Gasoline
Honeywell develops fuel-saving flight management software for airliners
Some estimates place potential benefits at as much as 3% in savings on reduced fuel use. Others project as much as $200,000 in annual savings per plane while cruising long oceanic routes. United Continental Holdings is running demonstration flights to verify such estimates.
Syntroleum secures EPA registration for renewable gasoline blendstock
Dynamic Fuels LLC, Syntroleum Corp.'s joint venture with Tyson Foods, has been granted Part 79 registration for its renewable gasoline blendstock 10 by the US Environmental Protection Agency (EPA).
Calumet to buy gasoline, middle distillates producer Montana Refining
The deal should close in the 2012 fourth quarter. Montana Refining owns and operates a 9,800 bpd refinery in Great Falls, Montana. The refinery has a complexity rating of 9.3, with crude oil feedstocks sourced primarily from Canada. It produces gasoline, middle distillates and asphalt.
EIA raises 2012 price forecasts for crude oil, fuels
The Energy Information Administration projected the price of West Texas Intermediate crude, the US benchmark, will average $93.90/bbl in 2012, up from $92.83/bbl predicted in July. Retail gasoline prices were forecast to average $3.53/gal this year, up from $3.49/gal in the July estimate.
HP Insight: How long is an economic cycle for the HPI?
As summer takes hold in the Northern Hemisphere, demand for energy in various forms increases. In looking back over the past 90 years, energy demand and pricing cycle through high and low points. In 2..
HP Construction: North America
TWD Technologies has been selected by Great Lakes Biodiesel to build what is said to be Canada’s largest biodiesel plant. It is scheduled to be operational by the autumn of 2012.TWD is providing ..
HP Construction: Latin America
Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, has a contract from Exmar Group for engineering, procurement, construction, installation and commissioning (EPCIC) of what..
HP Construction: Europe
Haldor Topsøe has selected UOP LLC, a Honeywell company, to provide technology to purify hydrogen from a steam-reforming unit to be installed at the Antipinsky refinery in Tyumen, Russia. Honeywe..
Lukoil licenses UOP technology for petrochemicals, gasoline production in Russia
Lukoil will license an integrated suite of UOP technologies to produce high-quality gasoline blending components, propylene and other petrochemicals at its facility in Nizhny Novgorod, Russia. Russia is the third largest energy consumer in the world, and demand is growing due to higher economic activity.
Gasoline profits decline for European refiners amid weak demand - analysts
Massimo Vacca, head of investor relations at Italy's Saras, said the recent rise in crude prices and in gasoline stocks had contributed to the squeeze on refiners' profits. Profits on gasoline in Northwest Europe have nearly halved to $10.73/ton from $19.23/ton, the lowest level in over two months.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
