Diesel
Improve refinery profitability by processing low-value streams in a diesel hydrotreater
Global demand for middle distillates, especially diesel, is increasing.
Saudi Aramco and partners’ CAN-15 recognized with JPI award
Saudi Aramco and its research and development (R&D) collaboration partner, JGC Catalysts and Chemicals—a leading catalyst developer and manufacturer in Japan— have been awarded the Japan Petroleum Institute (JPI) 2015 International Technology Exchange Award.
Honeywell UOP introduces expanded range of hydrotreating catalysts
Honeywell UOP has expanded its portfolio of hydrotreating catalysts, which are used to remove impurities and contaminants from petroleum and other refining feedstocks to produce cleaner-burning gasoline and diesel that meet new global emissions regulations.
Egypt plans to end fuel subsidies within three years
Egypt plans to end fuel subsidies within three years and is aiming to increase fuel prices to 65% of their actual cost during the 2016/17 fiscal year.
Flint Hills Resources to construct $20 M fuel terminal expansion
Flint Hills Resources will begin construction on a $20 M expansion of its Waupun, Wisconsin fuel terminal.
Industry Metrics
Asia refining margins fell despite strong regional demand.
Global: Meeting Africa’s demand for oil products
Demand for refined oil products is expected to continue growing in Africa, both in the short and medium terms. However, the continent’s refining capacity is unlikely to keep pace as commercial risks threaten to hold back planned new refineries and the expansion of existing facilities.
Industry Metrics
US refinery utilization rates have increased in some areas following the peak of maintenance season.
Business Trends: Will India be Asia’s next downstream powerhouse?
The Asia-Pacific region dominates in the total number of active projects in all sectors of the downstream hydrocarbon processing industry. Just as China has seen unprecedented growth over the past decade, India is emerging as the globe’s new oil demand center.
Global Project Data
According to <i>Hydrocarbon Processing’s </i> Construction Boxscore Database, there were nearly 90 new project announcements from January 2015 to June 2015.
- 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
