Refining

In 1H22, US exports of petroleum products averaged nearly 6 million bpd – the highest first-half-of-year exports in the EIA's Petroleum Supply Monthly data since 1981.

ROCKWOOL Technical Insulation has introduced its new insulation technology, which provides proven fire resistance to a plant's piping network.

ADNOC Refining, a JV between ADNOC, Eni and OMV, is set to complete the first phase of its waste heat recovery project at the General Utilities plant in Ruwais, Abu Dhabi, UAE.

According to a new report by the IEF and S&P Global, global oil refining capacity dropped for the first time in 20 years in 2020 and again in 2021, exacerbating tight markets and volatile prices for fuels such as gasoline and diesel.

The companies have started construction of one of the world’s first demonstration plants for large-scale electrically-heated steam cracker furnaces.

Leaders from Braskem and Shell Catalysts & Technologies (SC&T) met at Shell’s research centre in Amsterdam recently to participate in a technical exchange.

McDermott International has been awarded a FEED contract from Viva Energy Australia as part of its Geelong Refinery project.

According to GlobalData, Asia is expected to register the highest refinery FCCU capacity additions globally between 2022 and 2026, accounting for approximately 48% of the total capacity additions by 2026.

Asia is expected to register the highest refinery hydrotreater capacity additions globally between 2022 and 2026, accounting for approximately 39% of the total capacity additions by 2026, reports GlobalData.

Changes to both production and consumption of global liquid fuels have changed the EIA's forecast for balances between the two for the rest of 2022 and 2023. For most of 2021, more liquid fuels were consumed globally than produced.

Essar Oil UK has taken delivery of the first-ever hydrogen-powered furnace at its Stanlow site in Ellesmere Port, Cheshire, UK.

Baker Hughes has announced an agreement to acquire Quest Integrity, a subsidiary of Team Inc.

American Petroleum Institute (API) President and CEO Mike Sommers has issued a statement on the recent House passage of the Inflation Reduction Act.

Kpler has obtained the exclusive right to combine IIR Energy’s refinery data with its own flows and inventories data, to create a new benchmark for crude and refined product market analysis.

The House of Representatives is set to take up the Inflation Reduction Act of 2022 that covers tax, energy, climate and other issues that impact the refining and petrochemical industries. After careful review, AFPM opposes this legislation.