With the introduction of Super E10 (10% ethanol blended gasoline), nearly 70% of German drivers avoid filling up with the higher bioethanol fuel blend.
CHS Inc., an energy, grains and foods company, announced today it is investing $26 million in enhancements to strengthen its refined fuels supply infrastructure in the northern plains region of the US.
Like for the local couple that went long-distance ice skating here on the Swedish west coast recently, there are disconcerting rumblings of change underfoot in the European refining industry. This cou..
Sunoco, Inc. announced it has completed the previously announced sale of its refinery in Toledo, Ohio ,to Toledo Refining Company LLC, a wholly owned subsidiary of PBF Holding Company LLC.
Holly Corp. and Frontier Oil Corp. have merged. Factoring in various variables, it can be safely interpreted that the new company has an enterprise value of $7 billion.
During the fourth quarter of 2010, US refining industry performance improved relative to the prior quarter. While the US Gulf Coast crack spreads were somewhat lower in the fourth quarter, the light-heavy crude oil price differential (LLS-Maya) continued to favor refineries with heavier crude slates.
What will this mean for IOCs doing business in the region?
Opportunity crudes require more hydrogen addition to upgrade orphan product streams into higher-value ‘clean’ products
Integrating residue hydrocracking operations with advanced fluid catalytic cracking optimizes upgrading of heavy crude oils
Alternatives hold promises to decrease dependence on crude oil, but they also uncover other challenges in distribution and engine use