Middle East
Crude oil, fuel shipping costs from Qatar set to rise on port ban
SINGAPORE (Reuters) — The costs to ship fuel and crude oil from Qatar are expected to rise after the United Arab Emirates banned vessels that previously called at Qatar from docking at UAE ports, multiple sources from the oil and shipping sectors said on Monday.
Oil comeback for cut-exempt producers threatens to swamp OPEC
LONDON (Reuters) — OPEC's battle against an oil glut is under threat as unsold crude from members Nigeria and Libya, which are exempt from a global production-cutting deal, is swamping the Atlantic Basin.
Oil shrugs off geopolitical tensions but some see red flags
LONDON (Reuters) — The oil price has ignored rising geopolitical tensions in the Middle East, as a three-year old crude surplus has wiped out any real fear over supply, but one of the world's largest security consultants says there are red flags the market cannot ignore.
Platts restricts Qatari-loading crude in pricing process
SINGAPORE/LONDON (Reuters) — Oil pricing agency S&P Global Platts said it will not automatically include Qatari-loading crude in its Middle East benchmark after Saudi Arabia and some other Arab states cut ties with Doha, a move that disrupted traditional shipping routes.
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 1,700 active downstream projects around the world.
Industry Metrics
US gasoline demand increased with the shift to summer fuels and higher export opportunities to Latin America.
Industry Perspectives: The digitalization of the downstream industry
The digitalization of the hydrocarbon processing industry (HPI) is in full swing. Numerous companies have created, and are optimizing, digital technologies to improve plant operations, increase energy efficiency and lower costs.
Editorial Comment: Optimizing our message to the oil and gas industry
The pages of <i>Hydrocarbon Processing</i> contain numerous case studies, techniques, advice and step-by-step approaches to optimizing downstream operations. These elements have been the focus of the magazine for the last 95 yr.
Yokogawa awarded analyzer package order for Oman petchem complex
Yokogawa Electric Corporation announces that its subsidiary, Yokogawa Electric Korea, has received an order to supply an analyzer package solution for the Liwa Plastics Industries Complex, which is being built for Oman Oil Refineries and Petroleum Industries Company (Orpic), a company owned and operated by the Oman government.
ADNOC, OMV sign MoU to support company’s downstream growth
ABU DHABI, UAE — His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the Austrian Federal Chancellor H.E. Christian Kern witnessed the signing of a Memorandum of Understanding between Abu Dhabi National Oil Company (ADNOC) and OMV AG (OMV).
- INEOS to cease phenol production at German site, cites high European energy costs and CO2 tax policy 6/17
- Petrobras signs $892 MM in contracts to complete RNEST Train 2 refinery expansion 6/17
- China's May refinery throughput at 9-month low on plant overhauls (1) 6/17
- bp completes turnaround work at 250,000-bpd refinery in Washington (U.S.) 6/17
- Japan's Eneos restarts 77,000-bpd Kawasaki CDU after unplanned shutdown 6/17
- UPM Biochemicals receives triple sustainability certification for the Leuna biorefinery 6/17
