September 2009

Special Report: Refining Developments

Maximize liquid yield from extra heavy oil

Next-generation hydrocracking processes increase conversion of residues

Butler, G., Spencer, R., BP International Ltd.; Cook, B., Ring, Z., BP Products North America; Rupp, M., Schleiffer, A., BP Refining & Petrochemicals GmbH

  Environmental pressures, energy security, changing feedstocks and evolving product preferences will all play a part in transforming refining by 2030. By 2030, there will be more than 2.1 billion vehicles on the world's roads, compared with just 900 million today. Forecasts suggest that fuels derived from crude oil, chiefly gasoline and diesel, will continue to dominate the transportation-fuels market. So, refineries will continue to provide the largest market share of transportation fuels. Yet, the future of refining will be different for various regions. While the Organization for Economic Cooperation and Development (OECD) countries are expected to have shrinking fuel markets du

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