Crude oil
Global Project Data
According to <i>Hydrocarbon Processing’s </i> Construction Boxscore Database, there were nearly 90 new project announcements from January 2015 to June 2015.
A new solution to the challenges of crude selection and scheduling
The state-of-the-art approach to solving the crude selection and scheduling problem is to separate the two challenges.
Exxon shareholder vote could see climate activist join board
Voters at ExxonMobil Corp.'s annual meeting on Wednesday approved a measure to let minority shareholders nominate outsiders for seats on the board, meaning a climate activist could eventually become a director at the world's largest publicly traded oil company.
Shell CEO warns on hasty renewables shift
Major investors, including Dutch pension fund PGGM, have criticized Shell's climate change policy in recent months, saying it should do more to mitigate climate change risks.
Argentina’s refiners buy Nigerian crude as second foreign cargo of 2016
Because of quality issues -- Argentina has a surplus of heavy crude that is regularly exported, but it does not produce enough light grades -- refining companies plan to import at least 3 MMbbl of crude.
India sees road building as route to boost fuels
Past experience from the US and other advanced economies suggests massive highway construction will promote the creation of a more integrated national economy and increase freight and passenger traffic further. That will spur further rapid growth in transport fuels such as gasoline and diesel.
US gasoline, distillate inventories drop as refiners raise operating rates
Gasoline stocks fell 2.5 MMbbl, compared to forecasts for a 150,000-bbl drop. Distillate stockpiles, which include diesel and heating oil, fell 3.2 MMbbl, versus expectations for a 642,000-bbl drop.
Analyst: Rising gasoline use in India drives global oil demand growth
Provided India's economy continues to grow, and fuel prices remain moderate, India's thirst for gasoline will be the most important source of oil demand growth over the next few years.
Argentina looks to stop light crude imports, boost domestic refining
Increased refining of domestic light crudes and further investment in the oil sector keep country rolling toward energy independence.
US refiners seek alternatives to Canada oil sands crude
The widespread regional fire is putting a big dent in imports from Canada, and while there are other plentiful sources, they will take time to move to the US Midwest.
- Borouge to develop AI-powered autonomous UAE operations to accelerate growth and value creation 6/25
- Ch0C gas boiler: A French consortium innovates for industrial decarbonization 6/25
- Taiwanese container ship operator to install WinGD's methanol engines across more than 30 vessels 6/25
- EIA: U.S. crude and fuel inventories fall on higher demand 6/25
- Update: Venezuela's second largest refinery restarting units after blackout 6/25
- 3t introduces landmark training to empower women in Saudi Arabia’s energy sector 6/25
