Gasoline
HP Industry Perspectives: Oil price—How low can it go?
Oil price volatility returned with a vengeance in October amid worries of slower economic growth, weakening oil demand, an unexpected increase in Libya’s output, and an indication by Saudi Arabia..
Manage hydrogen sulfide hazards with chemical scavengers
Hydrogen sulfide (H2S) and its associated hazards are well known in the oil and gas production and refining industries. Legislation has been in place for years, imposing strict regulations on H2S leve..
Optimize olefins and aromatics production
Petrochemical yields from the FCCU is an area of increasing interest as more companies try to integrate refining and petrochemical operations.
Manage the impacts of high-solids crude oil more effectively
Solids in crude oils present refiners with many challenges. Processing higher-solids-content crude oils increases the need for the management of such solids even more. The Canadian Association of Petr..
HP Global: European refining—Cornered, with no way out?
2013 was a dismal year for European refining in terms of record low crude runs, which reflect weaked demand outlook and increasing competition from other regions. Out to 2020, we envisage European ref..
HP Industry Metrics
Mid–October crude oil prices slumped as the International Energy Agency (IEA) announced a slight increase in global oil demand by 700 Mbpd. In contrast, oil production is forecast to increase by ..
HP Global: Asia-Pacific’s refining industry entering a low-margin cycle
The global refining industry is struggling with overcapacity even after the closure of 3.5 MMbpd of capacity since 2011. Accordingly, global refining margins are expected to weaken in the coming years..
HP Industry Metrics: Industry Metrics
According to the International Energy Agency’s August Oil Market Report, 2014 global oil demand has stalled. The International Monetary Fund (IMF) revised down its forecast for global economic gr..
HP People
IHS has named two industry veterans to join its chemicals leadership team. Stein Raae, an international business executive and advisor with more than 30 years of experience at ExxonMobil, Statoil and ..
Wyoming Refining licenses Technip, ExxonMobil technology on new unit
The unit converts benzene contained in the gasoline pool into high-octane blendstock by reacting the benzene with propylene. The award includes technology license, process design, and start-up services.
- 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
