Industry Metrics: US gasoline cracking spreads climb to multi-year highs
2016 Archive

The US product market continued to reflect a surge in domestic gasoline demand, allowing gasoline cracking spreads to hit levels not seen in more than two years. European product market margins remain..

Buffett’s Berkshire Hathaway bets on US refiners as gasoline demand soars
2016 Archive

By DAN MURTAUGH, BRADLEY OLSON and NOAH BUHAYARBloombergWarren Buffett’s Berkshire Hathaway sees a green light at the intersection of low oil prices and record driving.In its most significant ene..

North America spearheads rise in LNG liquefaction growth: GlobalData
2016 Archive

Global LNG capacity would more than double from 341 mtpa in 2015 to 811 mtpa by 2019 based on proposed natural gas liquefaction projects, according to new figures from research and consulting firm Glo..

Industry Metrics: European refined product market finds sharply increasing margins
2016 Archive

Refinery utilization rates in the US, encouraged by the high driving season demand, continued to rise following the end of the heavy maintenance season. Regional demand in Asia continued lending suppo..

Operators increasingly turn to ‘plug and play’ industrial Ethernet solutions
2016 Archive

By ED SULLIVANHermosa Beach, CaliforniaThe recent oil spill in Santa Barbara, California, is yet another example of the need to monitor and control pipelines to prevent breaches that could endanger li..

Asia’s refining, petrochemical majors look to cut costs as Iran’s oil returns to market
2016 Archive

By HEESU LEE and DEBJIT CHAKRABORTYBloombergAsian oil buyers, already sucking in barrels from as far away as Alaska and Mexico, are anticipating more bargains when Iran finally returns to world market..

COLUMN: Should US raise the gasoline tax for consumers?
2016 Archive

By BARRY L. RITHOLTZBloombergTesla’s latest announcement was big. The electric carmaker said it planned a modification that would give its autos the ability to accelerate faster than cars that co..

Industry Metrics: US, Asian refiners find rising margins, demand in 2015
2016 Archive

US refineries are running at record levels and delaying their scheduled 2015 maintenance until 2016 to take advantage of very high margins and demand for refined products, including gasoline. In the A..

US ethanol advocates hope promotional E-15 use in NASCAR sways public opinion
2016 Archive

By MARIO PARKERBloombergJeff Broin’s silhouette shines in the glossy hood of the modified grass-green Chevrolet SS. It’s moments before the start of Nascar’s Quicken Loans 400 at Michig..

Industry Metrics: Crude pricing supports higher cracking margins in US, Europe
2016 Archive

US refinery utilization rates have returned to summer operating levels. Crude oil pricing supports higher cracking margins for gasoline in US and European markets. Asian margins fell as increasing sup..

GALLERY: Scenes from the 2015 International Refining and Petrochemical Conference
2016 Archive

NOTE: For live video coverage of IRPC discussions, follow Hydrocarbon Processing on Periscope. By Ben DuBoseOnline EditorABU DHABI -- The agenda for the 2015 International Refining and ..

COLUMN: Corn ethanol emits more carbon than Keystone XL would
2016 Archive

By ROBERT BRYCEBloombergFor years, environmental activists have opposed the Keystone XL pipeline, claiming that development of Canada’s oil sands will be “game over for the climate.” Bu..

Low crude oil prices, increased gasoline demand lead to high refiner margins
2016 Archive

Source: U.S. Energy Information Administration, from Bloomberg, Thomson ReutersPrincipal contributor: Rebecca GeorgeThe lowest crude oil prices in several years, robust US gasoline consumption and exp..

Industry Metrics: Global product markets, refinery margins show steady improvement
2016 Archive

Global product markets and refinery margins, particularly in the US, have seen steady improvement since January. Worldwide gasoline demand has soared in recent months in both OECD and non-OECD regions..

Industry leaders outline steps to ensure operational integrity in safety, security
2016 Archive

By Mike RhodesTechnical EditorDALLAS -- Test it, test it and test it again. This was the theme of Wednesday morning’s keynote address and opening session of Day 2 of Schneider Electric’s Glo..

Schneider Electric opens first global automation conference to focus on technology
2016 Archive

By Mike RhodesTechnical EditorDALLAS -- Schneider Electric opened its first annual Global Automation Conference (GAC) this week, bringing together over 500 experts, operators and key customers for fou..

Book review of John S. Mitchell’s “Operational Excellence”
2016 Archive

By Heinz P. BlochReliability/Equipment EditorBefore sinking his teeth into Operational Excellence (interchangeably called “OE” or “OPEX”), John S. Mitchell has known and taught Ass..

Industry Metrics: Lower crude prices support consumption in developed nations
2016 Archive

Compiled by Editors at HydrocarbonProcessing.comUS commercial crude oil inventories are at elevated levels and are expected to increase. Lower crude oil prices have supported consumption in developed ..

EIA studies economic, technical options for growing US light tight oil production
2016 Archive

By MIKE RHODESTechnical EditorThe US Energy Information Administration (EIA) has released a study that examines the economic and technical options for growing the production of light tight oil (LTO) w..

Industry experts share advice on how to improve maintenance, reliability programs
2016 Archive

Scheduled maintenance and turnarounds are opportunities to increase safety, reliability, environmental performance and profitability. By improving the mechanical integrity of processing equipment, HPI..

Survey: Best practices for operator effectiveness and collaboration
2016 Archive

ARC Advisory Group and Hydrocarbon Processing have launched a confidential web survey to help identify current best practices for operator effectiveness.Clearly, new IT-based technologies an..

Daily editions of the 2015 International Petrochemical Conference newspaper
2016 Archive

SAN ANTONIO, Texas -- Enclosed are both daily editions of the official event newspaper of AFPM's 2015 International Petrochemical Conference, held at the Grand Hyatt San Antonio.Day 2Day 1Pu..

Daily editions of the AFPM 2015 Annual Meeting official newspaper
2016 Archive

SAN ANTONIO -- Enclosed are digital copies of all three daily editions of the official conference newspaper of the AFPM 2015 Annual Meeting, held at the Marriott Rivercenter.Day 3Day 2Day 1P..

Industry Metrics: Global oil markets see temporary recovery to start year
2016 Archive

The global market is experiencing a potential temporary recovery from a prolonged decline, possibly followed by the continuation of the downtrend. This is reflected in continued growth in the US tight..

Founder of G2X Energy uncovers opportunities for shale gas through methanol
2016 Archive

By STEPHANY ROMANOWEditorHOUSTON -- “There is a bright future of methanol,” said Timothy Vail, CEO and founder of G2X Energy. As a keynote speaker at the recent Monetizing C1 Methane Feedsto..