Americas
Diesel’s gloomy message for the global economy
Global shortages of middle distillates such as diesel, gas oil and heating oil are intensifying rather than easing – making it more likely a relatively severe slowdown in the business cycle will be necessary to rebalance the market.
2022 HP Awards Finalists
<em>Hydrocarbon Processing</em>, the downstream processing sector’s leading technical publication for 100 yr, has announced the finalists for its sixth annual <em>HP</em> Awards, which celebrate innovative technologies and people that have been instrumental in improving facility operations over the past year.
AFPM, API joint statement on White House, DOE meeting with U.S. refiners
The American Fuel & Petrochemical Manufacturers (AFPM) and American Petroleum Institute released the following statement after a meeting with leaders of the top U.S. refining companies.
Data, algorithms and collaboration combine for machine-learning success
Process manufacturers are investing significant resources in machine-learning (ML) to increase reliability, profitability and sustainability in their operations—saving millions of dollars in short periods of time through increased efficiency.
Accelerating the transition to renewable fuels
The global push to neutralize carbon-based GHG emissions by 2050 not only holds great promise for the future of the planet, but it also stands to create millions of jobs, spur rapid growth and drive technological innovation.
BP says two killed in Ohio refinery fire
BP said on Wednesday two of its staff were killed after sustaining injuries in a fire at its 150,800 barrel-per-day Toledo, Ohio, refinery.
Gulf Energy Information and AIChE to cohost the ChemE Show
The ChemE and Process Engineering Tradeshow will be the leading exhibition and technical event for chemical engineers in North America.
RGGI carbon dioxide emissions price reached new quarterly record in June 2022
RGGI is a cooperative agreement among 11 U.S. states to reduce CO2 emissions from power plants; it was the first program in the country to place a cap on power sector CO2 emissions.
ExxonMobil to sell its share of Aera Energy joint venture
ExxonMobil affiliates have signed an agreement to sell all of ExxonMobil’s interests in the Aera oil-production operation in California to Green Gate Resources E, LLC, a subsidiary of IKAV.
U.S. expected to announce 3 years of biofuel blending mandates in Nov
The Biden administration is expected to announce a rule this year that would detail annual biofuel blending mandates for the refining industry for a three-year period instead of just for one.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
