Crude oil
Trans Mountain oil pipeline expansion pushes rivals to cut rates, for now
Pipelines that historically carry Canadian crude to the U.S. are cutting rates and looking to ship different grades of crude oil due to rising competition from the newly expanded Trans Mountain pipeline.
India's Bharat Petroleum Corp. to boost integrated refining-petrochemical capacity by 2030
India's Bharat Petroleum Corp plans to increase its integrated refining and petrochemical capacities within the next 5 yr-7yr to meet growing energy demand. India's annual consumption of refined fuels and petrochemicals is expected to rise steadily by 4%-5% and 7%-8% in the 'foreseeable future'.
Asia 10-ppm gasoil refining margins near 18-month low on clouded outlook
Asia's 10-ppm sulfur gasoil refining margins have slumped to a near 18-month low amid mixed market outlooks as well as softer ICE gasoil futures and prompt paper swaps.
U.S. crude, gasoline stockpiles fall on stronger demand
U.S. crude oil and gasoline inventories fell last week as demand picked up ahead of Labor Day weekend and the end of the summer driving season.
The attractive market opportunity for synthetic graphite: Graphite as an energy transition material (4)
Given the attractive demand projection, investors must understand the benefits and return on investment for natural and synthetic graphite routes. This article establishes the pros and cons for each, and specifically highlights the emerging opportunity for upgrading and repurposing smaller petcoke units to needle coke units, therefore contributing to fulfilling the rising demand for synthetic graphite.
Utilize a hydrogen reactions lab to optimize renewable fuels processing
Leading technology developers in the refining space are utilizing various catalysts to enhance the adjusted reaction chemistry, but this does not directly address how to optimize hydrogen utilization for the hydrodeoxygenation and isomerization/cracking processing steps. To ensure the right equipment outlay and calibration for these hydrogenation applications, replicating the process in a lab setting can help identify efficiencies and yield improvements for a fraction of the cost that a refiner would incur attempting to achieve that optimization through modifications at commercial scale.
Meet gasoline quality and process safety requirements through new alkylation technologies
The catalytic alkylation process is very attractive to countries with high gasoline consumption and a sizable availability of LPG. This process can produce high-octane gasoline with low levels of contaminants, although there are high capital investment and operational costs associated with this technology.
Mexico's new Pemex refinery processes 65,000 bpd of crude in July but no gasoline
Mexican state oil firm Pemex's newest refinery processed some 65,046 bpd of crude oil in July, its first month of operations after multiple delays, and just over 30,000 bpd of diesel and coke.
Wood to progress to FEED stage for EET Fuels Hydrogen Fuel Switching project in the UK
Wood has been awarded the front-end engineering design (FEED) stage of EET Fuels Hydrogen Fuel Switching project. Hydrogen (H2) will be provided by EET Hydrogen, the company’s co-located Track One low-carbon hydrogen production company.
New research reveals increasing strategic importance of maintenance in oil and gas industry operations
Jotun has published a new report, derived from a survey of over 1,000 senior professionals, showing that 88% of respondents anticipate an increase in maintenance budgets over the next five years and 75% say that the requirement to report on environmental performance has led to increased investment in maintenance.
- China's Shandong Yulong Petrochemicals to invest > $16 B to incorporate petrochemicals production at Yantai refinery 7/30
- Supertanker delivers oil to sanctioned Nayara Energy's Vadinar refinery 7/30
- Update: Microsoft restores services to Russia-backed Nayara Energy 7/30
- U.S. crude stocks and distillate inventories rise, gasoline inventories fall 7/30
- Mexico exports 39% less crude oil in June, refining and fuel production increase significantly 7/30
- CLG and INA successfully produce SAF from biogenic feedstock 7/29
