Chevron Reports Better 1Q 2012 Downstream Earnings

Refinery Tracker: Operations	May 17, 2012
Hart Energy Editors	E-mail

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Volume 4, Issue 7

Feature
Analysis: Latin America Providing an Outlet for U.S. Refining Industry
Market Focus
Valero Offered US$350 Million for Idled Aruba Refinery
US$600-Million Oil Storage Site Planned for St. James, La.
IEA: Global Oil Consumption to Hit 90 Million b/d in 2012
Revised Outlook on U.S. Gasoline Market Provided in New Report
Experts Explore Transportation, Petchems, LNG Exports to Promote Gas Demand
CCS Funding Stalls: Worldwatch Institute
Operations
Infineum Signs LOI to Build China Manufacturing Facility
PFB to Acquire NOVA Chemicals’ Styrenics Business
Foster Wheeler Inks Downstream Engineering Deal with Shell Global Solutions
Zelinski Joins KBR as President, Downstream
Chevron Reports Better 1Q 2012 Downstream Earnings
Phillips 66 to Double Fuel Exports in Next Two Years
Houma-to-Houston Reversal Open Season Deemed a Success
Caterpillar 1Q-2012 Profit Rises 29% Year-over-Year
Methanex to Relocate Chilean Plant to Louisiana
Marathon Considering Capline Pipeline Reversal
Chevron Phillips Chemical Selects Old Ocean, Texas, for New PE Facilities
Ecopetrol Profits Rise, but Refining Sector Losses Grow
Foster Wheeler Awarded Contracts in Abu Dhabi, Louisiana
Technology
Axens, Headwaters Tout Coal/Resid Co-Processing Scheme
Linde Touts Hydrogen-Reforming Scheme from Biodiesel Byproduct
Compliance Issues
CRC Study Finds E15 Damages Vehicle Engines
U.S. EPA Administrator’s Faux Pas Becomes Political Opportunity
API: Half of U.S. Refueling Stations Not Ready for E15
U.S. EPA Rejects Sulfur-Averaging Scheme for Marine Diesel ‘ECA’ Compliance
EU Commission Study on Crude Oil Carbon Intensity to Delay Fuel-Quality Directive
U.S. EPA Hits Green Diesel LLC on Biodiesel RIN Fraud Charges
Q&A
UOP: Renewable Diesel Making Inroads into Commercial Market
Project Updates
Caltex to Shut Kurnell Refinery in Australia
Gunvor Restarting Antwerp Refinery in Belgium
Fluor Wins Project Management for Reliance’s Refinery, Gasification Projects
Delta to Reopen Pa. Refinery by Labor Day - Report

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