Gasoline
EIA projects rising US domestic oil production
Projected crude production is expected to average 7.3 million bpd in 2013 and 7.9 million bpd in 2014. EIA expects total consumption to rise slightly over the next two years to an average of 18.7 million bpd.
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.
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..
US demand for oil, products drops to historic lows
Demand for all major petroleum products was lower in 2012, led by a near 400,000-bpd decline in gasoline demand. Gasoline use fell 0.6% to an average of 8.703 million bpd, the weakest level in 11 years. Gasoline is the most widely used petroleum product in the world's biggest oil consumer.
API appeals E15 gasoline rule to US Supreme Court
The group alleges that had EPA stayed within its statutory authority and followed proper procedures, it would have waited until ongoing E15 testing on engines and fuel systems was completed before allowing the use of E15. Then it would have found that E15 is not safe for numerous vehicles.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announces $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
