Gasoline
HP Construction: Middle East
Qatargas has signed an engineering, procurement and construction (EPC) contract with Samsung Engineering Ltd. for a diesel hydrotreater (DHT) unit that will treat 54,000 bpsd of diesel, from high-sulf..
HP Construction: Asia Pacific
Total is consolidating its positions in petrochemicals in Asia with a new expansion and upgrading project for the Daesan complex in South Korea, which the group owns with Samsung as part of the Samsun..
HP Innovations: HPInnovations
IVD vacuum vessel aids in corrosion prevention   Fig. 1. The IVD vacuum vessel   applies aluminum coatings for   corrosion protection.  Thermal processing systems manufac..
US sees lower 2011 oil use, becomes net exporter
US oil demand in all of 2011 dropped 1.8%, or by 345,000 bpd, from 2010 to a two-year low of 18.835 million bpd, government data released Wednesday show. US oil output climbed 7.4% to 5.877 million bpd, the highest level since 1999.
Obama defends energy policy, blames Middle East turmoil for rising US gasoline
President Barack Obama defended his energy policy from Republican attacks that he has not done enough to counter the recent run-up in gasoline prices. Obama said that more drilling will not bring down the price at the pump. In fact, the US is producing more oil than at any time in the last eight years, he said.
API says more US oil needed to cut gasoline costs
John Felmy, chief economist with the American Petroleum Institute (API) trade group, says the US must develop more of its own oil and natural gas and allow additional oil imports from Canada. "By far, the single biggest factor in today’s higher gasoline prices is the rising cost of crude oil," Felmy said.
US January petroleum demand falls from 2011 on lower heating oil use - API
Total petroleum deliveries (a measure of demand) fell 5.7% this January compared with January 2011 to just over 18 million bpd, according to monthly data from the American Petroleum Institute (API). The slide in heating fuel demand reflects January’s relatively warm temperatures, the group said.
Husky building new hydrotreater at Ohio refinery
Husky Energy has begun construction on a new 20,000 bpd kerosene hydrotreater at its refinery in Lima, Ohio. The hydrotreater should help the company increase jet fuel production. The refinery has a capacity of 155,000 bpd, making it the 48th-largest in the US.
EIA raises most US price forecasts for crude, petroleum products
The US government on Tuesday raised its predicted prices for most crude oil and petroleum products in the latest edition of its monthly energy forecast. With crude prices serving as the fuel feedstock for petroleum products, forecasts for gasoline and diesel were also up as well.
HP Construction: North America
Sundrop Fuels, Inc., plans to construct and operate its first production facility on about 1,200 acres of land that it has purchased near Alexandria, Louisiana. The inaugural plant will use sustainabl..
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