Refining margins for sweet crudes are out-performing margins for sour crudes like Urals in Northwest Europe, Platts data shows, as lighter refined products have surged while heavier products have dropped. While cracking margins -- which ...
Tags: Sweet Crude, Gasoline
US ethanol stocks for the week ended April 18 moved up 566,000 barrels to a seven-week high of 16.518 million barrels, despite a production dip of 29,000 b/d to 910,000 b/d, Energy Information Administration data showed Wednesday. While ...
Tags: Ethanol, gasoline pool
Indian refining and petrochemical giant Reliance Industries Ltd. Friday reported a 7.9% year-on-year decline in its gross refining margin for the January-March quarter, to $9.30/barrel. However, the company showed an increase of 22.3% ...
Tags: refining, petrochemical, refined products
US ethanol stocks fell 455,000 barrels to 15.952 million barrels for the week ended April 11, while production rebounded 43,000 b/d to a four-month high of 939,000 b/d, data from the Energy Information Administration showed Wednesday. The ...
Tags: Ethanol, ethanol stocks
US Gulf Coast crude stocks climbed to their highest level on record in the week that ended Friday, hitting 200.3 million barrels, as growing pipeline capacity from Cushing, Oklahoma, sends barrels surging south, according to data released ...
Tags: Crude Stocks, pipeline capacity, refinery
An important partnership creating jobs and consolidating Quebec's energy supply Friday, Mar 21, 2014 MONTREAL, March 20, 2014 /CNW Telbec/ - Louis-Marie Beaulieu, Chairman of the Board and CEO of Groupe Desgagnés and Ross R. Bayus, ...
Tags: Transportation, Service, power
US East Coast ethanol stocks for the reporting week ended March 7 slumped 294,000 barrels to an all-time recorded low of 4.565 million barrels, Energy Information Administration data showed Wednesday. Overall US ethanol stocks slumped ...
Tags: Ethanol Stocks, gasoline, gasoline demand
China's alumina output is forecast to rise 13.8% year on year to 53.5 million mt in 2014, an analyst from state nonferrous information division Beijing Antaike said Friday. Realized alumina output totaled 47 million mt in 2013, according ...
Tags: Alumina Output, Mineral
China's top refiner, Sinopec Corp., has discovered a shale gas well located at a depth of 4,417 meters with maximum daily output of 105,000 cubic meters in southwest China, authorities said Wednesday. According to the Ministry of Land and ...
India's state-owned refiners, who have all posted net losses over the first nine months of fiscal year 2013-2014 (April-March), are expected to turn in a profit for the full year as the government is likely to fully compensate them for ...
Tags: Refiners, Full-Year Losses
Indian refiner Mangalore Refinery and Petrochemicals Ltd is close to completing the long-drawn-out third phase of its expansion project, which will see a new petroleum fluid catalytic cracker and delayed coker unit come onstream at its 15 ...
Tags: Refinery Expansion, Metallurgy
US refiner Phillips 66 will move forward with $3 billion plans to build a natural gas liquids fractionator and an LPG export terminal in Texas, the company said Friday. The 100,000 b/d "Sweeny Fractionator One" will be located in Old ...
Tags: LPG Export, refiner
Platts margins reflect the difference between a crude's netback and its spot price. Netbacks are based on crude yields, which are calculated by applying Platts product price assessments to yield formulas designed by Turner, Mason & Co. ...
Tags: Gas, Refining Margins
China, the world's fourth-largest natural gas consuming country, is stepping up efforts to boost its shale gas output, offering more favorable policies and a sound business environment to shale gas developers, a senior industry official ...
Tags: Shale Gas, Natural Gas
US Midwest ethanol stocks for the reporting week ended January 3 rose 249,000 barrels to 5.992 million barrels, the highest level in more than eight months, Energy Information Administration data showed Wednesday. Specifically, US Midwest ...