According to multiple industry reports, the global refining sector will add between 7 MMbpd and 8 MMbpd of new crude distillation unit (CDU) capacity by the early 2020s.
Hydrocarbon Processing, the downstream processing sector’s leading technical publication, has announced the winners for its second annual awards.
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.
Hydrocarbon Processing, the downstream processing sector’s leading technical publication, has announced the finalists for its second annual awards.
The refining industry is challenged every day to optimize product slates that comply with market demand, product specifications, environmental regulations and refining-petrochemical integration, all while remaining profitable.
Although the refining industry is expected to add more than 7 MMbpd of new distillation capacity by the early 2020s, the global refining industry will witness a boost in secondary processing capacity, as well.
In late 2016, the difference between US average retail prices for premium and regular gasoline reached 50 cents/gal. This price spread has been generally expanding since 2000, and the rate at which the spread has grown has accelerated over the past 3 yr. Many factors on both the supply and demand sides are likely influencing this trend.
The global hydrocarbon processing industry (HPI) continues to expand and modernize to efficiently meet growing demand for energy, transportation fuels and petrochemicals.
Within the refining industry, gasoline production and alkylation capacity are running at near all-time highs.