Diesel
Neste expands California renewable diesel sales
California is a forerunner in renewable energy, and renewable diesel plays a big role in California's climate plan. Neste says its NEXBTL renewable diesel meets US and California spec requirements.
HP Refining: Peru: Modernization of the Talara refinery
The mega-project expansion at the Talara refinery is the foundation of Petroperu’s new strategic plan to increase refining capacity and reduce the sulfur content in refined products.
HP Industry Metrics
Refinery utilization rates in the US, encouraged by the high driving season demand, continued to rise following the end of the heavy maintenance season. Regional demand in Asia continued lending suppo..
China’s ‘energy revolution’ strives for sustainable growth
China's energy demand, particularly for petroleum and other liquids, is rapidly increasing as its industrial and transportation infrastructures expand.
HP Industry Metrics
Up-to-dateata tables and figures illustrate the state of the worldwide HPI, including cracking spreads, margins and utilization rates.
Motiva to form new, in-house trading organization for refined products
The move toward in-house trading began in late 2014 when Motiva began negotiating term contracts for its gasoline and diesel products. The company intends to expand this focus to include all trading activities for transport fuels and refinery intermediates beginning January 1, 2016.
Europe’s downstream industry remains resilient
The European hydrocarbon processing industry (HPI) is a complex set of refineries and petrochemical facilities distributed among several nations, all of which are critical to the international trading and economy of the EU.
HP Industry Metrics
US refinery utilization rates have returned to summer operating levels. Crude oil pricing supports higher cracking margins for gasoline in US and European markets. Asian margins fell as increasing sup..
Pembina to provide terminal services for new Canada diesel refinery
The terminalling services will be provided by Pembina to North West under a 30-year fixed return agreement and a 10-year natural gas liquids (NGL) mix purchase and sale agreement related to the third fractionator Pembina is constructing at its Redwater site.
China’s CNOOC begins exports of gasoline, diesel
China National Offshore Oil Corp (CNOOC) has received government approval to begin international exports of diesel and gasoline cargoes in early May.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
