Global Refining & Fuels

Fuels & Processing
Fuels & Processing

N. Korea Plant May Fuel Chemical Weapons Effort

A new study from Johns Hopkins University raises questions about whether recent expansion of North Korea’s gasification-based “Namhung Youth Chemical Complex” is at least partly aimed at upgrading the production of chemical weapons.

Public Policy

Red Leaf Progressing With Oil-Shale Permit Battles

Utah-based Red Leaf Resources—developer of the novel “Ecosphere” technology for relatively low-impact extraction of kerogen from oil shale—continues to make progress on obtaining permits to launch a commercial demonstration project aimed at producing more than 300,000 barrels of unconventional oil.

Transportation & Logistics
Transportation & Logistics

Automakers Replacing Steel with Aluminum

Ford Motor Co.’s pioneering decision this year to replace relatively heavy steel with lightweight aluminum in its hugely popular F-150 pickup-truck bodies is now seen likely to be replicated widely – thanks to upcoming U.S. Environmental Protection Agency (EPA) and National Highway Traffic Safety Administration (NHTSA) fuel-economy and carbon dioxide (CO2) rules through 2025.

Fuels & Processing
Prices

U.S. Oil Futures Tally 2.6% Weekly Gain; Natgas Ends Lower

NYMEX-traded crude oil futures advanced nearly 2.5% last week, lifted by geopolitical tensions in Ukraine, a standoff over oil ports between the Libyan government and rebels, a reduced 2014 production forecast by the U.S. Energy Information Administration (EIA) and a fall in U.S. jobless claims.

Fuels & Processing

Debate Continues on U.S. Crude-Export Ban

The word cyclical is tossed around a lot in the energy industry, primarily focusing on the up and down nature of the oil and gas markets as well as the different types of capital—private and public—being  invested into the sector. These markets tend to rise and fall on a regular basis.

Transportation & Logistics
Electric Power

Siemens Joins Organic Rankine Cycle Parade

Siemens announced April 10 that it’s expanding its product portfolio to include an Organic Rankine cycle (ORC) module that “enables owners/operators of industrial plants to generate power from waste heat with temperatures of around 300° Celsius.”