Refining
HP Industry Metrics
Mid–October crude oil prices slumped as the International Energy Agency (IEA) announced a slight increase in global oil demand by 700 Mbpd. In contrast, oil production is forecast to increase by ..
Phillips 66, Energy Transfer to transport Bakken crudes to US refiners
Phillips 66 has formed a JV to help Energy Transfer Partners build a pipeline that will transport 450,000 bpd of North Dakota Bakken crude oil to the Midwest.
REG begins production, sales of renewable diesel at Louisiana biorefinery
The first truckloads of REG-9000/RHD produced at the 75-million gallon nameplate biorefinery since REG acquired it in June left the plant October 23. The advanced biofuel from REG Geismar, located south of Baton Rouge, meets or exceeds ASTM D975 specifications.
REG finishes upgrades to Iowa biodiesel refinery
Renewable Energy Group has completed upgrades to its 30-million gallon biorefinery in Mason City, Iowa, which allows the plant to produce biodiesel from a wide variety of raw materials.
Venezuela to expand refining capacity by 20%
As part of a $20-billion investment, PDVSA’s refining chief Jesus Luongo announced that the present refining capacity of 1.3 MMbpd will be increased by 265 Mbpd.
ExxonMobil awards EPC work to Foster Wheeler to upgrade Antwerp refinery
Esso moves forward with resid upgrade and new delayed coking project
DuPont, Ethanol Europe to develop Macedonia cellulosic biorefinery
This collaboration agreement brings together three critical components for the preparation of detailed feasibility studies for a commercial-scale 2G ethanol plant to supply the European market.
2015 global downstream spending projected to jump to all-time high
The HPI's total capital, maintenance & operating budgets are expected to exceed $324 B in 2015, representing an all-time high. Global announced project spending is also up.
US public transit agencies increasingly adopt clean diesel technology
Nationally, 44% of the diesel transit buses meet or exceed the first EPA clean diesel standard – Model Year 2007 or newer – while 33% of the US truck fleet meet or exceed the standard.
Russia’s Rosneft, China’s CNPC to increase refining, LNG collaboration
Rosneft and CNPC leaders say they intend to proceed on upstream projects in Russia, refining in China (Tianjin refinery) and several other joint venues of work cooperation.
- HIF Global and German eFuel One GmbH sign HoA for e-methanol offtake 2/20
- Venezuela's refineries boost processing to 35% of capacity 2/20
- New Trinidad gas projects could provide necessary feedstock for country's petchem and LNG sectors 2/20
- MK-Polymer delivers ethylene-propylene rubber to JSC Kazenergokabel 2/20
- Mexican authorities shut down 22-m long tunnel used in illegal smuggling of fuel supplies 2/20
- Digital Feature: First-stage ejector nozzle retrofit achieves meaningful performance improvement 2/20
