Japan, a net importer of low sulfur fuel oil, exported more fuel oil in the week ended April 13 than it has in the last 20 months due to dwindling demand for the product from the country's utility companies, data released Wednesday by the ...
Tags: LSFO Exports, Chemicals
GE has introduced a new corrosion protection technology specifically designed for refinery boiler and steam condensate systems. GE’s Steamate™ low salt amine (LSA) product series offers enhanced steam-side corrosion protection ...
European benzene's premium to naphtha has topped the $450/mt mark for the first time since the start of February, as naphtha languishes at multi-month lows and benzene rises despite seemingly weak fundamentals. The benzene-naphtha spread ...
Tags: NWE, Benzene-Naphtha, Chemicals
Russia's export of ESPO Blend crude loading from Kozmino port is fixed at 19 cargoes in May, the highest monthly figure since exports of the grade began in December 2009 and up from 17 in April. The increase is in line with the completion ...
Tags: Metallurgy, Mineral, Energy, oil
Soap manufacturing processes in large scale industries require continuous fat addition and removal of unwanted products, whereas in small scale industrial soap manufacturing process the batch process is followed. But to manufacture good ...
Tags: Soap Plant, Soap manufacturing processes, Laundry Soap Plant
Ratings agency Moody's expects US refiners to increase investments in renewables blending and infrastructure if federal renewables targets are not lowered. "In the absence of any EPA waivers to meeting the renewable fuel requirements, we ...
Japanese refiner Idemitsu Kosan has nominated the April paraxylene Asian Contract Price at $1,600/mt CFR, sources close to the negotiations said Friday. There are four PX ACP sellers in Asia -- ExxonMobil, Idemitsu Kosan, Japan's JX ...
The time spread for gasoil swaps in Singapore narrowed 15 cents/barrel day on day to a seven-week low of plus 3 cents/b for April/May Wednesday, because of low regional gasoil demand and concerns over increased exports from China and India, ...
Tags: Chemicals, Metallurgy, Mineral, Energy
Prices for renewable fuel credits cracked the $1 barrier Friday and RBOB prices settled sharply higher as the war of words over who is to blame for skyrocketing credits prices also escalated. The price for the traded Renewable ...
Tags: renewable fuel, skyrocketing credits prices, RBOB price
Large US refiner Valero Energy sees Louisiana and California as among the destinations that will be served by its recent order of 5,320 new rail cars to move discounted inland crudes across the US, the company's chief operating officer said ...
Tags: Valero Energy, crudes, inland crudes
US Atlantic Coast motor gasoline stocks rose 651,000 barrels to 60.463 million barrels in the week that ended Friday, which is the highest level in nearly a year, according to US Energy Information Administration data released Wednesday. ...
Tags: US Atlantic Coast, gasoline, energy
China's oil and gas companies could lift their total overseas equity production to 3 million b/d by 2015, the executive director of the International Energy Agency said Tuesday. "Chinese national oil companies are present everywhere in ...
Tags: oil, gas, overseas equity
The UAE's Abu Dhabi National Oil Co will shift its April 2013-March 2014 naphtha term cycle forward by a month, changing it to a May 2013-April 2014 term cycle instead, Asian naphtha trade sources said Friday. Should the term be ...
Tags: UAE, Adnoc, naphtha trade
Market sentiment was aided by news that China's Citic Resources was taking a big stake in Alumina. The benchmark S&P/ASX 200 closed up 0.7 per cent at 5036.9. This year it is up 8.3 per cent after rising 15 per cent in 2012. Trading value ...
Tags: Citic Resources, Alumina, stock market
Japan's JX Nippon Oil & Energy sold a total 44.04 million kiloliters, or 1.01 million b/d, of oil products in the domestic market over April-December 2012, up 5.3% year on year, JX Holdings, the parent company of the largest Japanese ...