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Industry Metrics

Hydrocarbon Processing Staff: Rhodes, Mike

US margins recorded solid gains as crack spreads for all products increased due to healthy domestic demand.

Business Trends: The state of the global refining sector

Hydrocarbon Processing Staff: Nichols, Lee

Over the past few years, the world has witnessed significant downstream capacity growth in all sectors of the hydrocarbon processing industry (HPI).

Industry Perspectives: Emerging trends in the global refining industry

Hydrocarbon Processing Staff: Nichols, Lee

<i>Hydrocarbon Processing</i>’s Construction Boxscore Database is tracking nearly 700 refining projects around the world.

China invests $9.1 B in Rosneft as Glencore, Qatar cut stakes

MOSCOW/BEIJING (Reuters) — Chinese conglomerate CEFC will buy a 14.16% stake in Russian oil major Rosneft for $9.1 B from a consortium of Glencore and the Qatar Investment Authority, strengthening the energy partnership between Moscow and Beijing.

Oil steady as Irma heads for Florida, Saudi Arabia cuts supply

LONDON (Reuters) — Oil prices steadied on Friday after almost a week of sharp rises as Hurricane Irma, one of the most powerful storms in a century, drove towards Florida after tearing through the Caribbean.

Uber to stop using diesel cars in London by end 2019

LONDON (Reuters) — Uber will cease using diesel cars in London by the end of 2019 and the vast majority of rides will be in electric or hybrid vehicles by then, the taxi app said on Friday.

Kazakhstan may strike separate deal with OPEC on oil output curbs

ASTANA (Reuters) — Kazakhstan is aiming for a standalone deal with leading global oil producers on restraining its crude production due to a need to crank up output at its Kashagan field, a Kazakh official said on Thursday.

EU to reopen biodiesel market to Argentine exporters

BRUSSELS/BUENOS AIRES (Reuters) — Argentina will regain access to the European Union's biodiesel market within three weeks after its successful World Trade Organization challenge to Europe's anti-dumping duties on the fuel.

Croatia could turn its smallest refinery into biomass plant

ZAGREB (Reuters) — Croatia’s loss-making refinery in the central town of Sisak could be turned into logistics center and a facility to refine biomass, consultants Deloitte have proposed.

OPEC Aug crude oil exports fall; Jan–Aug still above yr-ago

SINGAPORE (Reuters) — Crude oil exports by the Organization of the Petroleum Exporting Countries (OPEC) in August were 25.19 MMbpd, their lowest level since April, according to Thomson Reuters Oil Research.