Refining
HP Business Trends
To satisfy its growing refined fuel demand, Latin America has relied heavily on imports from the US. Major refinery projects have been announced to curb this reliance, but the drop in crude oil prices has limited capacity expansions.
HP Industry Metrics
The US product market continued to reflect a surge in domestic gasoline demand, allowing gasoline cracking spreads to hit levels not seen in more than two years.
HP People
Golnar Motahari Pour has been named to succeed Gerard de Reuver as president of DSM Dyneema.
New projects decline, but backlog holds strong
Even after the recent downturn in oil and natural gas pricing, our analysis shows why downstream E&C companies can depend on a strong backlog to last through the decade.
Egypt plans $300M refinery expansion in gasoline; contracts UOP technology
ANRPC will add a second UOP CCR Platforming process unit, including a modular CCR section, at the facility to produce high-quality reformate, which is used to produce high-octane, low-sulfur gasoline.
CHS takes sole ownership of NCRA crude refinery in McPherson, Kansas
"As the nation's leading cooperative energy company, becoming the sole owner of this refinery and its related pipelines and terminals is a critical step in adding value for our member-owners and other customers," said Jay Debertin, CHS executive vice president and chief operating officer.
CNPC shuts Niger refinery after mechanical failure
"The refinery has broken down. That's all I can say," Soraz spokesman Magagi Dada told private TV station RTT. The refinery was built as a joint venture between CNPC and the Niger government.
Amec Foster Wheeler to work on Vietnam’s Dung Quat refinery expansion
The two-year contract includes the optimization of the refinery configuration, coordination of licensors, and the design for new units as well as the revamp of existing units.
Vepica leads Texas crude fractionation project
This new facility consists of an atmospheric distillation unit (ADU) designed to process 25,000 BSPD and to provide run products to storage facilities, as well as the utilities required to support the proper and safe operation of the processing systems.
Ensyn wins regulatory approval from EPA for US renewable diesel sales
RFDiesel, a drop-in diesel transportation fuel, is created by processing Ensyn's renewable crude, a liquid cellulosic feedstock, with customary petroleum feedstocks in conventional petroleum refineries.
- 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
