No singular event has had as significant an impact on the quality of refinery feedstocks as the shale revolution. Not only are shale crudes, such as Eagle Ford and Bakken, generally lighter than other..
Nuclear magnetic resonance (NMR) and near infrared (NIR) process analyzers are highly effective in quantifying physical properties in hydrocarbons, especially where the feedstock, intermediate and final product streams are all interlinked.
“Don’t panic” is probably the best advice for the downstream industry regarding oil prices. The upstream fully recognizes the present and short-term conditions for its business.
What is the oil price outlook for the next 12 months? As of early January, the price of Brent has effectively halved compared to the 2014 summer peak, similar to the price collapse of 2008. However, u..
Qatar Petroleum and Shell cancel $6.5-B petrochemical project in Qatar Royal Dutch Shell and Qatar Petroleum (QP) have canceled the $6.5-B Al-Karaana petrochemical project in Qatar, which will signifi..
Mid-January saw the continued decline of monthly average Brent crude oil prices, which fell $17/bbl from November to a monthly average of $62/bbl. The continual price decrease reflects US tight oil pr..
This shift to lighter feeds for the SC will reduce the future availability of other petrochemical feedstocks—in particular, propylene.
Recent declines in oil pricing and the associated volatility in future pricing has created a difficult forecasting environment. Other factors are causing deviations, especially with regard to the resp..
The project included installing two hydrodesulfurization (HDS) units for the cracked naphtha produced by two catalytic cracking units, a coker naphtha hydrotreating (HDT) unit, and a catalytic reforming unit.
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..