Refining
HP Boxscore Construction Analysis: Vietnam: Reversing the tide of refined imports
Vietnam is developing six large-scale refinery projects with the potential to add 1.36 MMbpd of new domestic refining capacity at a total cost of over $50 B. This would reverse the country’s status from a net importer of refined products to a net exporter by 2020.
HP News
EPA: GHG emissions from refineries increase 1.6% in 2013The US Environmental Protection Agency (EPA) has released its fourth year of GHG data, with over 8,000 large facilities reporting 2013 emissions..
HP Industry Metrics
Mid–October crude oil prices slumped as the International Energy Agency (IEA) announced a slight increase in global oil demand by 700 Mbpd. In contrast, oil production is forecast to increase by ..
Phillips 66, Energy Transfer to transport Bakken crudes to US refiners
Phillips 66 has formed a JV to help Energy Transfer Partners build a pipeline that will transport 450,000 bpd of North Dakota Bakken crude oil to the Midwest.
REG begins production, sales of renewable diesel at Louisiana biorefinery
The first truckloads of REG-9000/RHD produced at the 75-million gallon nameplate biorefinery since REG acquired it in June left the plant October 23. The advanced biofuel from REG Geismar, located south of Baton Rouge, meets or exceeds ASTM D975 specifications.
REG finishes upgrades to Iowa biodiesel refinery
Renewable Energy Group has completed upgrades to its 30-million gallon biorefinery in Mason City, Iowa, which allows the plant to produce biodiesel from a wide variety of raw materials.
Venezuela to expand refining capacity by 20%
As part of a $20-billion investment, PDVSA’s refining chief Jesus Luongo announced that the present refining capacity of 1.3 MMbpd will be increased by 265 Mbpd.
ExxonMobil awards EPC work to Foster Wheeler to upgrade Antwerp refinery
Esso moves forward with resid upgrade and new delayed coking project
DuPont, Ethanol Europe to develop Macedonia cellulosic biorefinery
This collaboration agreement brings together three critical components for the preparation of detailed feasibility studies for a commercial-scale 2G ethanol plant to supply the European market.
2015 global downstream spending projected to jump to all-time high
The HPI's total capital, maintenance & operating budgets are expected to exceed $324 B in 2015, representing an all-time high. Global announced project spending is also up.
- Indonesia allocates 15.65 MM kiloliters of biodiesel for 2026 12/23
- Egypt, Qatar's Al Mana Holding sign $200-MM SAF deal 12/23
- China's teapots boost Russian ESPO buying amid record discounts 12/23
- Bahrain's BAPCO sends first diesel cargo to Australia in 2.5 yrs 12/23
- Asia oil floating storage seen declining on lower exports, China buying 12/23
- Gazprom in talks with Hungary's MOL over NIS stake sale 12/23
