Demand for transportation fuels will continue to increase over the next 15 to 25 years. These fuels will still be primarily based on crude oil. Developing nations are driving growing demand for energy..
With prices pressured and stricter environmental legislation being implemented, refineries are being increasingly forced to look at new ways of processing heavy residues.
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..
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 ..
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,..
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..
Dean, C., High Olefins FCC Technology Services, LLC;
Letzsch, W. S., Technip Stone & Webster Process Technology
Various refined products can be produced via an FCCU only with changes in operating condition, different feedstocks and advanced/specialty catalyst choices.
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..
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 ..
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..