Refining
Europe plays increasing role in US gasoline market
The current state of the crude oil and refining industry in the Northern Atlantic basin has led to excess European gasoline production playing a vital role, says one analyst. That additional production could be saving the US East coast from shortages, he explains.
Nigeria signs $4.5bn refinery deal with US company Vulcan Energy
The deal between US-based Vulcan Energy, the Nigerian government and a local firm, aims to build six refineries with a combined capacity of 180,000 bpd, Nigeria's Trade and Investment Ministry said in a statement, which also listed the 697.5 billion naira ($4.5 billion) price tag.
US sees higher July 4 holiday travel on low gasoline
The price of motor gasoline is another factor expected to play a role in spurring American travel intentions, AAA found. The current national average price of regular gasoline is $3.50/gal, 44 cents lower than the April peak and 16 cents less than this time last year.
Carlyle, Sunoco reach pact to keep Philadelphia refinery in operation
The refinery under Carlyle is expected to become a major new user of the domestic crude that has backed up at an Oklahoma trading hub unable to reach coastal refineries. The Philadelphia refinery could begin processing US crude by the beginning of next year, increasing its demand over time.
CB&I wins Exxon Canada oil sands expansion work
CB&I’s project scope for this phase of the work includes procurement, module assembly at CB&I’s Fort Saskatchewan facilities, and construction and installation of modular components at the site. The deal is valued at approximately $300 million, company officials said.
Catalyst developments: The past 90 years
While catalysis has made many advances in the last 90 years, the application of new technologies developed in other areas may offer great promise for future breakthroughs.
Impact of advanced engineering and design software on the HPI
Future industry innovations may include more integration of tools and information, improved hardware/software access, and the development of new energy resources.
Process control in the HPI: A not-so-sentimental journey
As long as there have been hydrocarbon processing industry (HPI) facilities to process crude oil and intermediates, there have been instruments in place to assist plant operators in measuring, recordi..
Benchmark oil, gas prices poised for divorce
In the global HPI, changing market dynamics are putting a premium on petrochemical and refining units that can crack ethane.
The psychology of energy pricing: A look at market behavior during oil shocks
A review of the energy price shocks of the 1970s and 2000s shows the range and extent to which fundamental and technical factors may influence oil market sentiment.
- Sinopec, Aramco start building $10-B petchem complex in China's Fujian 11/18
- Clariant EnviCat N2O-S catalyst to cut CO2eq by 690,000 tpy at Hengli’s nitric acid plant in China 11/18
- Neste and PCS to bring renewable solutions to Southeast Asia’s chemicals industry 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
