Refining
HP Industry Metrics
The OPEC Reference Basket for crudes fell $1.23 in March. Changes in the crude oil markets are attributed to a slowdown in China’s economy and reduced crude oil demand by refineries. Non-OPEC sup..
What separates the best-of-class companies from the rest?
Many metrics can be used to define the top-performing downstream companies. Often, it includes financial (profits) results, environmental and safety performance, equipment availability and more. Howev..
Marathon Petroleum proposes $2.5 billion upgrade for Garyville refinery
If approved, the project includes new hydrotreating, hydrocracking and desulfurization units, along with infrastructure such as buildings, tanks, cooling towers, and rail and electrical facilities.
Suncor Energy reports employee death at Alberta oil sands facility
Suncor emergency service personnel responded at approximately 11:30 a.m. on Sunday when an employee was severely injured while working at the Fort McMurray oil sands site.
LyondellBasell ends talks to sell French refinery
LyondellBasell said Sotragem's recent bid for the 105,000 bpd Berre refinery lacked acceptable commercial terms and showed no guarantee of a restart of the idled refinery.
Technip wins engineering package in Germany for new Cargill ethanol plant
Technip was awarded a contract comprising detailed engineering, procurement and construction for the core process units of Cargill’s new ethanol production plant in Barby, Germany.
Foster Wheeler to supply CO incinerator for new Vietnam refinery project
The contract was awarded by JGC Corp., which is acting on behalf of the engineering, procurement and construction consortium for the $9 billion Nghi Son refinery and petrochemical complex.
Syngenta unveils cellulosic fuel collaboration to improve ethanol plants
The new ACE technology has been shown to significantly increase a plant's ethanol production while delivering other plant benefits such as increased corn oil production.
Metso to supply valve technology for China heavy crude processing site
The new delivery includes large Neles valves for the delayed coking process, which is one of the demanding subprocesses. This process sets especially high requirements for valve reliability and tightness.
EIA administrator expects flat summer market for US transportation fuels
Adam Sieminski, administrator for the US Energy Information Administration (EIA), described flattening in transportation fuels pricing and abundant new crude oil supplies.
- Ineos to shut polystyrene facility in Illinois (U.S.) by the end of the year 6/19
- How ASTM approval of methanol-to-jet accelerates SAF at scale 6/19
- EU crafts plan to give industries extra free CO2 permits this year 6/19
- PetroChina forecasts Chinese oil consumption will drop 4.9% this year 6/19
- Digital Exclusive: Water injection pump mechanical seals failure after pump shutdown 6/19
- Russian gasoline output down 25% so far in June after drone attacks on refineries 6/19
