HollyFrontier in the lead to acquire Petro-Canada lubricants

US oil refiner HollyFrontier Corp. is in advanced talks to acquire Suncor Energy Inc.'s Petro-Canada lubricants division for a little over $1 B.

US gasoline glut disappears as refiners tweak production

The US gasoline glut, which dominated discussions about the outlook for crude and fuel markets during the spring and early summer, quietly evaporated during August and September.

BP to set up fuel stations in India, challenge state refiners

Global oil major BP plans to open up to 3,500 fuel stations in India, becoming the second overseas firm drawn to rising demand for gasoil and gasoline in the world's fastest growing major economy.

Industry Metrics

Rhodes, Michael, Hydrocarbon Processing Staff

US gasoline demand contributed to falling inventories. Operational problems at several refineries and the potential impact of a tropical storm strengthened margins.

Business Trends: Global refining overview—Part 2

Nichols, L., Hydrocarbon Processing

Hydrocarbon Processing continues its series on the global refining industry.

Viewpoint: New challenges demand innovative solutions

Liebert, R., Honeywell UOP

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.

EIA: Pipeline disruption leads to record gasoline stock changes in Southeast US, Gulf Coast

The outage of Colonial Pipeline Line 1 between September 9 and September 21 resulted in record changes in motor gasoline stocks in both the Lower Atlantic and Gulf Coast states during the week ending September 16.

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.

IndianOil and USTDA sign an agreement to promote cleaner fuels in India

The US Trade and Development Agency and IndianOil will jointly work to explore cleaner fuels.

Honeywell UOP introduces ionic liquids alkylation technology

Honeywell UOP has introduced a new alkylation technology to the refining industry, developed by Chevron, that employs ionic liquids as a catalyst to produce high-octane motor fuels.