Global Refining & Petrochemicals

Fuels & Processing
Margins & Economics
Fuels & Processing

Oil-Sands Upgrading Faces Crucial GHG Challenges: Part I

The Council of Canadian Academies recently issued a new report warning that growing oil-sands production is likely to result in sharp net increases in greenhouse gases (GHG)—unless governments impose a substantial price on carbon emissions and emissions-technology breakthroughs emerge.

Public Policy
Fuels & Processing

Dakota Prairie Refining Launches Diesel Sales

MDU Resources announced June 1 that the 20,000-barrel-per-day (bbl/d) MDU/Calumet Specialty Products Partners joint-venture “Dakota Prairie” refinery in North Dakota launched commercial sales of ultralow sulfur diesel on May 15.

Fuels & Processing

US Operators Display Downstream Dominance

About the only thing certain about the current oil market is that it will remain turbulent. Analyst perspectives vary significantly between those who believe the global supply overhang continues to be bolstered by Saudi Arabia, which would hinder upside momentum, and those who believe that declining U.S. production would work to producers’ advantage and lift prices.

Margins & Economics

Corral’s Preem 1Q-2015 Refining Margins Soar

Corral Petroleum recently announced that its 345,000-barrel-per-day (bbl/d) Preem refining subsidiary in Sweden saw first-quarter (1Q) 2015 refining margins almost triple year-on-year (y-o-y), to US$6.26 per barrel (bbl), up from $2.33/bbl in 1Q 2014.

Fuels & Processing
Margins & Economics
Electric Power

US EIA: EPA Clean Power Plan Favors Natural Gas

The U.S. Energy Information Administration (EIA) found in a May 26 analysis of the U.S. Environmental Protection Agency’s proposed “Clean Power Plan” for existing power plants that natural gas would be the big winner—and coal the big loser.