Gasoline
Industry Perspectives
As mentioned in the editorial comment of the October issue of <i>Hydrocarbon Processing,</i> the nominees for the 2018 Top Project awards are out.
Risk: Measuring margins—Avoiding complacency when the market is stable
When top oil marketer Geneva Energy Markets LLC liquidated its trading book holding<sup>1</sup> “millions of barrels of open interest across crude oil, refined products and natural gas,” managing partner Mark Vonderheide emphasized the pressures and potential damage of new market regulations.
Industry Perspectives: Refining’s real growth is through secondary unit capacity
According to multiple industry reports, the global refining sector will add between 7 MMbpd and 8 MMbpd of new crude distillation unit (CDU) capacity by the early 2020s.
Industry Metrics
US margins recorded losses as crack spreads declined for all products except fuel oil, despite lower refinery crude intakes.
Refining: Chinese refining industry eyes production cuts, consolidation
The Chinese refining industry is on the verge of massive production cuts and consolidation. A new tax rule aimed at curbing alleged tax evasion by independents and the end of an era of liberalization in the industry are driving the downsizing.
Corrosion impact of the mixture of butanol-blended gasoline
The role of octane boosters on the corrosivity of petroleum products for gasoline/diesel engines has attracted more attention in the auto fuel market due to the depletion of fossil fuels in the world’s feedstock.
Technical considerations for the Heydar Aliyev refinery revamp
The following case study describes the early development phases of SOCAR’s ongoing major revamp project at the Heydar Aliyev Refinery (HAR) in Baku, Azerbaijan, and its interface with the associated Azerikimya (AZK) steam cracking complex near Sumgait. References are made to the related SOCAR polymer project in Sumgayit, as well.
Industry Metrics
With the exception of fuel oil, US product markets showed losses against pressure from across the barrel and high crude oil prices.
Hydrocarbon Processing Awards
<i>Hydrocarbon Processing</i>, the downstream processing sector’s leading technical publication, has announced the finalists for its second annual awards.
- Kumho Mitsui Chemicals begins operation of chlor-alkali plant using thyssenkrupp nucera technology 6/16
- MAIRE, Azerbaijan partner to increase sustainability projects in Azerbaijan 6/16
- Mitsubishi Gas Chemical, RITE partner to convert captured CO2 into methanol 6/16
- Yara Clean Ammonia supports groundbreaking ammonia bunkering pilot in Pilbara (Australia) 6/16
- Syensqo signs carbon fiber composites recycling contract with Fairmat 6/16
- OCI Global receives U.S. regulatory approval for the sale of its global methanol business to Methanex Corp. 6/16
