Americas
Diesel exports from US Gulf fall sharply in 2016
Diesel exports from the US Gulf Coast face growing competition from Asia and the Middle East, where huge new refineries such as Reliance's Jamnagar and Saudi Arabia's SATORP started exporting large volumes to Europe last year.
Brazil’s Petrobras to launch voluntary layoff plan
The program will cost 4.4 billion reais and is open to all employees, according to a statement from Petrobras, which has been hard hit by low oil prices, refinery project problems and a massive price-fixing, bribery and political kickback scandal.
Cheap gas slashes US coal-by-rail traffic, lowers demand for diesel
This is reducing the number of railcars moving across the tracks and the railroad companies' purchases of diesel, leaving diesel stocks at a seasonal record.
Business Trends: Global petrochemical overview—Part 1
This series examines the global petrochemical landscape, new project developments and regional outlooks.
Global Project Data
This month’s installment of Global Project Data focuses on the global petrochemical sector.
US ethane output to rise as petchem exports, consumption expand
Ethane production is expected to increase from 1.1 MMbpd in 2015 to 1.4 MMbpd in 2017.
LNG producers urged to look downstream to build industry
Many oil companies have moved from production to refining and fuel retailing operations. Likewise, LNG leaders should also search for ways to form a more sustainable market.
Shell, thyssenkrupp partner on sulfur-enhanced technology for urea
Combining Shell Thiogro’s sulfur-enhanced urea technology with UFT’s fluid-bed granulation process will enable the largest urea plants in the world to produce granulated sulfur-containing urea.
High gasoline demand leaves US refiners with surplus of distillates
To meet gasoline demand from motorists, refiners have to process increased volumes of crude, leaving them with unwanted stocks of hard-to-sell distillates and other products.
CF opens new US urea ammonium nitrate plant
This is the second new plant to be commissioned and started-up as part of CF’s capacity expansion projects in North America. It is the largest operating single-train UAN plant in the world.
- bp's Whiting refinery union workers reject contract extension 2/2
- China's CNPC set to restart Dalian refinery to process Russian oil 2/2
- Dow announces 2029 startup of Phase 1 of its $7.5-B Path2Zero ethylene project 2/2
- ExxonMobil, Chevron see glimmer of Venezuela's potential, especially in refining its crude 2/2
- Nigeria's Dangote refinery expands gas deals with NNPC to secure fuel for expansion programs 2/2
- Carlyle in talks with potential UAE partners on Lukoil assets 2/2
