Crude oil
The psychology of energy pricing: A look at market behavior during oil shocks
A review of the energy price shocks of the 1970s and 2000s shows the range and extent to which fundamental and technical factors may influence oil market sentiment.
The military and the hydrocarbon: A love affair of over 100 years
The relationship between the military and the petroleum industry dates back to the years before World War I (WWI), when the US and British navies started to switch from coal to oil as a fuel source. M..
Largest hydrocracker in China
Refiners are leveraging hydrocracking to respond to momentum in global dieselization, with crude prices forcing refiners to process distressed crudes and difficult feedstock.
HP Brief
Air Liquide starts up SMR in La Porte, TexasAir Liquide recently celebrated the formal startup of a new steam methane reformer (SMR) in La Porte, Texas. The 120 million scfd of gaseous hydrogen (H2) p..
HP Impact: E15 ethanol fuel can damage auto engines
Auto repair costs for consumers could rise due to adverse effects of fuel containing 15% ethanol blends (E15), according to new results from a two-year study on engine durability.The study was conduct..
HP Associations: HPI mulls technical innovations at IRPC in Milan, Italy
The third annual International Refining and Petrochemical Conference (IRPC) opened its doors in mid-June, bringing record crowds to Milan, Italy, as leading downstream players shared and debated new h..
HPI major events and trends, 1920s to present
1920s: THE FORMATION OF THE MODERN HPIDuring this period, a new industry was evolving focused on the refining of crude oil into fuels and other products. New demand for crude oil-based products, such ..
US imports of Saudi crude highest since July 2008
US imports of crude oil from Saudi Arabia climbed 45.7% from a year earlier in April to the highest level since July 2008, according to US government data. The rise in US imports from Saudi Arabia came as total crude oil imports from all sources declined in the month amid higher domestic production.
US oil, gas producers redeploy Gulf of Mexico staff as Debby weakens
Oil and gas producers in the US Gulf of Mexico moved to restaff their offshore operations and restart disrupted output Monday, as a weakening Tropical Storm Debby turned toward the western Florida coast. The National Hurricane Center said the storm had maximum sustained winds of 45 miles an hour.
Gazprom makes bid for BP stake in Russia TNK-BP
An arm of Russian state-controlled Gazprom has lodged a bid for BP's $25 billion stake in its venture in the country, The Sunday Times reports. The move will increase pressure on AAR, the group controlled by BP's Russian billionaire partners that owns the other half of TNK-BP, said the newspaper.
- Indonesia allocates 15.65 MM kiloliters of biodiesel for 2026 12/23
- Egypt, Qatar's Al Mana Holding sign $200-MM SAF deal 12/23
- China's teapots boost Russian ESPO buying amid record discounts 12/23
- Bahrain's BAPCO sends first diesel cargo to Australia in 2.5 yrs 12/23
- Asia oil floating storage seen declining on lower exports, China buying 12/23
- Gazprom in talks with Hungary's MOL over NIS stake sale 12/23
