Gasoline
API: New EIA report shows US crude oil exports could lower fuel costs
“The EIA report provides a final, non-partisan confirmation that ‘70s-era trade restrictions on US oil are bad for American consumers,” said Kyle Isakower, the API's vice president of regulatory and economic policy.
Central America: A downstream outlook to 2020
Due to the growth in the region’s middle class, Latin America has seen tremendous petroleum products demand growth over the past decade.
HP Industry Metrics
The US product market continued to reflect a surge in domestic gasoline demand, allowing gasoline cracking spreads to hit levels not seen in more than two years.
Seasonal demand, output of US refined products hits eight-year high: API
“Demand for and production of oil and refined products grew across the board over the last year,” said API chief economist John Felmy. “In fact, demand for and production of oil and refined products were the highest July in eight years, since 2007.”
UOP technology drives China’s first dual plants for propylene, isobutylene
The new unit, which is the first of three in China, uses Honeywell UOP’s C3/C4 Oleflex process technology to produce propylene, a building block for making plastics, packaging and synthetic fiber, and isobutylene, a component used for high-octane gasoline and synthetic rubber.
HP Refining: Peru: Modernization of the Talara refinery
The mega-project expansion at the Talara refinery is the foundation of Petroperu’s new strategic plan to increase refining capacity and reduce the sulfur content in refined products.
HP News
Russian blending facility utilizes advanced control technologyLUKOIL’s Nizhegorodnefteorgsintez gasoline blending facility in Kstovo, Russia, will integrate Honeywell software, which is designed ..
HP Industry Metrics
Refinery utilization rates in the US, encouraged by the high driving season demand, continued to rise following the end of the heavy maintenance season. Regional demand in Asia continued lending suppo..
US gasoline demand rises to post-2007 high: API
Gasoline demand rose last month by 3.5% from June 2014 to average over 9.3 million bpd. These deliveries were the highest for any month since August 2007.
Turning a Tier 3 profit
The continued reduction in refined product sulfur specifications has revolutionized the industry’s landscape over the last decade, increasing the importance of hydrotreating solutions.
- YPF, Eni and XRG sign joint development agreement advancing 12-MMtpy Argentina LNG project 2/12
- Maire launches new technology to produce PTMEG, the key polymer composing the spandex fiber. 2/12
- Verde Clean Fuels announces suspension of development of Permian Basin gas-to-gasoline project 2/12
- Nigeria's Dangote refinery says crude unit and petrol block running at capacity in tests 2/12
- Russia to send crude oil and fuel to Cuba soon, Izvestia reports 2/12
- Vietnam's largest refinery to operate at 120%–125% of designed capacity in Q1 2/12
