Gasoline
OTC '12: Global operators see access challenges
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
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 Construction: Europe
BASF will increase its capacity for cyclohexane oxidation at its Antwerp Verbund site by about 50,000 tpy. The total investment amounts to about €10 million. Cyclohexane oxidation products are im..
HP Construction: Asia Pacific
Jacobs Engineering Group Inc. has a contract from Solvay for a major, specialty polymers production plant to be built at Solvay’s industrial site in Changshu, Jiangsu, China. Officials estimate t..
HP Associations: A wealth of knowledge at AFPM annual meeting
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.
Energy Transfer buys US refiner Sunoco for $5.3bn
Energy Transfer Partners agreed to acquire independent refiner Sunoco in a $5.3 billion deal that would greatly expand the reach of its pipeline system but could also saddle the company with aging refineries. Energy Transfer will also gain Sunoco's relatively successful chain of 4,900 gasoline stations.
US oil demand falls in March, gasoline use up - API
Total petroleum deliveries (a measure of demand) slipped 1.3% in March compared with March 2011, but gasoline deliveries were up 3%, according to monthly data from the API. US gasoline production of 9.3 million bpd set a record for any March and for any comparable year-to-date period.
Statoil sells fuel, retail unit, turns focus to upstream
Statoil joins a long string of oil majors offloading their retail holdings and leaving a challenging market where profits are pressured by high crude oil prices. The deal will give Canadian buyer Alimentation Couche-Tard around 2,300 fuel stations across Scandinavia, Poland, the Baltics and Russia.
- AVTL to develop ammonia terminal in Pipavav, India 6/20
- Chevron seeks buyers for 50% stake in Singapore refinery 6/20
- Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict 6/20
- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
- Italy's Eni eyes new unit to manage oil refineries 6/20
- Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future 6/20
