Refining

China May crude oil imports at 45.83 MMt, customs data shows

China's crude oil imports rose nearly 12% in May from a low base in the same month a year earlier, although refiners still battled high inventories with COVID-19 lockdowns and a slowing economy weighing on fuel demand.

Slovakia says hardest hit by Russia oil sanctions, expects solidarity

Slovakia said on Friday it would be hardest hit by European Union sanctions on Russian oil and it expected solidarity from Brussels to mitigate the impact.

Venezuela's oil exports plummet to lowest in 19 months on port delays

Venezuela's oil exports last month fell to the lowest level since October 2020 as repairs at the country's main oil port added to delays shipping cargoes.

U.S. EPA expected to release retroactive biofuel blending mandates for 2020-2022

The U.S. Environmental Protection Agency is expected to release on Friday retroactive mandates for the volume of biofuels oil refiners were required to blend into their fuel for the years 2020 through 2022.

Slovak refiner says sanctions plan will halt exports, threaten operations

Slovnaft, a unit of Hungary's MOL, said that planned sanctions on Russian oil would in their current form ban oil product exports after 8 months from Slovnaft to its key markets in central Europe such as the Czech Republic, Austria and Poland.

Industry Perspectives: Hydrocarbon Processing’s Mid-Year Update webcast to be held in late June

Nichols, Lee, Hydrocarbon Processing Staff

Over the past several years, the hydrocarbon processing industry (HPI) has been engaged in a whirlwind of peaks and valleys.

Business Trends: The acceleration of industrial autonomy and its impact on sustainable manufacturing

Finnan, K., Yokogawa

In 2020, the author’s company published the results of a survey that highlighted a significant shift to industrial autonomy, with as many as 89% of companies planning to increase the level of autonomy in their operations.

Innovations

Rhodes, Mike, Hydrocarbon Processing Staff

In a continued effort to serve the corrosion industry, Carboline has launched CarboNext, a program to educate, connect, support and engage with the next generation of engineers and professionals.

Process Control, Instrumentation and Automation: Distillation column DCS control configuration

Friedman, Y. Z., Petrocontrol

Is there a consensus about a distillation column distributed control system (DCS) control strategy? Much has been written about this topic, covering configuration possibilities, constraints and interacting control considerations.

Supply Chain: Strategic cost management: Uncover supply chain inefficiencies

Long, P., Opportune LLP

Controlling costs is critical for any energy company. Firms may spend to grow through acquisition, develop new business, gain market share or invest in new opportunities.