Octane
Case history: Modernization of Russia’s refining industry—Part 2
Russia’s refining industry is set to make major changes to improve profitability and produce cleaner transportation fuels. Such changes will enable the refining industry to export cleaner fuels t..
HP News
Refining capacity in the US increases slightly At the beginning of 2014 in the US, there were 139 operating refineries and three idle refineries with total atmospheric crude oil distillation capacity ..
HP Industry Metrics: HP Metrics
At mid-year, the global demand for oil remains steady, and growth is forecast to average about 1.13 million bpd (MMbpd). Analysts are more optimistic for greater demand increases in 2015 at 1.21MMbpd,..
EU refining industry struggles to remain competitive in 2014
For European refiners, the economic situation remains clouded. The 2008 global recession sent this region into a financial downward spiral. Conditions are improving, but they still lag behind other de..
How to make anything with a catalytic cracker
Various refined products can be produced via an FCCU only with changes in operating condition, different feedstocks and advanced/specialty catalyst choices.
Case history: Modernization of Russia’s refining industry—Part 1
Russian laws governing transportation fuels and crude oil have undergone many changes. These regulatory changes will involve the revamping of Russia’s refining industry. At present, this nation h..
Which margin levers impact Group I and Group II base stock competitiveness?—Part 2
This is the second in a two-part series assessing the struggle taking place between Group I and Group II/III for market control and price formation in the global base stocks industry. Part I provided ..
HP Industry Perspectives: Tale of two continents
Growing supplies by non-OPEC countries has introduced some calm for crude oil prices. However, other factors are influencing profitability and margins. In the US, the abundance of shale oil and the 40..
HP News
API releases three new standards to improve refinery safetyThe American Petroleum Institute (API) issued three new first-edition standards to enhance refinery safety and inspection programs:RP 583, Co..
HP Industry Metrics
Global energy markets are reaching a new equilibrium, according to Wood Mackenzie analysts. As demand shifts to the East, it will expand to extraordinary proportions. However, the world finds itself i..
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