Naphtha
HP Industry Metrics
Oil prices continued their downward plunge throughout October and into early November. The decline is due to bearish market fundamentals accompanied by a strong US dollar. Saudi Arabia is not expected..
HP Industry Perspectives: Oil price—How low can it go?
Oil price volatility returned with a vengeance in October amid worries of slower economic growth, weakening oil demand, an unexpected increase in Libya’s output, and an indication by Saudi Arabia..
Optimize olefins and aromatics production
Petrochemical yields from the FCCU is an area of increasing interest as more companies try to integrate refining and petrochemical operations.
HP Global: European refining—Cornered, with no way out?
2013 was a dismal year for European refining in terms of record low crude runs, which reflect weaked demand outlook and increasing competition from other regions. Out to 2020, we envisage European ref..
HP News
EPA: GHG emissions from refineries increase 1.6% in 2013The US Environmental Protection Agency (EPA) has released its fourth year of GHG data, with over 8,000 large facilities reporting 2013 emissions..
HP Industry Metrics
Mid–October crude oil prices slumped as the International Energy Agency (IEA) announced a slight increase in global oil demand by 700 Mbpd. In contrast, oil production is forecast to increase by ..
HP Global: Asia-Pacific’s refining industry entering a low-margin cycle
The global refining industry is struggling with overcapacity even after the closure of 3.5 MMbpd of capacity since 2011. Accordingly, global refining margins are expected to weaken in the coming years..
HP Industry Metrics: Industry Metrics
According to the International Energy Agency’s August Oil Market Report, 2014 global oil demand has stalled. The International Monetary Fund (IMF) revised down its forecast for global economic gr..
What is the impact of US shale oil on global markets and refinery configurations?
One of the most important factors in determining a refinery’s profitability is its ability to access low-cost feedstocks. This is not to be confused with survivability. Some uneconomic refineries..
Overcome the imbalance between diesel and gasoline production
A number of strategies can be applied to increase the overall product selectivity to middle distillates.
- Russia's Ryazan oil refinery restores crude processing to 60% of pre-attack level 3/28
- Global refinery capacity totaling 3.6 MM bpd at high-risk of closure 3/28
- More than 20% of global oil refining capacity at risk, analysis finds 3/28
- SABIC Fujian Petrochemicals advances major ethylene project with Lummus technologies and services 3/28
- Singapore fuel oil stockpiles slip to two-week low 3/28
- Sri Lanka minister says Sinopec to start work on refinery by June 3/28