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Crude oil

HollyFrontier CEO says US fuel markets are healthy

HollyFrontier expects to increase its refining rate by 3% in the second quarter after finishing refinery maintenance at the beginning the year. Despite forecasts of a lackluster fuel demand amid a sluggish economy, HollyFrontier has seen solid fuels sales in its home region, its CEO said.

TransCanada resubmits Keystone XL application

TransCanada says it resubmitted an application for a US permit for its controversial Keystone XL oil-pipeline expansion, rejected by the White House earlier this year after it became a political flashpoint before this year's presidential election. The White House acknowledged receipt of the application.

Enterprise to raise Texas propane export capacity

In response to increased demand for propane from international markets, Enterprise has started a debottlenecking project on its existing export facility to increase propane export capacity by up to an additional 100,000 bbl per month. The work is expected to be completed by June 30, 2012.

Exxon Louisiana pipeline remains shut after oil spill

ExxonMobil said Wednesday that the North Line crude pipeline in Louisiana remains shut down after an oil spill occurred over the weekend and that cleanup operations continue. The North Line originates in St. James, La., and transports oil to the northern part of the state.

Shell to start up Ho-Ho oil pipeline reversal in 2013, carry crude from Houston

Shell Pipeline successfully concluded the binding open season period for firm capacity on the Houma-to-Houston pipeline system reversal project (Ho-Ho Reversal). The Ho-Ho Reversal project is expected to complement the new pipeline infrastructure that is currently being built to the Houston area.

OTC '12: Global operators see access challenges

HP Editorial Staff: HP Editorial Staff

While ample evidence exists to effectively debunk the peak oil theories, locating and extracting reserves that are more than capable of meeting future demand remains a primary challenge going forward.

HP Insight: The HPI uses technology when solving global problems

Research and development (R&D) has been the platform to support new methods to process transportation fuels and petrochemical products from hydrocarbons. So, how much of the R&D was just straight rese..

HP Construction: Latin America

Hydrocarbon Processing Staff: Meche, Helen

The Siemens Industry Automation Division will equip the Refineria de Cartagena S.A. (Reficar) refinery in Cartagena, Colombia, with an integrated water-treatment solution that is to form the heart of ..

HP Associations: A wealth of knowledge at AFPM annual meeting

Hydrocarbon Processing Staff: Thinnes, Billy

At March’s American Fuel and Petrochemical Manufacturers (AFPM, formerly known as the NPRA) annual meeting in San Diego, California, it seems everyone had some important knowledge to share. Nowhe..

Conoco completes Phillips 66 downstream spinoff

Following the close of trading Monday, energy giant ConocoPhillips completed the spinoff of Phillips 66 as an independent downstream company. The downstream spinoff includes the 50% stake in Chevron Phillips Chemical, a 50-50 joint venture with Chevron.