In October 2016, the International Maritime Organization (IMO) announced that it will implement a new regulation that calls for the sulfur content in marine fuels to be reduced from 3.5% to 0.5%. The new regulation will go into effect in January 2020. This action by the IMO will have a profound impact on the maritime and refining industries worldwide, as well as on the environment. This month’s Business Trends section provides an overview on the anticipated impacts of the IMO’s decision on petroleum product markets.
According to OPEC’s World Oil Outlook 2016, desulfurization capacity additions represent the largest capacity increases among all process units to 2040. This trend is due to increased regulations on the amount of sulfur allowed in transportation fuels.
India is the seventh-largest country in the world by land mass. Urbanization is taking place at a rapid pace: According to the country’s 2011 census, more than 377 MM Indians live in nearly 8,000 towns and cities. This count represents more than 31% of the country’s total population.
Genoil Inc. has signed a $50-B letter of intent to develop oil fields and construct clean technology upgraders, refineries and pipelines in Russia.
DuPont MECS DynaWave technology has been selected for the installation of three custom-engineered scrubbing systems for sulfur dioxide removal at Petronas’ RAPID Project refinery in Pengerang, Southern Johor, Malaysia.
Adsorption is a well-known and simple separation technique finding application in water treatment, specialty chemicals production, gas separation and removal of trace impurities.
Hydrocarbon Processing continues its series on the global refining industry.
KBR, Inc. awarded Matrix North American Construction a project for construction services in connection with KBR's Tier 3 Ultra-Low-Sulfur Gasoline Relocation Project at Monroe Energy's Refinery in Trainer, Pa.
Dhar, P. K.,
Rao, G. S.,
Bennet, C.,
Rao, P. V. C.,
Choudary, N. V.,
Valavarasu, G., Corporate Research and Development Center, Hindustan Petroleum Corp. Ltd.;
Madhav, G. V.,
Naidu, A. T.,
SriGanesh, G., Visakhapatnam refinery, Hindustan Petroleum Corp. Ltd.
Global demand for middle distillates, especially diesel, is increasing.
As governments impose progressively stringent limits on the sulfur content of fuels, the refining industry and the hydrocarbon processing industry (HPI) are increasing their focus on sulfur removal to maximize profits from sulfur-rich oil and gas resources.