Refining
HP Impact: Global slowdown in annual CO2 emissions
Research published by the Emissions Database for Global Atmospheric Research (EDGAR) indicates that global carbon dioxide (CO2) emissions increased by only 1.1% in 2012, yielding a slowdown in annual ..
HP Forecast: HPI Market Data 2014 Executive Summary
This summary provides a "sneak peek" at Hydrocarbon Processing's HPI Market Data 2014. This comprehensive report investigates present and projected future trends in refining, natural gas and petrochemical industries. Topics include spending forecasts and construction projects derived from HP's Construction Boxscore database; global and regional changes in energy production and use; and developments in oil and natural gas processing. HPI Market Data 2014 also covers trends in economics, plant safety and the environment. This annual report is the hydrocarbon processing industry's premier source of market information for professionals working in the downstream.
HP Innovations
Software combines crude management with designInvensys released its integrated Spiral CrudeSuite crude oil knowledge-management software (Fig. 1) with its SimSci PRO/II design and ROMeo optimization s..
BASF begins commercial bio-butanediol production
BASF has produced its first commercial volumes of 1,4-butanediol (BDO) from renewable raw material, and is offering this product to customers for testing and commercial use, company officials announced this week. The fermentation process uses dextrose as a renewable feedstock.
Petrofac, Daelim to help expand key Oman refinery
The refinery was originally constructed and commissioned in 2006 and ORPIC is now investing in improvements at the site to enhance the current production capacity. When work from Petrofac and Daelim is complete, it is anticipated that the revamped facility will boost current output by over 70%.
API economist touts low US energy costs, calls for reduced regulations
API chief economist John Felmy told reporters during a Friday press conference that while US energy costs are down, more can be done from the nation, policy-wise, to help its domestic consumers.
Petrofac picks CB&I to build oil storage tanks for grassroots Saudi refinery
The project scope for the $70 million contract includes the engineering, procurement and construction of crude oil storage tanks at a grassroots refinery being constructed in Saudi Arabia.
Neste Oil reports LPG leak at Porvoo refinery
A general alarm was issued covering the refinery site and surrounding area in Tolkkinen and people were instructed to stay inside. The leak proved to be minor and the instruction calling for people to stay inside was rescinded at around 4 p.m. local time for all areas other than the immediate vicinity.
Rosneft to sell $6 billion of refined products to BP
The Russian producer said it would ship up to 3.2 metric tons of fuel oil to BP Singapore between November 2013 and December 2014. Rosneft will also sell up to 1.44 million tons of diesel to BP.
NGL growth takes toll on global refining sector
The growth in NGL plant output means end-use consumption depends less on receiving supply from refinery operations. It could also further limit demand for OPEC crude oil.
- India's Reliance gets one-month US concession to buy Rosneft oil 12/24
- SOCAR signs deal to buy Gama Enerji gas plant in Turkey for $225 MM 12/24
- Japan's Eneos leads bids for Chevron’s Singapore oil refinery stake 12/24
- Larsen & Toubro awarded EPCC contract for BPCL's polyethylene plant 12/24
- Maire's Nextchem to acquire technology licensor and engineering company Ballestra 12/24
- bp agrees to sell a 65% shareholding in Castrol to Stonepeak at an enterprise value of $10 billion 12/24
