Gasoline
Enhancing refinery profitability with a novel offgas conversion technology
The refining industry is challenged every day to optimize product slates that comply with market demand, product specifications, environmental regulations and refining-petrochemical integration, all while remaining profitable.
Industry Metrics
US refining margins showed slight gains on the top of the barrel as a result of cold weather-related refinery outages, rebounding slightly from the previous month.
Industry Perspectives: Secondary unit construction surges in the near term
Although the refining industry is expected to add more than 7 MMbpd of new distillation capacity by the early 2020s, the global refining industry will witness a boost in secondary processing capacity, as well.
Editorial Comment: The future of refining—sulfur need not apply
According to multiple industry reports, crude oil consumption will continue to increase over the short term.
Upgrading the bottom of the barrel
In the past few decades, new technologies, including both carbon rejection methods and catalytic conversion methods, have emerged.
Composite ionic liquid alkylation technology gives high product yield and selectivity
Global sentiment has been moving toward a call to develop innovative technologies that address environmental preservation and limit the use of hazardous materials.
Industry Metrics
Record low temperatures in the eastern US strengthened the diesel market but extended the downward trend in refining margins.
EIA: Growing octane needs widen price spread between premium, regular gasoline
In late 2016, the difference between US average retail prices for premium and regular gasoline reached 50 cents/gal. This price spread has been generally expanding since 2000, and the rate at which the spread has grown has accelerated over the past 3 yr. Many factors on both the supply and demand sides are likely influencing this trend.
EIA: US gasoline prices increased in 2017
US regular retail gasoline prices averaged $2.41/gal in 2017, 27 cents/gal (13%) higher than in 2016, but two cents/gal less than in 2015.
Singapore fuel oil stocks drop despite shrinking exports
SINGAPORE (Reuters) — Singapore weekly onshore fuel oil inventories fell 10%, or 2.462 MMbbl (about 367 Mt), to a two-week low of 22.728 MMbbl (3.392 MMt) in the week ended Jan. 3, data from International Enterprise (IE) Singapore showed on Thursday.
- 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
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
- KBC launches Visual MESA Energy Management System 7.3 11/18
- MHI Compressor secures steam turbine contract at Baton Rouge (U.S.) olefins plant 11/18
