Rhodes, Mike
People
The Society of Petroleum Engineers (SPE) Aberdeen Section board has elected Ian Phillips, chief executive of the Oil and Gas Innovation Centre (OGIC), as its new chairman.
HP Industry Metrics
Global refinery margins fell due to the expectations of a mild winter and an oversupply environment.
HP People
Michael D. Scott has been named an International Society of Automation (ISA) Fellow, a distinguished grade that is granted to ISA senior members in recognition of outstanding achievements in scientific or engineering fields.
HP Industry Metrics
A sharp drop in the gasoline crack spread following the end of the US driving season and increasing inventories caused refinery margins to fall.
HP People
GFBiochemicals has appointed three new senior team members.
HP Business Trends
As a consequence of the shale gas boom, US crackers have switched away from naphtha feedstock to ethane-based feedstock.
HP Industry Metrics
High US refinery utilization rates have continued, encouraged by strong gasoline demand amid lower crude prices.
HP People
Wood Group Mustang has appointed Elaine Lisenbe to the position of chief financial officer (CFO), and Valencia Amenson to VP of human resources.
Varied solutions to the challenges of sulfur management
As governments impose progressively stringent limits on the sulfur content of fuels, the refining industry and the hydrocarbon processing industry (HPI) are increasing their focus on sulfur removal to maximize profits from sulfur-rich oil and gas resources.
HP Business Trends
To satisfy its growing refined fuel demand, Latin America has relied heavily on imports from the US. Major refinery projects have been announced to curb this reliance, but the drop in crude oil prices has limited capacity expansions.
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- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
