Economics
Viewpoint: New challenges demand innovative solutions
As the industry works through the most volatile conditions in more than a generation, refiners are facing several challenges that will define the industry in the next decade.
Project Management: Global trends in energy savings: Are emerging technologies the solution?
Despite low energy prices, energy conservation continues to be an important component of business strategy in the oil refining and chemical industries.
Brazil's Braskem enters talks with US authorities in graft case
Brazil's Braskem has entered into talks with the US Department of Justice and the Securities and Exchange Commission regarding an internal graft probe started in 2015.
Pertamina to form refinery JVs with Rosneft, Aramco
Indonesian state energy company Pertamina expects to sign a JV agreement with Russian oil major Rosneft for the Tuban oil refinery development project.
Petronas weighs sale to exit $27 billion Canada LNG project
Malaysian state oil firm Petronas is considering selling its majority stake in a $27 B Canadian LNG plant.
EIA: US exports distillate from Gulf Coast, imports on East Coast
Patterns of US distillate trade can be explained by regional supply and demand imbalances within the East Coast and Gulf Coast regions.
Refinery maintenance eases diesel glut as Europe empties tanks
Traders are rapidly emptying diesel tanks in Europe's storage hub as refinery maintenance lowers global production, offering a brief respite for the heavily oversupplied market.
EIA: Propane exports drove 2016 US petroleum product export growth
In the first half of 2016, the US exported 4.7 MMbpd of petroleum products, almost 10 times the crude oil export volume, an increase of 500 Mbpd over the first half of 2015.
Moody’s predicts sustained negativity for refining industry
Moody's outlook for the refining and marketing industry in North America and Europe, the Middle East and Africa remains negative.
Aruba parliament approves reactivation of Citgo refinery
Aruba's parliament approved a law that permits the reactivation of the Caribbean island's 235 Mbpd refinery, operated by Citgo Petroleum.
- Ineos to invest £150 MM at Grangemouth site 12/17
- KBR’s methanol technology selected by Fikrat Al-Tadweer for the first biomethanol plant in Saudi Arabia 12/17
- Petrobras strike hits eight refineries on second day 12/17
- Shell seeks buyers for stake in Germany's Schwedt refinery 12/17
- Digital Exclusive: Root cause analysis on hydrochloric acid corrosion in a diesel hydrotreater unit 12/16
- Digital Feature: Enabling growth through strategic cost optimization for petrochemical and refining companies 12/16
