Gasoline
HP Viewpoint: Age of turbulence: Charting the refining course toward a profitable future
High-performing enterprises draw on external expertise during all project phases, from scouting and front-end engineering and development through to operations.
HP Construction: North America
Sunoco Inc., and The Carlyle Group, L.P., have completed the formation of Philadelphia Energy Solutions, a joint venture (JV) that will operate the Philadelphia refinery. The refinery processes 330,00..
HP Construction: South America
Bechtel has a license agreement with Pemex Refinación, the refining subsidiary of Mexican state oil company Pemex, for the process design of a delayed coking unit (DCU) complex for the new Tula r..
HP Construction: Middle East
Some of Maire Tecnimont S.p.A.’s subsidiaries have been awarded contracts totaling approximately €135 million for engineering, procurement and technology services.In Egypt, its subsidiary, T..
HP Construction: Asia-Pacfic
Technip has two contracts, worth approximately €50 million in total, for the front-end engineering and design (FEED) services of two refineries in Kazakhstan. The scope involves the modernization..
API sees falling US demand for gasoline, distillates
Demand for gasoline dropped 2% from a year earlier, to 8.572 million bpd, the API said. The nine-month average demand of 8.73 million bpd was down 0.7% from the same time in 2011. September demand for distillate fuel (heating oil/diesel) was 4% below the year-earlier level, at 3.777 million bpd.
Murphy Oil to spin off US downstream business
Murphy Oil on Tuesday said it expects to complete the spinoff of Murphy USA in 2013. Murphy USA’s business will consist of retail marketing of petroleum products, a chain of retail gasoline stations, seven product distribution terminals and two ethanol production facilities in North Dakota and Texas.
California switches to winter gasoline to ease cost
The shortages underscore California's relative isolation from the rest of the nation in terms of energy. The state is the largest fuel market in the nation, but its strict production rules make importing gasoline from other areas difficult; and there are no fuel pipelines connecting it to markets across the Rocky Mountains.
Valero suspends spot gasoline sales in California
Valero, the largest US refiner, took the unusual step after a series of shutdowns at Richmond and other refineries. Valero said it will meet its current contracts to supply gasoline, but won't sell into the spot market. Spokesman Bill Day said resumption of spot sales "will depend on markets and inventories."
HP Impact: Natural gas vehicles could be gaining traction
Natural gas vehicles could be gaining tractionA new report from PIRA Energy Group says that the sheer volume of US recoverable gas resources relative to expected demand suggests that benchmark Henry H..
- 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
