US firms step up imports of Venezuelan resid. 2017-02-22

According to data from the US Energy Information Administration (EIA), US imports of residual fuel from Venezuela have risen to 5.31MM bbl over...

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DAPL is a sure bet. 2017-02-27

On Feb. 13, a US district court denied a request by Native American groups for an injunction to temporarily halt the construction of the Dakota Access pipeline...

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Heavy crude OSPs jump into the New Year. 2017-01-16

Official Selling Prices (OSPs) for select heavy grades mostly rose in Jan., with Iranian Heavy and Iraq's Basra Heavy posting sharp rebounds. Arabian Heavy continued to gradually climb, while Mexican Maya slipped slightly, following a spike in Dec...

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New Products

Integration of Delayed Coker and Hydrocracker

In order to reduce fuel oil, natural gas, and fuel gas consumption along with a reduction in CO2 emissions, some refiners are...Read more

Futures prices

Prices below are settled prices at the end of yesterday or last trading day

Popular Articles:

Keystone XL: TransCanada may have a second thought. 2017-02-20

Syncrude output to fall amid maintenance. 2017-02-14

New pipeline to improve OK crude connectivity. 2017-02-13

Devon, MRO to increase shale investments this year. 2017-02-23

Growth spurts: Tight oil to plateau from mid-20s. 2017-02-22

Dakota Access gets green light. 2017-02-21

US coking, cracking margins continue downward in Nov. 2017-01-16

Coking and cracking margins fell in the Gulf Coast and Midcontinent regions in Nov., with the Midcon witnessing an ongoing rout. On the Gulf Coast, margins posted small-to-moderate declines, with coking showing the larger drops...

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White papers

Increased blending is both a blessing and a curse. Part 2

As discussed in Part 1 of this paper published earlier, declining crude prices encourage more spot purchases...

Market Insights

2017: Year of rebalancing and recovery

According to a report from Wood Mackenzie, "2016 will prove to be the low point in the investment cycle," with major producers turning cash flow positive next year provided crude prices above $55/bbl are sustained....Read more

Trends and Statistics

Major shale plays in the US

The table below shows the list of major shale plays in...Read more



Unit revamps
  • Gazprom Neft completes modernization of AR deep conversion complex. The Russian firm has announced that it has completed a RUB 6B ...More
  • L&T Oman wins EPC contract for Sohar coke facility. Larsen & Toubro Oman has announced that ...More
  • KBR to license ROSE technology to Shell refinery. Royal Dutch Shell will license a ROSE® ...more

New Products
  • Improve crude diet flexibility and increase your profits with the Baker Hughes Crude Oil Management™ approach—a proactive way to overcome the processing challenges of different crude blends. For more information, visit here

  • Baker Hughes' TOLAD™ cold-flow additives enhance the low-temperature handling properties of biofuels, petroleum fuels, residual oils, and crude oils. For more information, visit here

  • Maxxam Analytics' offers services to predict and measure viscosity of crude oil blends. For more information, visit here

  • XPLORER-NS analyzer by TE Instruments can measure simultaneously total sulfur and total nitrogen of refinery feedstock ranging from low ppb's to high ppm's, yet the analyzer is the smallest in today's market. For more information, visit here

  • Exova's expertise in oil pipeline corrosion testing helps operators identify variables ahead of the problems, e.g. construction materials, operating conditions, designs, fabrication, and of course, and crude sour levels. For more information, visit here