Gas processing

The latest downstream news from around the world.

The US Department of Energy as awarded funds to fossil energy research programs.

The latest downstream news from the Middle East and Asia.

Phillips 66 Bayway Refinery has sponsored the 80th Annual New Jersey State Finals of the Diamond Gloves Boxing Tournament.

According to EIA’s ‘This Week in Petroleum’, US gasoline and diesel fuel prices are down, while propane inventories have increased.

Fitch Ratings have said that natural gas prices are likely to be fixed in a static range over the next few years.

An examination of EIA data indicates that there is a growing supply of crude to PADD 5 that is not explicitly accounted for by production, imports, or other transfers.

The latest downstream news from Asia and the Middle East.

The EPA last week issued its final rule for the 2013 Renewable Fuel Standard program year, setting a 6 million gal target for cellulosic biofuels use in 2013.

According to Bernstein Research, the rapid growth of renewable energy in the US will displace some gas from the country’s generation mix.

Chevron Phillips Chemical has received project permits from the EPA and TCEQ for its USGC Petrochemicals Project.

The European Commission Institute for Reference Materials and Measurements has selected Intertek for gas oil stability testing at its BTC Laboratory in Spain.

Technip has been awarded a contract by National Cooperative Refinery Association (NCRA) for a hydrogen plant in Texas.

A GlobalData analyst has said that piracy will remain strong in the West African oil trade as long as the naval presence in the area remains low.

The AFPM and API have filed a joint petition to the EPA to lower the ethanol mandate to below 10% of gasoline demand for 2014.