Crude oil
HP Brief
Train accident raises concerns on safetyThe train derailment that killed at least 38 people in Lac-Mégantic, Quebec, has heightened safety concerns about crude oil shipments by rail. It has been ..
HP Impact: Dilbit poses no extra pipeline risk
Diluted bitumen (dilbit) has no greater likelihood of accidental pipeline release than other crude oils, says a new report from the National Research Council. The report found that diluted bitumen has..
HP Impact: Canada takes steps to enhance its pipeline system
Canada’s Minister of Natural Resources recently announced the government’s plan to further enhance the country’s pipeline system by requiring companies operating major pipelines to have..
US oil, shale gas pioneer George Mitchell dies at 94
George Mitchell helped develop new technology for hydraulic fracturing and horizontal drilling, which he used to tap oil & gas at the Barnett Shale in North Texas during the 1980s and 1990s.
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.
- AFPM response to U.S. EPA actions on RFS small refinery waiver backlog 8/25
- Indonesia urges EU to remove biodiesel import curbs after WTO ruling 8/25
- Canada's Alberta eyes investment in Japan's refining to boost oil exports 8/25
- U.S. EPA approves biofuel waivers for small refiners, stirring concerns over demand 8/25
- Update: Russian oil supplies to Slovakia may resume as soon as today 8/25
- Liquid Sun launches eSAF production pilot with ABB, Finnair, Fortum and Finavia 8/25
