Diesel
Total sells stake in Spanish company to Abu Dhabi entity
Total and IPIC have signed an agreement whereby Total will sell its 48.83% share in the capital of CEPSA. IPIC, a wholly owned entity of the Abu Dhabi government, is currently a shareholder of CEPSA with a stake of 47.06%.
US refining margins improve, but some refineries remain at risk
During the fourth quarter of 2010, US refining industry performance improved relative to the prior quarter. While the US Gulf Coast crack spreads were somewhat lower in the fourth quarter, the light-heavy crude oil price differential (LLS-Maya) continued to favor refineries with heavier crude slates.
Mubarak exits stage right
What will this mean for IOCs doing business in the region?
Slurry-phase hydrocracking—possible solution to refining margins
Opportunity crudes require more hydrogen addition to upgrade orphan product streams into higher-value ‘clean’ products
Convert bottom-of-the-barrel into diesel and light olefins
Integrating residue hydrocracking operations with advanced fluid catalytic cracking optimizes upgrading of heavy crude oils
What are the future fungible transportation fuels?
Alternatives hold promises to decrease dependence on crude oil, but they also uncover other challenges in distribution and engine use
Minimize carbon footprint from Claus tail-gas units
Reevaluate emissions efficiencies on sulfur-removal operations
HP Impact: Team overcomes obstacles to cellulosic biofuel production
A newly engineered yeast strain can simultaneously consume two types of sugar from plants to produce ethanol, researchers report. The sugars are glucose, a six-carbon sugar that is relatively easy to ..
Designing atmospheric crude distillation for bitumen service
Oil sands add complexity to separation units and require a new approach
BP wants to sell two US refineries
BP announced today that it is looking to sell two of its US refineries. The company has officially put a “for sale” sign in front of its refineries in Texas City, Texas, and Carson, California.
- 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
