Refining
HP Impact: The modern world of steel
The World Steel Association recently published the 2012 edition of “World Steel in Figures.” This study provides essential facts and statistics about the global steel industry, including inf..
HP Innovations: Innovations
PCHEs boost power from waste heatHeatric recently supplied Echogen Power Systems Inc. with Printed Circuit Heat Exchangers (PCHEs) for Echogen’s Supercritical CO2 (ScCO2) power generation cycle. ..
Fire incident at Jaipur was a wakeup call
After the 2009 accident at Indian Oil's lubricants terminal, new safety standards were developed to help avoid future tragedies. The focus is as it should be, on people, process and technology.
Rhodia, Cobalt to build bio-butanol plant in Brazil
The announcement is another step by the two companies toward the construction of commercial-scale bio-refineries using Cobalt's technology to convert Brazilian bagasse and other local non-food feedstock into bio n-butanol in Latin America. Financial terms were not disclosed.
Lukoil licenses UOP technology for petrochemicals, gasoline production in Russia
Lukoil will license an integrated suite of UOP technologies to produce high-quality gasoline blending components, propylene and other petrochemicals at its facility in Nizhny Novgorod, Russia. Russia is the third largest energy consumer in the world, and demand is growing due to higher economic activity.
Amyris, Total to align on renewable diesel, jet fuel
Total dedicated an $82 million funding budget over the next three years exclusively for the deployment of Biofene, Amyris's renewable farnesene, for production of renewable diesel and jet fuel. Under Tuesday’s announcement, Total agreed to fund $30 million during the third quarter of 2012.
US bars Enbridge from Wisconsin pipeline restart
The U.S Department of Transportation issued a corrective order against Enbridge for the Wisconsin spill, saying the Calgary energy infrastructure company must conduct new tests on the integrity of the pipeline as well as bring in an independent expert to investigate the company's pipeline maintenance plan.
TransCanada wins final permit to build Gulf leg of Keystone XL pipeline
With the extension, the company says Gulf Coast refiners can access cheaper domestic production and avoid paying a premium to foreign producers, thereby reducing costs.
Gasoline profits decline for European refiners amid weak demand - analysts
Massimo Vacca, head of investor relations at Italy's Saras, said the recent rise in crude prices and in gasoline stocks had contributed to the squeeze on refiners' profits. Profits on gasoline in Northwest Europe have nearly halved to $10.73/ton from $19.23/ton, the lowest level in over two months.
Smithfield CEO calls for US to cut ethanol mandate
In addition to a temporary waiver of the mandate, Congress should pass a bill that would lower the federal Renewable Fuels Standard when US corn supplies fall below a certain threshold, Smithfield CEO C. Larry Pope wrote. A waiver would ease requirements that refiners blend ethanol with gasoline.
- Sinopec, Aramco start building $10-B petchem complex in China's Fujian 11/18
- CTCI awarded $417-MM EPC contract to build ethylene storage in Qatar 11/15
- Russian refineries cut oil runs due to losses, closures loom 11/15
- Spain's Moeve swings to quarterly loss on weak refining margins 11/15
- Asia naphtha supply expected to remain tight over next two years 11/15
- Countries, companies lag in response to tackle methane emissions, U.N. says 11/15
