Americas
Industry Perspectives: The global reach of Hydrocarbon Processing
Since the beginning of this year, Hydrocarbon Processing has published more than 200 articles and columns. These publications include technical and trends-based articles on the hydrocarbon processing industry (HPI) within the magazine, online, in show dailies, etc.
Supply Chain: Rail’s speed of change is all about efficiency
Railroads have long played a major role in safely and efficiently moving freight from origin to destination. However, for more than a decade, they have faced declines and slow growth in coal and other bulk commodities transported by carload service.
Global: Russian oil majors eye Western expansion
Amid declining profits in the domestic market, Russia’s national oil company and leading oil producer, Rosneft, is considering expanding in the European Union (EU) and US refining markets.
Editorial Comment: Is the industry ready for IMO 2020?
In mid-July, hydrocarbon processing industry (HPI) professionals from around the world met in Houston, Texas for Hydrocarbon Processing’s International Petrochemical and Refining Conference (IRPC).
Honeywell completes acquisition of cyber security company
MORRIS PLAINS, N.J. — Honeywell announced that it has completed its acquisition of Nextnine Ltd., which was announced on June 13.
Refiner Phillips 66 quarterly profit beats estimates
(Reuters) — US independent oil refiner Phillips 66 reported a bigger-than-expected rise in quarterly profit helped by strength in its chemicals and refining units.
Icahn's biofuel bet faces significant headwinds
NEW YORK (Reuters) — Billionaire investor Carl Icahn's multimillion-dollar bet against US biofuel prices is looking increasingly risky in the wake of a Friday court ruling that will likely boost the cost of complying with the program.
MMEX Resources Corp. announces land acquisition for Pecos County refinery project
FORT STOCKTON, Texas — MMEX Resources Corp., a development-stage company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, announced a purchase of 126 acres in Pecos County, Texas for the construction of its Phase I 10,000 bpd crude distillation unit near Fort Stockton, Texas.
Oil near two-month high as producers set to meet again
LONDON (Reuters) — Oil prices rose on Monday, putting July on track to become the strongest month so far this year, as news of a producers' technical meeting next week added to bullish sentiment driven by the threat of US sanctions against Venezuela.
US court decision may boost biofuels, hit refiners
NEW YORK (Reuters) — The US government may have to require more biofuels to be blended into the country's fuel supply after a court ruled on Friday that the mandates must be reconsidered, a decision that boosted renewable fuel credits to seven-month highs on financial markets.
- AVTL to develop ammonia terminal in Pipavav, India 6/20
- Chevron seeks buyers for 50% stake in Singapore refinery 6/20
- Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict 6/20
- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
- Italy's Eni eyes new unit to manage oil refineries 6/20
- Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future 6/20
