Crude oil
Equipment reliability: Critical to protecting margins in a volatile environment
For any hydrocarbon processor, margin is king.
Industry Metrics
A combination of planned and unplanned refinery outages affected US gasoline production, resulting in considerable declines in inventory levels.
Executive Viewpoint: A vision for the refinery of 2030
The refining business needs to change dramatically over the next decade.
Asia: Japanese refining moves towards consolidation and increased efficiency
According to recent statements of leading Japanese analysts in the field of refining and the country’s largest producers, the Japanese refining industry is moving towards consolidation and an increase in efficiency.
Business Trends: How plastics waste recycling could transform the chemical industry
If plastics demand follows its current trajectory, global plastics-waste volumes would grow from 260 MMtpy in 2016 to 460 MMtpy by 2030, taking what is already a serious environmental problem to a new level.
Industry Metrics
In the US, soaring gasoline stocks and poor fuel oil performance were offset by strong heating oil demand and higher product prices caused by weather-related refinery outages.
Europe: Russian petrochemicals industry on the verge of large-scale growth
The Russian government has announced its plan to increase the volume of support for its domestic petrochemicals industry over the next several years, with the aim of doubling its production and boosting exports, according to Russian Minister of Energy Alexander Novak and the press service of the Russian Presidential Administration.
Industry Metrics
US refinery margins saw losses as product stocks rose, pressured by seasonally lower gasoline demand and subdued heating oil requirements.
Business Trends: The state of process safety and operational risk management—Feeling the squeeze
The 2018 edition of Petrotechnics’ process safety management (PSM) and operational risk management report builds on insights gained from the 2017 survey.
Refining: Extend the life of storage tanks with a novel single-coat epoxy coating
In the oil and gas industry, time is money.
- thyssenkrupp Uhde completes pre-FEED for HAMR Energy’s renewable fuels project in Australia 8/21
- Europe distillates-diesel profit margins firm 8/21
- U.S.: Indiana's bp refinery restarts after severe flooding 8/21
- Berlin weighs trusteeship extension for Rosneft's German assets 8/21
- Trump administration to rule on biofuel exemption requests, delay reallocation decision 8/21
- TotalEnergies' Donges refinery fire extinguished 8/21
