IHS CERAWeek: Strong global petrochemicals demand fuels optimism for Chevron Phillips
2016 Archive

By Ben DuBoseDigital EditorHOUSTON -- Operating within the challenge and uncertainty of the current energy environment, Chevron Phillips Chemical’s executive vice president Mark Lashier outl..

As US shale sinks, pipeline fight sends woes downstream
2016 Archive

By Tom HalsWILMINGTON, Del., Feb 22 (Reuters) -- Within weeks, two low-profile legal disputes may determine whether an unprecedented wave of bankruptcies expected to hit US oil and gas producers this ..

ARC Strategy Forum navigates an industry in transition
2016 Archive

By Mike RhodesManaging EditorORLANDO, Florida -- The ARC Strategy Forum opened Monday in Orlando, bringing together industry leaders to discuss how companies are beginning to move beyond the computer-..

Industry Metrics: US gasoil crack spread tumbles to multi-year low
2016 Archive

US product markets weakened despite unseasonably strong gasoline demand, and the gasoil crack spread hit the lowest level seen in more than five years, under pressure from increasing supplies amid thi..

VIDEO: Safety investigators explain findings of probe into West Fertilizer explosion
2016 Archive

By Ben DuBoseDigital EditorThe US Chemical Safety Board (CSB) today released a safety video into the fatal April 17, 2013, fire and explosion at the West Fertilizer Co. in West, Texas, which resulted ..

Russia strengthens position as crude supplier to Chinese refiners
2016 Archive

By Chen AizhuBEIJING, Jan 26 (Reuters) - Russia beat out Saudi Arabia as China's top crude oil supplier for the fourth month in 2015 in December due to robust demand from independent Chinese refiners ..

Industry Metrics: Asian, European margins rise on higher gasoline, distillates demand
2016 Archive

Asian margins showed a strong recovery due to higher winter heating fuel demand, supporting middle distillate crack spreads. US product markets strengthened slightly, despite supply-side pressure with..

Meet the downstream Chinese newcomers staking a claim to global oil trading
2016 Archive

By WINNIE ZHU, SERENE CHEONG, JING YANG and SARAH CHENBloombergChina is forecast to overtake the US as the world’s biggest crude importer in 2016, and that’s largely thanks to a group of buy..

Weak oil markets prompt Saudi leaders to make quicker decisions
2016 Archive

By BEN HOLLANDBloombergSaudi Arabia, one of the most tradition-bound societies on the planet, where family structure and tribal patriarchy differ little from a century ago, is suddenly in a hurry. It ..

US to export light, sweet crudes to Europe as US Gulf refiners target heavier grades
2016 Archive

By SHEELA TOBBENBloombergThe days of empty oil tankers leaving the Houston Ship Channel are over.Now that the US has ended crude export restrictions after 40 years, tankers bringing crude oil to Houst..

Former US energy secretary: OPEC grip, surging gas to shape markets in 2016
2016 Archive

By Adrienne BlumeExecutive EditorHOUSTON -- During a breakfast presentation of The Economist's 30th global forecastissue on December 9, Executive Editor of TheEconomist, Daniel Franklin, invited Spenc..

WINNERS: Top HPI projects of 2015
2016 Archive

The global hydrocarbon processing industry continues to expand and modernize to efficiently meet growing demand for energy, transportation fuels and petrochemicals. Presently, Hydrocarbon Process..

Industry Metrics: Global refining margins fall amid expectations of mild winter
2016 Archive

Global refinery margins fell due to the expectations of a mild winter and an oversupply environment. Asian margins lost momentum despite tightening sentiment fueled by the peak of the maintenance seas..

US crude-by-rail industry slows as big refiners seek longer-term deals
2016 Archive

By MATTHEW PHILIPSBloombergIt’s been several months since an oil train accident grabbed big headlines—but not because there haven’t been any. A single weekend in November saw two trains..

API, America's Natural Gas Alliance trade groups to merge in 2016
2016 Archive

Following the approval of both boards of directors, the American Petroleum Institute (API) and America's Natural Gas Alliance (ANGA) have announced that the two organizations will combine into a singl..

Industry Metrics: US gasoline crack spread tumbles amid higher inventories
2016 Archive

A sharp drop in the gasoline crack spread following the end of the US driving season and increasing inventories caused refinery margins to fall. Asian margins have been strengthened by the onset of th..

POLL: Top Project Awards of 2015
2016 Archive

Using the Construction Boxscore database, HP editors identified 11 projects with high impacts on the global or regional downstream industry and demonstrating innovative processing and/or con..

Daily editions of the Gastech 2015 official conference newspaper
2016 Archive

SINGAPORE -- Here is Day 4 of the official newspaper for the Gastech 2015 Conference & Exhibition.The newspapers were published by Hydrocarbon Processing, Gas Processing ..

Honeywell hunts for bigger acquisitions after $5.1B deal for metering giant Elster
2016 Archive

By THOMAS BLACKBloombergHoneywell International is looking at acquisitions larger than the $5.1 billion it paid for Elster as it makes headway on a program that targets deals spending of about twice t..

COLUMN: Saudi Arabia targets downstream deals in China to control supply chain
2016 Archive

By DAVID FICKLINGBloombergSaudi Arabia has traditionally had a lock on Asian oil markets. In Japan, Korea and Taiwan, the kingdom’s barrels make up about one third of crude oil imports.In China, ..

Industry Metrics: Strong gasoline demand lifts US refinery utilization rates
2016 Archive

High US refinery utilization rates have continued, encouraged by strong gasoline demand amid lower crude prices. Asian product markets recovered slightly, supported by strong regional demand and the u..

Industry Metrics: Strong gasoline demand lifts US refinery utilization rates (1)
2016 Archive

High US refinery utilization rates have continued, encouraged by strong gasoline demand amid lower crude prices. Asian product markets recovered slightly, supported by strong regional demand and the u..

Daily editions of the AFPM 2015 Q&A and Technology Forum official newspaper
2016 Archive

NEW ORLEANS -- Here is Day 3 of the official newspaper of the AFPM 2015 Q&A and Technology Forum. The prior Day 2 and Day 1 editions can also be accessed.&..

Smuggled Venezuelan gasoline fuels Guyana’s economy
2016 Archive

By ANDREW ROSATIBloombergVenezuelan President Nicolas Maduro has deployed thousands of soldiers, shuttered large swaths of his country’s border with Colombia and deported hundreds of migrants in ..

COLUMN: Despite export debate, does anyone even want to buy crude from the US?
2016 Archive

By MARK SHENK and SHEELA TOBBENBloombergGiven current prices, does anyone even want to buy crude oil from the US?After the House Energy and Commerce Committee voted to end a four-decade ban on most oi..