Diesel
HP Industry Metrics
Oil prices continued their downward plunge throughout October and into early November. The decline is due to bearish market fundamentals accompanied by a strong US dollar. Saudi Arabia is not expected..
HP Industry Perspectives: Oil price—How low can it go?
Oil price volatility returned with a vengeance in October amid worries of slower economic growth, weakening oil demand, an unexpected increase in Libya’s output, and an indication by Saudi Arabia..
Manage hydrogen sulfide hazards with chemical scavengers
Hydrogen sulfide (H2S) and its associated hazards are well known in the oil and gas production and refining industries. Legislation has been in place for years, imposing strict regulations on H2S leve..
Manage the impacts of high-solids crude oil more effectively
Solids in crude oils present refiners with many challenges. Processing higher-solids-content crude oils increases the need for the management of such solids even more. The Canadian Association of Petr..
HP Global: European refining—Cornered, with no way out?
2013 was a dismal year for European refining in terms of record low crude runs, which reflect weaked demand outlook and increasing competition from other regions. Out to 2020, we envisage European ref..
HP News
EPA: GHG emissions from refineries increase 1.6% in 2013The US Environmental Protection Agency (EPA) has released its fourth year of GHG data, with over 8,000 large facilities reporting 2013 emissions..
HP Industry Metrics
Mid–October crude oil prices slumped as the International Energy Agency (IEA) announced a slight increase in global oil demand by 700 Mbpd. In contrast, oil production is forecast to increase by ..
HP Global: Asia-Pacific’s refining industry entering a low-margin cycle
The global refining industry is struggling with overcapacity even after the closure of 3.5 MMbpd of capacity since 2011. Accordingly, global refining margins are expected to weaken in the coming years..
HP Industry Metrics: Industry Metrics
According to the International Energy Agency’s August Oil Market Report, 2014 global oil demand has stalled. The International Monetary Fund (IMF) revised down its forecast for global economic gr..
HP Industry Perspectives: More waves for marine fuels
The outlook for heavy fuel oil is not optimistic. New fuel specifications for marine bunker fuels under the International Convention for the Prevention of Pollution from Ships (MARPOL) Annex VI regula..
- INEOS to invest €250 MM in Lavera cracker modernization project in France 11/19
- BASF adds ISCC EU certification to certified biomass-balanced methanol portfolio 11/19
- Siam Cement to invest an additional $500 MM in Long Son chemical complex 11/19
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
