Cetane
HP Global: 2015 outlook for oil price and its refining sector implications
What is the oil price outlook for the next 12 months? As of early January, the price of Brent has effectively halved compared to the 2014 summer peak, similar to the price collapse of 2008. However, u..
Shale gas drives new opportunities for US downstream
This shift to lighter feeds for the SC will reduce the future availability of other petrochemical feedstocks—in particular, propylene.
HP Viewpoint: US shale revolution set to spill over into downstream
The US shale boom is rapidly changing from an upstream story to a broader energy evolution with increased margins migrating to midstream and, more particularly, to downstream. In downstream oil, disco..
HP Industry Metrics
Mid–October crude oil prices slumped as the International Energy Agency (IEA) announced a slight increase in global oil demand by 700 Mbpd. In contrast, oil production is forecast to increase by ..
HP Industry Perspectives: More waves for marine fuels
The outlook for heavy fuel oil is not optimistic. New fuel specifications for marine bunker fuels under the International Convention for the Prevention of Pollution from Ships (MARPOL) Annex VI regula..
What is the impact of US shale oil on global markets and refinery configurations?
One of the most important factors in determining a refinery’s profitability is its ability to access low-cost feedstocks. This is not to be confused with survivability. Some uneconomic refineries..
Overcome the imbalance between diesel and gasoline production
A number of strategies can be applied to increase the overall product selectivity to middle distillates.
HP Viewpoint: Refining industry developments—Growing opportunity and uncertainty
The U.S. has seen a dramatic change in energy production in just a relatively short period. Crude oil output has increased by about 55% in the last five years, according to data from the Energy Inform..
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..
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..
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