Refining
HP Industry Perspectives: New crude oil supplies stabilize oil prices
A new US Energy Information Administration (EIA) report highlighted a positive trend unfolding within the global energy market. The rise in US crude oil production has greatly contributed to stabilizi..
HP News
US senator suggests lifting ban on oil exports    The Trans-Alaskan pipeline terminus in Valdez, Alaska. Photo courtesy of The Center for Land Use Interpretation. Senator Lisa Murk..
HP Innovations
Innovations for February 2014.
Investigators: Deficient refinery safety culture to blame in recent blasts
The US report cites a lax safety culture, weak industry standards for safeguarding equipment, and a regulatory system that often emphasizes activities over outcomes.
US energy groups spar over 2014 biofuel mandate
Several leading US trade groups representing the petroleum and biofuels sectors are at odds this week as the EPA prepares to finalize the nation's renewable fuels mandates for 2014.
ExxonMobil sees sharp drop in international profits for refining, chemicals
Exxon said sluggish economic growth in the Asia-Pacific and Europe regions limited refining business, while Asia's chemical sector was hurt by a spate of new capacity added in recent years.
Jacobs wins plant services contract from Suncor for Canadian oil sands
Under the terms of the contract, Jacobs is providing management and services to support the maintenance of the plant’s process, which may include mechanical, rotating and operating equipment, as well as maintenance provisions in the areas of transportation, insulation, painting, and structural work.
Eastman buys BP’s aviation turbine oil business
Annual revenues are approximately $100 million. The acquisition includes a production facility in Linden, New Jersey, specialized laboratory equipment located in Naperville, Illinois, and a long-term supply agreement for products related to the acquired business that BP will use to serve industrial markets.
Pacific Ethanol to enhance yields at Idaho plant
The company chose ICM Inc.'s Selective Milling Technology as a component in its process to increase corn oil production and boost ethanol yields by increasing available starch for conversion.
Suriname selects Honeywell’s MES solution for refinery expansion
Suriname's state-owned oil company will deploy Honeywell’s manufacturing execution system (MES) as part of a major expansion and efficiency project at the Tout Lui Faut crude oil refinery complex.
- thyssenkrupp Uhde completes pre-FEED for HAMR Energy’s renewable fuels project in Australia 8/21
- Europe distillates-diesel profit margins firm 8/21
- U.S.: Indiana's bp refinery restarts after severe flooding 8/21
- Berlin weighs trusteeship extension for Rosneft's German assets 8/21
- Trump administration to rule on biofuel exemption requests, delay reallocation decision 8/21
- TotalEnergies' Donges refinery fire extinguished 8/21
