- Public Policy
- U.S. Senate Blocks Energy Speculation Limits Bill
- U.S. EPA Suppresses Employee Research Challenging CO2 ‘Endangerment’
- Margins & Economics
- NYMEX Crude Closes Flat Wednesday
- Volatility Returns to Ethanol, Energy Markets
- Industry Analyst Downgrades Refining Business Rating
- South Africa to Continue Regulating Fuel Prices
- Brief: Sinopec Reports 2008 Refining Losses of US$16.7 Billion
- Fuels & Processing
- Using Gas Turbine Generators for Refinery Cogeneration in Europe
- Hydrocracking Survey
- Refinery Cogeneration in Europe
- Industry Analyst Downgrades Refining Business Rating
- IEA: OECD Gasoline Demand Down 2.9% in April
- Transportation & Logistics
- IBM Seeks to Build Better Battery
- Plug-in Electric Vehicle Sharing Program Starts in Baltimore
Fuels & Processing
-
Using Gas Turbine Generators for Refinery Cogeneration in Europe
Refinery cogeneration of electricity and steam continues to make modest gains in various regions. However, while the economics of cogeneration are justifiable from an engineering perspective, certain refiners should expect opposition to these cogenerations plants from external sources.
-
Hydrocracking Survey
A refinery survey on hydrocracking trends indicates most of the industry is planning on processing additional higher boiling refractory feedstock. Refiners hope to avoid unexpected surprises with regard to the amount of hydrogen consumption, compressor capacity and catalyst inventory requirements.
-
Refinery Cogeneration in Europe
Refinery cogeneration of electricity and steam continues to make modest gains in various regions. However, while the economics of cogeneration are justifiable from an engineering perspective, certain refiners should expect opposition to these cogenerations plants from external sources.
-
Industry Analyst Downgrades Refining Business Rating
Industry analyst downgrades business rating of several refiners to “perform” from “outperform.” High oil prices and weak demand may affect this rating will into next year.
-
IEA: OECD Gasoline Demand Down 2.9% in April
Gasoline demand in April among member nations of the Organization for Economic Cooperation and Development fell 2.9% year-on-year, to 14.45 million b/d, the International Energy Agency reported in its latest monthly oil market report.
Feature
-
-
House Will Pass ‘Cap and Trade’ Friday after Compromise with Farm-State Reps Tuesday Night
House Democratic leaders gave into farm –state representatives led by Rep. Collin Peterson (D-Minn.) on Tuesday and barred the Environmental Protection Agency from using indirect land use change as a metric when evaluating the greenhouse gas (GHG) emissions under the Renewable Fuels Standard as well as other issues. The move ensures the House will pass tomorrow or Saturday the “cap-and-trade” legislation designed to reduce U.S. GHG emissions by 85% by 2050.
Transportation & Logistics
-
IBM Seeks to Build Better Battery
An IBM research lab wants to develop a lithium-ion battery that will have an energy density ten times greater than that of batteries today.
-
Plug-in Electric Vehicle Sharing Program Starts in Baltimore
Motorists living in Baltimore will be able to rent the “Maya 300,” a plug-in electric vehicle produced by Canadian battery maker Electrovaya.
Margins & Economics
-
NYMEX Crude Closes Flat Wednesday
The closing crude price for August crude on the NYMEX yesterday was $68.67/bbl, down 57¢ from the previous day.
-
Volatility Returns to Ethanol, Energy Markets
Ethanol spot prices were down yesterday, giving evidence to the return of volatility in the marketplace.
-
Industry Analyst Downgrades Refining Business Rating
Industry analyst downgrades business rating of several refiners to “perform” from “outperform.” High oil prices and weak demand may affect this rating will into next year.
-
South Africa to Continue Regulating Fuel Prices
A government official with South Africa has reportedly said the country will continue to regulate fuel prices over the next five years.
-
Brief: Sinopec Reports 2008 Refining Losses of US$16.7 Billion
Sinopec Group determined its refining losses in 2008 were greater than what was first estimated.
Public Policy
-
U.S. Senate Blocks Energy Speculation Limits Bill
U.S. Sen. Bernie Sanders (I-Vt.) complained this week that Senate Republicans are thwarting efforts to hold a vote on legislation that aims to stop what he terms as “unreasonable” speculation in energy futures markets.
-
U.S. EPA Suppresses Employee Research Challenging CO2 ‘Endangerment’
Competitive Enterprise Institute has uncovered documents from a long-time Environmental Protection Agency researcher showing the agency suppressed information challenging the rationale for CO2 regulation.
