Refining
India cuts fuel tax, refinery prices to ease pain of rising crude
India is cutting prices of petrol and diesel by 2.50 rupees ($0.03) a liter, Finance Minister Arun Jaitley said on Thursday, the government’s latest step to tackle the impact of a sharp rise in crude oil prices and a weak local currency.
Global Project Data
According to <i>Hydrocarbon Processing</i>’s Construction Boxscore Database, more than 320 new projects have been announced in the downstream processing industry over the past year.
Onsite
Jenny Hebert and George Yaluris of Albemarle accept the <i>HP</i> Award for Best Catalyst Technology.
Business Trends
Across the hydrocarbon processing industry (HPI), executives are buzzing about operational excellence.
Viewpoint: Reducing the sulfur shadow— Who pays the price?
The International Maritime Organization’s (IMO’s) 2020 regulation has been described as the most disruptive change to impact the oil industry in the past 30 yr.
Risk: Measuring margins—Avoiding complacency when the market is stable
When top oil marketer Geneva Energy Markets LLC liquidated its trading book holding<sup>1</sup> “millions of barrels of open interest across crude oil, refined products and natural gas,” managing partner Mark Vonderheide emphasized the pressures and potential damage of new market regulations.
Africa: New maritime emissions rules to impact Africa’s downstream sector
As the 2020 deadline set by the International Maritime Organization (IMO) for the implementation of low-carbon shipping regulations inches closer, African refineries are still grappling with the question of how to finance the upgrading of oil processing plants to enable them to produce the required low-sulfur marine fuels and reduce reliance on noncompliant import fuels for powering the region’s shipping industry.
Engineering Case Histories: Case 103—Addressing heat exchanger tube leaks
Heat exchangers have multiple tubes with fluid passing through and over them that either heats or cools another fluid.
Editorial Comment: HP Top Projects awards are back!
It’s that time again! <i>Hydrocarbon Processing</i> has announced the nominees for its annual Top Project awards.
More residue processing in FCCUs
Resid units have more than 2 wt% Conradson carbon residue (Concarbon) in feed and more than 5,000 parts per million (ppm) of nickel (Ni) and vanadium (V) on equilibrium catalysts (Ecat).
- KBR to provide technology for mega-scale ammonia plant in Angola 11/25
- Indian refiners' October crude processing up over 3% y/y 11/25
- Air Liquide strengthens partnership with TotalEnergies through renewable H2 project in France 11/25
- Hexagon collaborates with Microsoft to enhance industrial operations 11/25
- China issues extra crude oil import quota to teapot refineries 11/25
- McDermott achieves ISO 50001 Certification for energy management at four fabrication yards 11/25
