Diesel
Total unloads UK downstream marketing assets
Total has signed a sale and purchase agreement to sell most of its marketing assets in the UK, the Channel Islands and the Isle of Man to Rontec Investments, a consortium led by Snax 24, an independent forecourt operator in the UK.
Release of strategic oil reserves: New form of economic stimulus
On June 23 International Energy Agency (IEA) members announced the release of 60 million barrels of strategic oil reserves over a month—the equivalent of 2 million barrels per day (bpd) for 30 days. Half of this amount—30 million barrels—will come from the US Strategic Petroleum Reserve (SPR), which currently holds 726.5 million barrels of crude. The release of 60 million barrels over 30 days will temporarily increase world oil supply by about 2.3 percent.
New diesel hydrotreater from Axens starts up at Ras Tanura refinery
A grassroots diesel hydrotreater unit (Prime-DTM), licensed by Axens, has successfully been put into production at Saudi Aramco’s Ras Tanura refinery, company officials said on Friday.
Lubrizol shareholders approve sale to Berkshire
At a special meeting on Thursday, shareholders of specialty chemicals firm Lubrizol overwhelmingly approved the acquisition of the company by Berkshire Hathaway for $135/share in an all-cash transaction.
Improve energy efficiency for distillate hydrotreaters retrofit options
Energy conservation is a complex analysis on existing units, but benefits are possible
Rethink planning and scheduling’s role in refinery optimization
New tools improve prediction of unit feed qualities and yields
HP Construction: South America
Technip, in consortium with Tomé Engenharia, was awarded a lump-sum turnkey EPC contract by Petrobras for five new units at the Presidente Bernardes Refinery in Cubatão, state of São Pa..
Honeywell to begin work on new transportation fuels refinery in Iraq
UOP LLC, a Honeywell company, said Wednesday that its technology has been selected for a new transportation fuel refinery to be built in Iraq, with design to begin in the second quarter of 2011.
Oil refiner Holly joins Endicott's US biodiesel project
Endicott Biofuels has teamed up with US petroleum refiner Holly Corp. to form the Sabine Biofuels joint venture, in which the companies will collaborate on a 30mn gal/year biorefinery currently under construction in Port Arthur, Texas.
US petroleum demand rises in April as distillate gains offset lower gasoline use - API
A strong increase in distillate fuel demand this April over a year ago drove an overall rise in petroleum product demand, offsetting a decline in gasoline demand, the American Petroleum Institute (API) trade group said on Friday.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
