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Gasoline

HP In Brief: HPIn Brief

Hydrocarbon Processing Staff: Thinnes, Billy

Cobalt Technologies has an agreement with the US Navy to develop technology for the conversion of biobutanol into full performance jet and diesel fuels. Under the agreement, n-biobutanol produced by C..

HP Impact: Ethanol to hit refining profitability

Hydrocarbon Processing Staff: Thinnes, Billy

Surging ethanol blending will undermine wholesale gasoline prices in the Atlantic Basin, starting in 2012, according to ESAI’s newly updated two-year outlook. The outlook says that ethanol will a..

HP Associations: Growing the fuel pool

Hydrocarbon Processing Staff: Thinnes, Billy

Whether refiners like it or not, the drumbeat for renewable fuels grows daily. The building momentum for such fuels is boosted by government mandates and regulations. Unfortunately, the tidal wave for..

Eni starts major heavy oil project in Venezuela

Eni and PDVSA are working on two projects: PetroJunín, dedicated to the development of the Junín 5 Block, located in the Orinoco Oil Belt some 550 kilometers south east of Caracas, and PetroBicentenario, dedicated to the construction and operation of a refinery in the area of the existing industrial coastal complex of Jose.

Chevron to sell fuels marketing and aviation businesses in parts of the Caribbean and Central America

Chevron has agreed to sell its fuels marketing and aviation businesses in Antigua, Barbados, Grenada, Dominica, St. Lucia, St Vincent, Guyana, St. Kitts, French Guiana, Martinique, Guadeloupe, Trinidad, Nicaragua, Costa Rica and Belize to Vitogaz, SA, a wholly-owned subsidiary of RUBIS, an international downstream petroleum company based in France.

Puma Energy buys BP’s Southern African fuel marketing businesses

Puma Energy has signed a deal to acquire BP’s fuel marketing businesses in Botswana, Namibia and Zambia. Puma Energy has also agreed to buy BP’s 50% interest in each of BP Malawi and BP Tanzania, subject to the pre-emption rights of BP’s co-shareholders (Press Corp. Ltd. in Malawi and the Government of Tanzania in Tanzania).

CB&I has storage tank contract in Abu Dhabi

CB&I has been awarded a contract, valued in excess of $40 million, by Daewoo Engineering and Construction Co. Ltd. for a storage tank project in Abu Dhabi, UAE.

Cobalt Technologies and US Navy to develop military jet fuel

Cobalt Technologies has an agreement with the US Navy to develop technology for the conversion of biobutanol into full performance jet and diesel fuels.

Statoil exercises one year option with Aker Solutions at Mongstad refinery

Statoil has exercised a one year option to extend its contract with Aker Solutions at the Mongstad refinery in Norway.

Shell to sell downstream businesses in Finland and Sweden

Shell has agreed to sell the majority of its refining and marketing businesses in Finland and Sweden to Keele Oy. Keele Oy is the major shareholder of St1 Holding Oy, whose businesses include fuel retail networks in Finland, Sweden, Norway and Poland.