Economics
European glut weighs on global gasoline margins
Gasoline stocks in Europe have hit a record high as exports dropped due to higher refinery runs in the U.S. and Nigeria, resulting in gasoline profit margins at European and U.S. oil refineries falling to a 15-month low in January.
India's BPCL sees March Russian oil intake down 20% as it awaits offers
India's state-run refiner Bharat Petroleum Corp. sees its Russian oil processing down to 20% in March from 31% this month as it awaits offers from traders.
Digital Exclusive (sponsored): Improve efficiency via centralized data and advanced collaboration
This article will detail how companies can use digital solutions to transform their engineering and data management by seamlessly integrating real-time data across the entire asset lifecycle, enabling faster, more accurate decision-making to improve efficiency, increase safety, minimize downtime and enhance profitability.
Topsoe to provide technology to Chuangui Lingang New Energy's 300,000-tpy SAF/renewable diesel plant in China
Chuangui New Energy company will use Topsoe’s licensing and engineering design services and technologies, including its HydroFlex® technology, proprietary equipment and catalysts enabling production of SAF and renewable diesel starting from used cooking oil.
South Korea's GS Caltex plans Yeosu refinery maintenance in late February
The maintenance at its 330,000-bpd crude distillation unit is expected to last for around 30 days
Decarbonization pathway for net-zero by 2050: Carbon neutrality roadmap strategy for an integrated refinery and petrochemical facility
This article quantifies GHG emissions from various sources, such as fired heaters and boilers, within refinery and petrochemical operations. Based on these quantified emissions, a tailored carbon neutrality roadmap is developed, incorporating carbon reduction, mitigation and offsetting strategies.
Synthetic graphite demand drives attractive techno-economics for coker upgrades
This article describes the economic opportunity that synthetic graphite demand growth presents for American and European refiners. It describes the conditions that best suit a plant to be considered for such a revamp. The article also discusses the modifications needed in capital equipment, process conditions and feedstock to execute this change, the typical capital expenditure required to materialize it, and the transformational gross profit enhancements that could result from these modifications, given the product slate upgrade.
Sustainability application of aviation eJet fuel
SAF will be essential to achieving the aviation industry’s ambitious decarbonization targets by 2050. Regulations will play a large part in increasing the share of SAF used in aviation and defining the qualified products. CO2 utilization and bio-SAF have great potential to supplement aviation turbine demands. Combining the production of bio-SAF and CO2-based industrial processes provides advantages regarding the most efficient use of carbon from different sources, with high efficiency and optimized costs.
Ammonia decomposition—Hydrogen carrier value chain
Ammonia (NH3) is emerging as one of the most promising H2 carriers, offering solutions to several critical challenges associated with H2 storage and transportation. As H2 is increasingly recognized as a pivotal component in the transition to a carbon-free energy future, efficient storage and transportation systems have become crucial for its widespread adoption.
Power up: Considerations to help understand the potential of cogeneration
Combined heat and power, also known as cogeneration, converts one form of energy to two usable forms, typically heat and power. By simultaneously producing onsite electricity and heat, cogeneration systems can provide reliable energy at reduced overall costs. Cogeneration is a very effective pathway to executing decarbonization strategies when coupled with renewable natural gas or other low-carbon fuels.
- Emerson's Aspen Technology business releases new software with expanded AI capabilities, enhanced visualization and simplified workflows 5/13
- LanzaJet and BioD announce feasibility study for SAF plant in Colombia 5/13
- U.S. House targets big climate, clean energy rollbacks in budget proposal 5/13
- Chevron attempting to restart El Segundo, California refinery after taking units offline last week 5/13
- Mexico's Pemex plans to export less crude oil as new refinery starts up 5/13
- BASF is expanding its portfolio of raw materials for the production of concrete superplasticizers for the construction industry in the European market 5/13
