Economics
Industry Metrics
US margins recorded losses as crack spreads declined for all products except fuel oil, despite lower refinery crude intakes.
Refining: Chinese refining industry eyes production cuts, consolidation
The Chinese refining industry is on the verge of massive production cuts and consolidation. A new tax rule aimed at curbing alleged tax evasion by independents and the end of an era of liberalization in the industry are driving the downsizing.
Hydrocarbon Processing Awards
<i>Hydrocarbon Processing,</i> the downstream processing sector’s leading technical publication, has announced the winners for its second annual awards.
Technical considerations for the Heydar Aliyev refinery revamp
The following case study describes the early development phases of SOCAR’s ongoing major revamp project at the Heydar Aliyev Refinery (HAR) in Baku, Azerbaijan, and its interface with the associated Azerikimya (AZK) steam cracking complex near Sumgait. References are made to the related SOCAR polymer project in Sumgayit, as well.
People
Elliott Group has appointed Mark Babyak as VP of its cryodynamic products business, formerly the cryodynamics division of Ebara Intl. Corp.
Industry Metrics
With the exception of fuel oil, US product markets showed losses against pressure from across the barrel and high crude oil prices.
Business Trends: A strategic energy solution
Refining is the process of separating crude oil into different hydrocarbon groups through distillation.
Industry Perspectives: The latest advancements in refining/petrochemical technologies on display
From September 25–26, Hydrocarbon Processing will bring its International Refining and Petrochemical Conference (IRPC) back to the US.
Viewpoint: The need for change—Why the industry is looking at crude-to-chemicals
As the world’s population increases and living standards continue to improve, the demand for energy and chemicals is stronger than ever before.
Hydrocarbon Processing Awards
<i>Hydrocarbon Processing</i>, the downstream processing sector’s leading technical publication, has announced the finalists for its second annual awards.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
