Crude oil
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.
Gasoline rises, crude falls as US refiners cut rates
Gasoline headed for the biggest one-day gain since June, widening the profit refineries make from processing a barrel of crude into the fuel. Plants cut their operating rate by the most since June.
- INEOS Inovyn agrees to sell its Italian chlor-alkali business to Esseco Industrial 4/21
- LOTTE Chemical to merge into integrated corporation after spinning off Daesan plant 4/21
- Petronor and H2SITE partner to pioneer high-purity hydrogen production in refining through advanced membrane technology 4/21
- Emerson accelerates edge ecosystem for real-time enterprise operations intelligence 4/21
- Tracerco launches DrumVision™ to deliver real-time process visibility in delayed coking and demanding interface measurement applications 4/21
- IMI signs global framework extension with Solvay for the provision of IIoT sensors 4/21
