Gasoline
HP Impact: BP’s energy outlook to 2030
Global energy demand will continue to grow over the next 20 years, albeit at a slowing annual rate, fueled by economic and population growth in non-OECD countries. Increased energy efficiency and stro..
HP Construction: North America
UOP LLC, a Honeywell company, will provide technology to produce propylene at Dow Chemical Co.’s production site in Texas. Dow Texas Operations will use Honeywell UOP C3 Oleflex technology in a n..
HP Construction: Europe
BASF will build a single-train 300,000 metric-tpy production plant for toluene diisocyanate (TDI) at its site in Ludwigshafen, Germany. It will also expand additional plants for TDI precursors by cons..
HP Construction: Middle East
Qatargas has signed an engineering, procurement and construction (EPC) contract with Samsung Engineering Ltd. for a diesel hydrotreater (DHT) unit that will treat 54,000 bpsd of diesel, from high-sulf..
HP Construction: Asia Pacific
Total is consolidating its positions in petrochemicals in Asia with a new expansion and upgrading project for the Daesan complex in South Korea, which the group owns with Samsung as part of the Samsun..
HP Innovations: HPInnovations
IVD vacuum vessel aids in corrosion prevention   Fig. 1. The IVD vacuum vessel   applies aluminum coatings for   corrosion protection.  Thermal processing systems manufac..
US sees lower 2011 oil use, becomes net exporter
US oil demand in all of 2011 dropped 1.8%, or by 345,000 bpd, from 2010 to a two-year low of 18.835 million bpd, government data released Wednesday show. US oil output climbed 7.4% to 5.877 million bpd, the highest level since 1999.
Obama defends energy policy, blames Middle East turmoil for rising US gasoline
President Barack Obama defended his energy policy from Republican attacks that he has not done enough to counter the recent run-up in gasoline prices. Obama said that more drilling will not bring down the price at the pump. In fact, the US is producing more oil than at any time in the last eight years, he said.
API says more US oil needed to cut gasoline costs
John Felmy, chief economist with the American Petroleum Institute (API) trade group, says the US must develop more of its own oil and natural gas and allow additional oil imports from Canada. "By far, the single biggest factor in today’s higher gasoline prices is the rising cost of crude oil," Felmy said.
US January petroleum demand falls from 2011 on lower heating oil use - API
Total petroleum deliveries (a measure of demand) fell 5.7% this January compared with January 2011 to just over 18 million bpd, according to monthly data from the American Petroleum Institute (API). The slide in heating fuel demand reflects January’s relatively warm temperatures, the group said.
- 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
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- Russia and India sign deal to build urea plant in Russia 12/5
