Refining
Case history: Modernization of Russia’s refining industry—Part 1
Russian laws governing transportation fuels and crude oil have undergone many changes. These regulatory changes will involve the revamping of Russia’s refining industry. At present, this nation h..
Which margin levers impact Group I and Group II base stock competitiveness?—Part 2
This is the second in a two-part series assessing the struggle taking place between Group I and Group II/III for market control and price formation in the global base stocks industry. Part I provided ..
HP Global: The reshaping of Latin America’s petrochemical industry
Latin American economies continue to grow. Fig. 1 shows the gross domestic product (GDP) growth rates from 2010 through 2018 for this region. Brazil accounts for 35% of the total GDP growth. For the p..
HP Boxscore Construction Analysis: South Africa—Africa’s clean fuels leader?
In response to new legislation, refiners around the world are implementing operational and processing changes to reduce sulfur levels in their transportation fuels.
HP Industry Perspectives: Tale of two continents
Growing supplies by non-OPEC countries has introduced some calm for crude oil prices. However, other factors are influencing profitability and margins. In the US, the abundance of shale oil and the 40..
HP News
API releases three new standards to improve refinery safetyThe American Petroleum Institute (API) issued three new first-edition standards to enhance refinery safety and inspection programs:RP 583, Co..
HP Industry Metrics
Global energy markets are reaching a new equilibrium, according to Wood Mackenzie analysts. As demand shifts to the East, it will expand to extraordinary proportions. However, the world finds itself i..
What is the ‘refinery of the future’?
For years, technology experts and engineers have discussed the elements and operations that will define the refinery of the future. The refining industry has made great progress from the early days. H..
CB&I wins technology, FEED contracts for Russian hydrocracker project
CB&I's project scope includes FEED development for multiple new process units, including a 2.5 million tpy hydrocracker unit licensed by Chevron Lummus Global, a joint venture between CB&I and Chevron, as well as hydrogen and sulfur units licensed by CB&I and other associated units.
Fuel economy standards to cut US gasoline use as diesel and exports rise
One of the primary drivers of the decrease in motor gasoline consumption is more stringent fuel economy standards that will require new light-duty vehicles to average about 49 miles/gal in vehicle model year (MY) 2025, versus their current compliance estimate of about 33 miles/gal in 2012.
- IHI, Vopak to launch ammonia terminal project in Japan 7/11
- India's BPCL plans to shut Bina refinery unit for 15-day maintenance in August 7/11
- Soaring electric truck sales deal new blow to diesel use in China 7/11
- Russia`s Tatneft launches new hydrocracking unit on TANECO refinery 7/11
- IEA: Global oil market may be tighter than it looks 7/11
- India must boost its petchem output to counter China's dominance, Reliance says 7/11
