Asia/Pacific
Platts restricts Qatari-loading crude in pricing process
SINGAPORE/LONDON (Reuters) — Oil pricing agency S&P Global Platts said it will not automatically include Qatari-loading crude in its Middle East benchmark after Saudi Arabia and some other Arab states cut ties with Doha, a move that disrupted traditional shipping routes.
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 1,700 active downstream projects around the world.
Industry Metrics
US gasoline demand increased with the shift to summer fuels and higher export opportunities to Latin America.
Industry Perspectives: The digitalization of the downstream industry
The digitalization of the hydrocarbon processing industry (HPI) is in full swing. Numerous companies have created, and are optimizing, digital technologies to improve plant operations, increase energy efficiency and lower costs.
Digital: Transitioning from the spreadsheet to the Cloud
The Industrial Internet of Things is expected to create a $225-B market by 2020, opening new opportunities for industrial organizations related to data and asset management.
Editorial Comment: Optimizing our message to the oil and gas industry
The pages of <i>Hydrocarbon Processing</i> contain numerous case studies, techniques, advice and step-by-step approaches to optimizing downstream operations. These elements have been the focus of the magazine for the last 95 yr.
Use of neural networks for naphtha feed characterization in a cracker plant
Olefins are major building blocks for petrochemicals. Due to their reactivity and versatility, there has been tremendous growth in the demand for olefins, especially for light olefins such as ethylene, propylene, butenes and 1,3-butadiene, etc.
Yokogawa awarded analyzer package order for Oman petchem complex
Yokogawa Electric Corporation announces that its subsidiary, Yokogawa Electric Korea, has received an order to supply an analyzer package solution for the Liwa Plastics Industries Complex, which is being built for Oman Oil Refineries and Petroleum Industries Company (Orpic), a company owned and operated by the Oman government.
OPEC oil cut extension renews Asia's crude supply worries
SINGAPORE (Reuters) — The OPEC-led decision to extend a production cut to March 2018 disappointed financial investors, prompting an exit from oil futures markets, while refiners in Asia were mostly concerned with whether it meant they would need to go hunting for crude.
China's teapot refiners set to slow crude imports as tanks overflow
BEIJING/SINGAPORE (Reuters) — As OPEC extends production cuts in a bid to tighten the oil market, China's independent refiners—awash with crude and facing disappointing local demand—are poised to slow purchases of oil for at least the next two months.
- Methanex and Entropy partner to reduce emissions in methanol production 7/18
- Abraxas Power awards McDermott ECI contract for Canada's first green ammonia plant 7/18
- ClearSign Technologies to install 26 burners at U.S. Gulf Coast chemical facility 7/18
- Evolution in the rapid, onsite detection of microbial contamination in diesel fuel 7/18
- U.S. crude stocks fall, gasoline and distillate inventories rise 7/18
- Japanese refiners urge early orders from airlines amid jet fuel shortage 7/18
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
