Hydrocarbon Processing
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Since 1922, management and technical professionals from petroleum refining, gas processing, petrochemical/chemical and engineer/constructor companies throughout the world have turned to Hydrocarbon Processing for high quality technical and operating information. Through its monthly magazine, website and e-newsletters, Hydrocarbon Processing covers technological advances, processes and optimization developments from throughout the global Hydrocarbon Processing Industry (HPI). Hydrocarbon Processing editors and writers provide real-world case studies and practical information that readers can use to improve their companies’ operations and their own professional job skills. Source
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| Scope | National, Trade/B2B |
|---|---|
| Language | English |
| Country | United States of America |
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| Frequency | Monthly |
Recent Articles
Search ArticlesUkrainian attack shuts Russia's Orsk refinery for months, causing fuel problems
An oil refinery in the Russian city of Orsk that was hit by a Ukrainian drone strike two days ago has been forced to shut down completely, and repairs could take up to six months, the regional governor said on Thursday, warning of disruption for motorists. "Shrapnel damaged key infrastructure that cannot currently be repaired. The equipment is imported, and due to sanctions, repairs could take up to six months.
ORLEN certified for biofuel component production at Plock refinery
‘The KZR INiG certification confirms ORLEN’s readiness to further expand the production of biofuel components from renewable feedstocks. By using our existing refinery units, we can increase the share of renewable components in fuels while preparing to meet the requirements of the RED III Directive. This is an important part of the energy transition and of developing a domestic feedstock base for the biofuels sector,’ said Grzegorz Jóźwiak, Executive Director for Biofuels and Hydrogen at ORLEN.
ORLEN Group advances regional energy transition as solar PV farm at Mažeikiai refinery comes online
The ORLEN Group has brought a solar PV farm at its Mažeikiai refinery online. The 42.2 MW facility is expected to generate about 45 GWh of electricity a year for ORLEN Lietuva, helping to cut the refinery’s operating costs and increase the share of renewables in the Group’s asset portfolio. Białystok-based Electrum delivered the project, bringing Polish expertise to an investment that strengthens the refinery’s energy security.
Turkey lifts special consumption tax on diesel until September
Turkey lifts special consumption tax on diesel until September 8/13/2026 12:00:00 PM Turkey will remove a special consumption tax on diesel until the end of August, with a presidential decree published in the Official Gazette. According to the decree, on September 1 the diesel tax will be reinstated, rising incrementally by 3 Turkish lira ($0.0628) each month until it reaches 13.9006 lira per litre on January 1, the same level as before the removal.
Poland to reintroduce some measures to lower fuel prices
Polish Prime Minister Donald Tusk said that the government plans to reintroduce some measures to lower fuel prices in the last two weeks of August. As well as reducing the VAT on fuel to 8% from 23%, he said the energy minister would announce maximum prices for fuel daily in the period from August 17 to August 31. "We have decided to reinstate a significant part of the CPN (lower fuel prices) program," Tusk told reporters.
Dow, X-Energy to receive $1 B in U.S. DOE funding for nuclear power project at Seadrift
The CEO of X-energy, a company trying to build next-generation small nuclear power plants, said that his company has been told by the U.S. Department of Energy that it will receive another $1 B in public funding for a project in Texas with Dow Inc. Total public funding since 2021 for the project with Dow in Seadrift, Texas, will be up to $2.15 billion, CEO Clay Sell said in an earnings call.
Madagascar imports diesel cargo to address energy emergency
Madagascar's government has imported a shipment of diesel to help ease energy supply disruptions triggered by the Iran war, but it has angered a group of private companies by bypassing them under a new system where the state imports fuel directly. The diesel cargo arrived on Wednesday. The chief executive of the state entity entrusted with overseeing fuel imports told media the volume was 63,000 cubic meters and the fuel came from Asia, negotiated with Nigeria's Sahara Group.
The U.S. says more oil is leaving the Middle East, but is it really?
Just how much crude oil is leaving the Strait of Hormuz? U.S. Energy Secretary Chris Wright claims almost nine million barrels per day, but the companies that track vessel movements say at best it is about half this volume. The amount of crude leaving the Middle East via the narrow chokepoint matters, as it's this oil that goes to Asia, the top energy-consuming region that has been hardest hit by the fallout since the U.S. and Israel attacked Iran on February 28.
Top U.S. refiners see profits soar, step up investor rewards
Top refiners post combined second-quarter profit of $12.6 billion Capital returns to shareholders hit $6.3 billion in second quarter TD Cowen sees Marathon and Valero each repurchasing about 20% of market value Top U.S. fuel makers boosted returns to shareholders in the second quarter as prolonged disruptions to crude supplies through the Strait of Hormuz sent fuel prices and refining margins surging.
Diesel prices overtake jet fuel in Europe as global shortage widens
Russian diesel ban adds to global shortage Europe's jet fuel imports soar, diesel imports drop Jet cargoes trade at a discount to gasoil futures Diesel cargoes are costing more than jet fuel in Europe for the first time in more than a year, LSEG data showed, as the continent replaces lower Middle East air fuel shipments with other sources of supply, but struggles to secure more diesel for industry and agriculture.