Diesel
US lawmakers scrutinize role of ethanol credits in gasoline price spike
The price of credits used by refiners to meet federal ethanol blending requirements has risen more than 1,000% in recent weeks. The heightened volatility in this normally sleepy market has raised concerns that it is a factor in the recent rise in the price of gasoline.
FedEx truck fleets to shift to natural gas from diesel
In an interview with The Wall Street Journal, CEO Frederick W. Smith said he expects between 5% and 30% of US long-distance trucking to be fueled by compressed or liquefied natural gas over 10 years, as the cost of the trucks declines and fueling stations become more common.
Improve benzene control
The US Environmental Protection Agency (EPA) issued the Mobile Source Toxics (MSAT) Rule on February 26, 2007 (40 CFR Parts 59, 80, 85 and 86). This rule required refiners to reduce the average benzen..
HP Boxscore Construction Analysis: Saudi Arabia’s plan for near-zero-sulfur fuels
To comply with mandatory sulfur specifications for gasoline and diesel from 2013 to 2016, Saudi Arabia is spending billions of dollars to construct multiple clean-fuel projects.
HP Viewpoint: Refiners have a new learning curve with shale oil
We’ve all heard the news reports: “Shale resource developments have the potential to make the US energy independent for the first time since 1952.” The long-term impact of shale resourc..
HP Brief: Brief
Galveston Bay refineryMarathon Petroleum has closed its transaction with BP to purchase several assets, including the 451,000-bpd refinery located in Texas City, Texas. The refinery will be renamed an..
HP Industry Perspectives: EU leans forward on clean-fuel strategies
In late January 2013, the European Commission (EC) announced ambitious measures to ensure the buildup and standardization of alternative fueling stations across Europe. Much of the earlier EC policy i..
Catalyst news
New step-out catalyst for ULSD and hydrocracker pretreatHaldor Topsøe has announced an improved catalyst preparation technology. In hydrocracking pretreatment and high-pressure ULSD services, the..
Calumet, WBI Energy form venture to build North Dakota diesel refinery
The facility will process 20,000 bpd of Bakken crude oil. Construction could begin this spring, and is expected to take up to 20 months. The plant will be located on a 318-acre site located west of Dickinson in Stark County, North Dakota. It will employ approximately 100 people, according to the companies.
China to raise fuel standards for diesel, gasoline
China's State Council, or cabinet, said Wednesday it would ratchet up national fuel standards to levels similar to those currently found in the US and Europe by the end of 2017. Beijing will also give room to China's refining industry to pass on the cost to consumers, according to the statement.
- 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
