Crude oil
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 Industry Perspectives: Tale of two continents
Growing supplies by non-OPEC countries has introduced some calm for crude oil prices. However, other factors are influencing profitability and margins. In the US, the abundance of shale oil and the 40..
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..
HP Industry Metrics
Global energy markets are reaching a new equilibrium, according to Wood Mackenzie analysts. As demand shifts to the East, it will expand to extraordinary proportions. However, the world finds itself i..
What is the ‘refinery of the future’?
For years, technology experts and engineers have discussed the elements and operations that will define the refinery of the future. The refining industry has made great progress from the early days. H..
US sees monthly increase in production, demand for refined products
“Last month saw a continuation of recent trends, with strong demand and even stronger production resulting in falling import levels,” said API chief economist John Felmy.
API launches new campaign for next generation oil and gas workforce
Recent reports show that job growth in oil & gas has been 40-times higher than the US economy as a whole, and near 1.3 million additional jobs could be available by 2030.
Phillips 66 buys Beaumont crude, product terminal
The Beaumont terminal is strategically located on the US Gulf Coast. It provides deep-water access with major crude oil and refined product pipelines serving 3.6 million bpd of refining capacity.
Study: GHG from US-refined crude oils unchanged by Canadian oil sands
The rise in Canadian oil sands imports was offset by declines in imports of other heavier sources of supply that have a GHG intensity within the same range as oil sands, the study says.
- Petrobras selects Honeywell's ethanol-to-jet technology for large-scale SAF plant 4/14
- Technip Energies awarded two FEED contracts by SOGARA for refinery complex in Gabon 4/14
- SUBLIME Energie inaugurates world's first system capable of liquefying biogas into a renewable fuel 4/14
- Petrobras in talks with Mubadala to buy back Mataripe refinery 4/14
- bp's new CEO to simplify company structure into upstream, downstream units 4/14
- Vitol to invest $130 MM to boost South African storage capacity in Durban 4/14
