Asia/Pacific
Chinese refiners boost oil imports to record high
"Higher teapot demand and stronger refining margins which encouraged higher refinery throughputs have contributed to increased imports," an analyst said.
Thai Oil starts up first linear alkyl benzene plant
The plant has production capacity of 100,000 tpy, and the Thai refiner plans to export half of the output to India and other Southeast Asian countries, the company's CFO said.
Asia nears first gasoline shortage in over 15 years
A tightening gasoline market in Asia would coincide with an expected late 2016 to early 2017 puncture of a global crude glut, lending support to a recovery in oil prices.
Saudis raise crude prices for Asian refiners as demand strengthens
The Saudis have become more convinced that the demand gains in oil from Asian refiners are sustainable, giving them the confidence to start raising prices.
Meet EPA Tier 3 clean fuel regulations through improved blending processes
This article will examine the impact of Tier 3 regulations on gasoline blending at refineries and terminals, and illustrate options that can contribute to compliance while keeping costs under control.
Minimize unplanned shutdowns of fired heater operations
There are many potential “rules,” or guidelines, for the safe operation of process heaters.
Linear position sensors gain preference in industrial process control applications
Today’s industrial process control applications increasingly use automated systems to optimize operations and ensure a safer, more productive process.
Project Management: Protect operating margins with outsourced asset management
The oil and gas sector is under pressure to maintain operating margins. Although oil prices have stabilized in recent months, they have, nonetheless, fallen dramatically in the last year. This has bee..
Industry Metrics
Refinery margins weakened in the US due to lower winter demand.
Italy’s Eni slashes 2016 investment plans after reporting heavy losses
Eni posted a net loss in the quarter of 8.46 billion euros ($9.4 bln) on Friday after booking charges on its stake in oil service company Saipem and chemical unit Versalis.
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