US margins recorded losses as crack spreads declined for all products except fuel oil, despite lower refinery crude intakes.
The Chinese refining industry is on the verge of massive production cuts and consolidation. A new tax rule aimed at curbing alleged tax evasion by independents and the end of an era of liberalization in the industry are driving the downsizing.
Refiners are becoming increasingly dependent on opportunity crudes to stay competitive and support margins in the industry’s present uncertain state.
Nagu, M.,
Al-Ajwad, H.,
Al-Jabran, A.,
Al-Malki, A.,
Shaik, K.,
Zhu, X., Saudi Aramco
The role of octane boosters on the corrosivity of petroleum products for gasoline/diesel engines has attracted more attention in the auto fuel market due to the depletion of fossil fuels in the world’s feedstock.
With the exception of fuel oil, US product markets showed losses against pressure from across the barrel and high crude oil prices.
Refiners are becoming increasingly dependent on opportunity crudes to stay competitive and enhance margins in the industry’s present uncertain state.
Hydrocarbon Processing, the downstream processing sector’s leading technical publication, has announced the finalists for its second annual awards.
Fuel is a necessary requirement of global economic development.
It is no surprise that electric vehicles (EVs) are getting a lot more attention, now that carmakers have announced plans to increase production of them.
East Africa developed coordinated fuel standards as early as January 2015.