Octane
Which margin levers impact Group I and Group II base stock competitiveness?—Part 2
This is the second in a two-part series assessing the struggle taking place between Group I and Group II/III for market control and price formation in the global base stocks industry. Part I provided ..
HP Industry Perspectives: Tale of two continents
Growing supplies by non-OPEC countries has introduced some calm for crude oil prices. However, other factors are influencing profitability and margins. In the US, the abundance of shale oil and the 40..
HP News
API releases three new standards to improve refinery safetyThe American Petroleum Institute (API) issued three new first-edition standards to enhance refinery safety and inspection programs:RP 583, Co..
HP Industry Metrics
Global energy markets are reaching a new equilibrium, according to Wood Mackenzie analysts. As demand shifts to the East, it will expand to extraordinary proportions. However, the world finds itself i..
Russian straight-run fuel oil supply collapse complicates Gulf Coast feedstock choices
In the next couple of years, collapsing Russian supply of straight-run fuel oil (SRFO) will undermine foreign supply of feedstock to the US Gulf Coast.
Which margin levers impact Group I and Group II base stock competitiveness? Part 1
As much as the lubricants industry might wish it otherwise, base stocks production is becoming more commoditized, and it is intertwined inextricably with mainstream refining operations. The vast major..
HP Industry Metrics
The total liquid supply growth by non-OPEC countries continues to rise and is estimated to reach 54 million bpd (MMbpd) in 2014. Increasing crude oil supplies from North America are contributing to sh..
IRPC 2014: Defining the course of the global HPI
Leading hydrocarbon processing industry (HPI) executives and technical experts will come together June 24–26 in Verona, Italy, to share ideas, innovation and vision for the global downstream indu..
Innovative catalyst solution mitigates FCC operational issue
Marathon Petroleum Co.’s (MPC’s) Catlettsburg fluid catalytic cracking unit (FCCU) experienced a catalyst circulation constraint due to partial blockage of an intra-regenerator standpipe. Th..
HP News
EU-US Energy Council discusses European energy security The EU-US Energy Council met recently in Brussels, Belgium. Following the gathering, the council issued a statement indicating that developments..
- Fire at Russian petrochemicals plant kills at least three 4/2
- NH3 Clean Energy selects Linde to deliver FEED for the WAH2 project 4/2
- Phelan Green selects Honeywell process technology for flagship South African eSAF facility 4/2
- Metafuels secures Dutch government grant to advance Rotterdam eSAF project 4/2
- Topsoe partners with Hynfra P.S.A. to advance green ammonia in Jordan 4/2
- China calls for independent refiners to maintain fuel output amid war disruption 4/2
