Crude oil
HP Boxscore Construction Analysis: Refining overview: Leading nations by capacity
BP’s Statistical Review of World Energy 2014 showed total global refining capacity of just under 95 MMbpd. The top five countries with the highest refining capacities are the US, China, Russia, India and Japan. Combined, these countries account for nearly 45 MMbpd of capacity, which represents almost half of the world’s total refining capacity.
HP Global: Review of the Middle East refinery industry
The refining business in the Middle East (ME) is very different. The average utilization rates in the ME generally run at maximum and regularly exceed 90%. Also, unlike other regions, refining margins..
HP Petrochemicals: US condensate exports send ripple effects downstream
The US, which a decade ago was considered an aging has-been in oil and gas production, now leads the globe in production, and a growing bucket of these crudes is light and sweet.
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..
HP Industry Metrics: Industry Metrics
A bump in the US economy triggered strong gasoline use. Debottlenecking of pipelines allow more US midcontinent crude to reach US Gulf Coast refineries, which operated at the highest utilization rates..
HP Innovations
Boron technology mitigates metals contaminationAlthough tight oil has changed the landscape of North American refining, resid-type feeds continue to play a key role in the global FCC market, with arou..
HP News
IChemE awards highest professional honor to Shell The Institution of Chemical Engineers (IChemE) awarded its highest honor to Shell in recognition of the company’s worldwide skills and profession..
Global refining: What is the future?
Demand for transportation fuels will continue to increase over the next 15 to 25 years. These fuels will still be primarily based on crude oil. Developing nations are driving growing demand for energy..
United Refining, Enbridge strike cost-sharing deal for US crude pipeline
Enbridge and United Refining reached an agreement for the Line 10 pipeline that carries crude from Canada to URC’s Kiantone line in West Seneca, New York, serving its refinery in Warren, Pennsylvania.
Aramco reduces oil differentials for Europe refiners
The reductions by Saudi Aramco reflect the anticipated reopening of the Ras Lanuf and Es Sider terminals in Libya, which could increase that country's crude oil exports by 500,000 bpd. They also reflect the intention for Saudi oil to remain competitive in southern European markets.
- Samsung C&T and Axens partner to accelerate global deployment of CCUS projects with advanced DMX™ technology 2/24
- Yokogawa and CMC Solutions sign global sales and service agreement for predictive emission monitoring systems for industry 2/24
- Update on Asian refinery maintenance/turnarounds and outages 2/24
- NOVA Chemicals commercializes two new recycled polyethylene grades 2/24
- Verso Energy to use Honeywell UOP tech for seven eSAF projects 2/24
- Kuwait's KPC draws BlackRock, Brookfield, EIG to possible $7-B pipeline deal 2/24
