Biofuels
Examining the ecological and profitable uses of refinery residues
With prices pressured and stricter environmental legislation being implemented, refineries are being increasingly forced to look at new ways of processing heavy residues.
Case history: Modernization of Russia’s refining industry—Part 2
Russia’s refining industry is set to make major changes to improve profitability and produce cleaner transportation fuels. Such changes will enable the refining industry to export cleaner fuels t..
HP Industry Perspectives: Second-generation petrochemical processes take lead
Ethylene is the bellwether petrochemical. Almost all petrochemicals begin with ethylene and proceed to other major petrochemicals, including polyethylene (PE), ethylene dichloride, ethylbenzene and et..
HP News
Refining capacity in the US increases slightly At the beginning of 2014 in the US, there were 139 operating refineries and three idle refineries with total atmospheric crude oil distillation capacity ..
HP Industry Metrics: HP Metrics
At mid-year, the global demand for oil remains steady, and growth is forecast to average about 1.13 million bpd (MMbpd). Analysts are more optimistic for greater demand increases in 2015 at 1.21MMbpd,..
Elevance, Genting plan new Malaysia biorefinery
The collaboration aims to produce renewable, high-performance olefins and specialty chemicals that can be used in multiple end products, including lubricants, surfactants and detergents.
BioAmber wins grant on Canada succinic acid plant
The C$7 million in funding will be used to support the ongoing construction of the C$135 million ($125 million) bio-succinic acid plant that is under construction in Sarnia, Ontario.
Case history: Modernization of Russia’s refining industry—Part 1
Russian laws governing transportation fuels and crude oil have undergone many changes. These regulatory changes will involve the revamping of Russia’s refining industry. At present, this nation h..
Which margin levers impact Group I and Group II base stock competitiveness?—Part 2
This is the second in a two-part series assessing the struggle taking place between Group I and Group II/III for market control and price formation in the global base stocks industry. Part I provided ..
HP News
API releases three new standards to improve refinery safetyThe American Petroleum Institute (API) issued three new first-edition standards to enhance refinery safety and inspection programs:RP 583, Co..
- 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
