Gasoline
Industry Metrics
The US gasoline market received a boost from a gasoline supply outage on the East Coast, despite overall supply-side pressure resulting from higher regional refinery intakes.
Construction
Anadarko Petroleum Corp. has reached a full agreement with CCS JV, a JV between Chiyoda, McDermott and Saipem, for the development of its Mozambique Area 1 LNG terminal.
Petrochemicals: DME market outlook impacted by clean fuels demand, diesel emissions
As environmental concerns emerging from the incessant consumption of fuels have gripped the attention of global leaders, energy producers have been developing cleaner fuel alternatives for use in domestic and commercial settings.
Construction
Sinochem Hongrun Petrochemical Co. Ltd. will use Honeywell UOP’s ionic liquids alkylation technology to produce high-octane, cleaner-burning transportation fuels.
Industry Metrics
In the US, continued gasoline–related tightening exerted upside pressure on prices, despite improvement in refinery throughputs as refineries returned online.
Business Trends: Sustainability: Clean fuels—The advancement to zero sulfur
In April, Hydrocarbon Processing launched the first iteration of its HP Sustainability webcast series.
Industry Metrics
A combination of planned and unplanned refinery outages affected US gasoline production, resulting in considerable declines in inventory levels.
Asia: Japanese refining moves towards consolidation and increased efficiency
According to recent statements of leading Japanese analysts in the field of refining and the country’s largest producers, the Japanese refining industry is moving towards consolidation and an increase in efficiency.
Business Trends: How plastics waste recycling could transform the chemical industry
If plastics demand follows its current trajectory, global plastics-waste volumes would grow from 260 MMtpy in 2016 to 460 MMtpy by 2030, taking what is already a serious environmental problem to a new level.
Industry Metrics
All main US products performed positively as refinery product outputs declined considerably and led to a fall in inventory levels, fueling bullish sentiment.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
