http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2024/09/mexicos-pemex-posts-drop-in-oil-production-as-lopez-obrador-exits/ Crude output by Pemex fell in August as Mexico's national oil company failed to reduce fuel imports in line with company targets, while overall falling well short of the lofty energy trade goals of the country's outgoing president. http://hydrocarbonprocessing.com/news/2024/09/global-refiners-face-profit-slump-as-new-plants-come-online/ Oil refiners in Asia, Europe and the U.S. are facing a drop in profitability to multi-year lows, marking a downturn for an industry that had enjoyed surging returns post-pandemic and underlining the extent of the current slowdown in global demand. http://hydrocarbonprocessing.com/news/2024/08/mexicos-new-oil-refinery-to-cover-20-of-fuel-needs-in-weeks-president-says/ Production at a new refinery owned and operated by Mexico's state-run oil company Pemex will meet a fifth of the country's motor fuel needs within two weeks, President Andres Manuel Lopez Obrador said on Monday. http://hydrocarbonprocessing.com/news/2024/07/mexico-seeks-more-2025-fuel-import-deals-after-refinery-delays/ Mexico is seeking to import more motor fuel for next year than it had previously planned, to compensate for delays in the startup of its new Olmeca refinery. http://hydrocarbonprocessing.com/news/2024/07/bp-energy-outlook-two-main-scenarios-see-2025-oil-peak-rapid-renewables-growth/ bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday. http://hydrocarbonprocessing.com/news/2024/07/gulf-energy-information-appoints-catherine-watkins-as-chief-commercial-officer-to-drive-market-expansion/ Gulf Energy Information (Gulf), a premier B2B media company in the global energy sector, proudly announces the transition of Catherine Watkins from Chief Financial Officer (CFO) to Chief Commercial Officer (CCO), effective immediately. This strategic transition aligns with Gulf’s commitment to expanding market share and driving sales growth across key markets. http://hydrocarbonprocessing.com/news/2024/07/aslan-energy-signs-mou-for-35-000-hectares-of-mexico-land-to-propel-green-h2-and-ammonia-production/ A significant step towards sustainable energy production and environmental preservation was taken by Aslan Energy Capital (Aslan Energy), which signed a memorandum of understanding (MoU) for the acquisition of 35,000 hectares (~86,500 acres) of land in Sonora, Mexico. http://hydrocarbonprocessing.com/news/2024/07/opec-sticks-to-2024-oil-demand-view-sees-strong-travel-season/ OPEC is sticking to its forecast for relatively strong growth in global oil demand in 2024 and next year, saying on Wednesday that resilient economic growth and air travel would support fuel use in the summer months. http://hydrocarbonprocessing.com/news/2024/07/eia-global-oil-market-will-be-in-supply-deficit-next-year/ Global oil demand will outpace supply next year, the U.S. Energy Information Administration (EIA) said on Tuesday, reversing a prior forecast for a surplus. http://hydrocarbonprocessing.com/news/2024/06/panama-canal-traffic-to-increase-as-drought-conditions-ease/ The Panama Canal Authority (APC) has announced that it will increase the number of daily booking slots for vessels transiting the Panama Canal to 35 in August, easing rules that restricted shipping traffic through the narrow waterway since last year.