Editorial Comment: Hydrocarbon Processing forecasts $361 B in total HPI spending in 2018
What is the state of the global hydrocarbon processing industry (HPI)?
Details on high-impact refining and petrochemical projects presently under construction, as chosen by HP editors and readers
The global hydrocarbon processing industry (HPI) continues to expand and modernize to efficiently meet growing demand for energy, transportation fuels and petrochemicals.
The design and construction of large crude oil storage tanks with double-deck floating roofs
As crude oil prices decline, consumption of petroleum fuels is increasing.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
