Crude oil
HP Industry Perspectives: Tale of two continents
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..
HP News
API releases three new standards to improve refinery safetyThe American Petroleum Institute (API) issued three new first-edition standards to enhance refinery safety and inspection programs:RP 583, Co..
HP Industry Metrics
Global energy markets are reaching a new equilibrium, according to Wood Mackenzie analysts. As demand shifts to the East, it will expand to extraordinary proportions. However, the world finds itself i..
What is the ‘refinery of the future’?
For years, technology experts and engineers have discussed the elements and operations that will define the refinery of the future. The refining industry has made great progress from the early days. H..
US sees monthly increase in production, demand for refined products
“Last month saw a continuation of recent trends, with strong demand and even stronger production resulting in falling import levels,” said API chief economist John Felmy.
API launches new campaign for next generation oil and gas workforce
Recent reports show that job growth in oil & gas has been 40-times higher than the US economy as a whole, and near 1.3 million additional jobs could be available by 2030.
Phillips 66 buys Beaumont crude, product terminal
The Beaumont terminal is strategically located on the US Gulf Coast. It provides deep-water access with major crude oil and refined product pipelines serving 3.6 million bpd of refining capacity.
Study: GHG from US-refined crude oils unchanged by Canadian oil sands
The rise in Canadian oil sands imports was offset by declines in imports of other heavier sources of supply that have a GHG intensity within the same range as oil sands, the study says.
Automate furnace controls to improve safety and energy efficiency
Furnace firing is the biggest single operating expense in any refinery. Consider a medium-size refinery (250,000 bpd) that consumes 2,000 MMBtu/h. At a cost of $5/MMBtu, that’s $87.6 MM/yr being ..
Russian straight-run fuel oil supply collapse complicates Gulf Coast feedstock choices
In the next couple of years, collapsing Russian supply of straight-run fuel oil (SRFO) will undermine foreign supply of feedstock to the US Gulf Coast.
- Hydrocarbon Processing launches AI platform to accelerate decisions in the downstream sector 7/7
- Digital Feature: The critical interdependency of relief valve analysis and flare system considerations during HAZOP 7/7
- Trafigura to use Babcock's ammonia fuel supply system onboard gas carriers 7/7
- Lotte Chemical Titan secures $3-B ethylene supply deal in Indonesia 7/7
- Diesel East-West price spread nears 1.5-yr high amid supply concerns West, stable East 7/7
- U.S. Gulf Coast fuel oil imports at record low as refiners opt for heavier crude 7/7
