Diesel
EIA hikes 2012 WTI oil price outlook to $100.25/bbl
The US Energy Information Administration (EIA) on Tuesday raised its 2012 oil price forecast by more than $2/bbl to $100.25/bbl, saying it assumes the US economy grows 1.8% this year. In last month's report, the EIA expected 2012 West Texas Intermediate crude to average $98/bbl
HP Construction: Africa
Kenya Petroleum Refineries Ltd. (KPRL) has implemented a new solution from IBM to increase the productivity and efficiency of the company’s oil refinery operations in East Africa. The agreement w..
Haldor Topsøe wins diesel hydrotreater deal for Rosneft refinery in Russia
Haldor Topsøe has won the contract for a diesel hydrotreating unit for the Russian Syzran Refinery owned by Rosneft, the largest Russian oil company. The contract is a continuation of Topsøe’s and Rosneft’s collaboration, the companies said.
Outlook bleak for Europe, US refiners at end of dismal year
A dismal year for the European and US refining market is set to end on a sour note as profit margins are squeezed by high oil prices and lackluster product demand.
HPI Market Data 2012 Executive Summary
THE NEXT STEPThe economic recovery continues for the global hydrocarbon processing industry (HPI). Energy drives economic growth. Unfortunately for developed nations, stronger economic recovery remain..
Flint Hills celebrates 30 years in Corpus Christi
Since 1981, the year that Flint Hills Resources began operating in Corpus Christi, Texas, more than $3.1 billion in projects have been completed.
Lukoil boosts fuel quality with new coker
Russia's second-biggest oil firm, Lukoil, recently installed a coking unit at its Volgograd refinery to increase the quality of its fuels.
Advanced Refining expands Nevada GDiesel plant
Advanced Refining Concepts (ARC) has commenced construction on the third and fourth expansion phases of its Peru Heights GDiesel refinery in Nevada. The expansion, which is expected to be completed in the second quarter of 2012, will double the plant’s capacity to 400,000 gal/day of GDiesel.
Yara opens diesel exhaust fluid terminal in Houston
Fertilizer producer Yara has opened its new diesel exhaust fluid (DEF) storage terminal in Houston with the arrival of its first shipment of Air1 DEF from the company’s plant in Sluskil, Netherlands. At capacity, the fully operational storage facility will hold 1 million gallons of Air1 DEF.
Refining group names Albemarle top biodiesel firm
US-based specialty chemicals producer Albemarle was named biodiesel corporation of the year by the World Refining Association during the Biofuels 2011 annual meeting in Amsterdam. The award, which was presented to representatives from Albemarle's alternative fuel technologies (AFT) division, recognizes industry leaders that have made substantial contributions in the field of renewable fuels.
- 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
