Crude oil
HP Industry Metrics
Mid–October crude oil prices slumped as the International Energy Agency (IEA) announced a slight increase in global oil demand by 700 Mbpd. In contrast, oil production is forecast to increase by ..
Phillips 66, Energy Transfer to transport Bakken crudes to US refiners
Phillips 66 has formed a JV to help Energy Transfer Partners build a pipeline that will transport 450,000 bpd of North Dakota Bakken crude oil to the Midwest.
HP Global: Asia-Pacific’s refining industry entering a low-margin cycle
The global refining industry is struggling with overcapacity even after the closure of 3.5 MMbpd of capacity since 2011. Accordingly, global refining margins are expected to weaken in the coming years..
HP Industry Metrics: Industry Metrics
According to the International Energy Agency’s August Oil Market Report, 2014 global oil demand has stalled. The International Monetary Fund (IMF) revised down its forecast for global economic gr..
HP Industry Perspectives: More waves for marine fuels
The outlook for heavy fuel oil is not optimistic. New fuel specifications for marine bunker fuels under the International Convention for the Prevention of Pollution from Ships (MARPOL) Annex VI regula..
HP People
IHS has named two industry veterans to join its chemicals leadership team. Stein Raae, an international business executive and advisor with more than 30 years of experience at ExxonMobil, Statoil and ..
What is the impact of US shale oil on global markets and refinery configurations?
One of the most important factors in determining a refinery’s profitability is its ability to access low-cost feedstocks. This is not to be confused with survivability. Some uneconomic refineries..
Optimize field upgrading of oil sands with slurry-phase combi-cracking technology
Slurry-phase combi-crackers are able to process a much wider range of feeds—including those with very high levels of metals, asphaltenes and sulfur—that cannot be economically upgraded in fixed-bed or ebullated-bed reactors, which makes this process ideal for upgrading oil sands.
Overcome the imbalance between diesel and gasoline production
A number of strategies can be applied to increase the overall product selectivity to middle distillates.
Hydrogen perspectives for 21st century refineries
As refining market trends continue to support increased demand for H2, its availability and cost are critical for many refiners, creating a tough environment for securing reliable, efficient and environmentally-friendly H2.
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