Crude oil
HP News
IChemE awards highest professional honor to Shell The Institution of Chemical Engineers (IChemE) awarded its highest honor to Shell in recognition of the company’s worldwide skills and profession..
Global refining: What is the future?
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..
United Refining, Enbridge strike cost-sharing deal for US crude pipeline
Enbridge and United Refining reached an agreement for the Line 10 pipeline that carries crude from Canada to URC’s Kiantone line in West Seneca, New York, serving its refinery in Warren, Pennsylvania.
Aramco reduces oil differentials for Europe refiners
The reductions by Saudi Aramco reflect the anticipated reopening of the Ras Lanuf and Es Sider terminals in Libya, which could increase that country's crude oil exports by 500,000 bpd. They also reflect the intention for Saudi oil to remain competitive in southern European markets.
Gasoline rises, crude falls as US refiners cut rates
Gasoline headed for the biggest one-day gain since June, widening the profit refineries make from processing a barrel of crude into the fuel. Plants cut their operating rate by the most since June.
Examining the ecological and profitable uses of refinery residues
With prices pressured and stricter environmental legislation being implemented, refineries are being increasingly forced to look at new ways of processing heavy residues.
Innovative modeling of heavy crudes provides competitive advantages
The increase in heavy crude production, together with the diversity of heavy crude characteristics and sources, leads to technical challenges in accurately predicting production and refining process performance.
Case history: Modernization of Russia’s refining industry—Part 2
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..
HP News
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 ..
HP Industry Metrics: HP Metrics
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,..
- CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China 8/22
- bp's Whiting refinery (U.S.) continues to flare days after severe thunderstorm 8/22
- Bachmann introduces latest version M-Target for Simulink 8/22
- U.S. to rule on biofuel waivers, but big oil refiners may need to wait 8/22
- Chinese independent refiner Hongrun buys Canadian, Brazilian crude 8/22
- Ukrainian attack suspends Russian oil flows to Hungary, Slovakia 8/22
