Crude oil
Soft refining margins may cut Asian crude demand
Singapore's complex cracking margins have softened to around $3.53/bbl, from around $6.34/bbl a week earlier, data from JBC Energy showed, as margins for gasoil and kerosene fall from seasonal highs.
US monthly oil demand plummets to 16-year low as gasoline use drops
Demand for gasoline, the most widely used petroleum product in the world's biggest oil consumer, fell 1.9% from a year earlier to a 12-year June low of 8.865 million bpd, according to the API. Second-quarter gasoline use was 2% lower than in the same period in 2012, at 8.775 million bpd.
Linde, Sapphire Energy to develop algae-to-crude process technology
Together, the companies will refine the hydrothermal treatment process developed and operated today by Sapphire Energy at pilot scale. In addition, they will jointly license and market the technology into an expanded list of industries, including algae, municipal solid waste and farm waste.
Enterprise taps Foster Wheeler for gas processing services work
A subsidiary of Foster Wheeler has signed a master service agreement to support the North American capital project program of Enterprise Products Operating LLC.
South Sudan resumes crude exports from Sudan
Landlocked South Sudan has resumed crude oil shipments from Port Sudan for the first time in 18 months, as the two former civil war foes make renewed efforts to diffuse the latest spat over the use of transit oil facilities, the main obstacle for the newly independent nation's oil exports.
Asia: Future challenges and opportunities for refining sector
Securing the right quality of crude oil, increasing refinery competitiveness and adapting to fast-changing inter-regional trade dynamics are some of the area's key challenges.
Innovative solutions for processing shale oils
New monitoring protocols can provide advance warning of any negative aspects of shale oil processing, thus enabling the refiner to take corrective measures early.
Optimize amine units and improve refinery profitability
The alkanolamine system in a refinery, better known as the amine unit, is used to remove hydrogen sulfide (H2S), carbon dioxide (CO2) and mercaptans (collectively referred to as acid gases) from proce..
Consider catalytic dewaxing as a tool to improve diesel cold-flow properties
Diesel engines rely on effective dispersion of fuel to ensure efficient combustion. In cold weather regions, maintaining the fluidity flow of fuels can be difficult. Catalytic dewaxing is a selectiv..
HP Brief
Gazprom Neft refines Euro 5 diesel fuelGazprom Neft’s Moscow oil refinery has launched production of Euro 5 diesel fuel. Starting last month, all diesel fuel supplied by the Moscow oil refinery t..
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