aop

MARGINS

Markets

IEA: refinery project cancellations likely after 2013

Agency notes that around 5.9mbpd of global refining capacity would have to be retired to bring utilisation rates back to the levels seen in 2006–2008.

GTForum key 11 May 2012

iea-logo
A ConocoPhillips facility
Company Data

ConocoPhillips’ refining, marketing operations see earnings of US$452m in 1Q12

Earnings from R&M operations drop by US$30 million (6.2%) on year.

GTForum key 23 Apr 2012

artcphoto3-stream-b
Catalysts & Additives

ARTC Day 1: catalyst and refining economics streams

GTForum continues its coverage of the first day of the ARTC 15th Annual Meeting with a summary of the catalysts, refining economics and technical...

GTForum key 28 Mar 2012

Old dog - new tricks
Refining

Refiners seek innovative tools for risk management

Battered by tight margins and volatile oil markets, refiners are exploring a range of innovative tools to contain costs and improve risk management. Alexander Osipovich...

GTForum key 12 Mar 2012

logo-alon
Company Data

Alon USA: no major turnarounds scheduled for 2012

All three Alon refineries expected to run at high rates this year. Company increasing use of WTI, renews US$240 million revolver through to 2016.

GTForum key 09 Mar 2012

oil-prices
Markets

Opec: light-sweet/heavy-sour differentials widen in February

Improving light-refined product crack and constrained light-sweet crude supply cited as factors.

GTForum key 09 Mar 2012

iea-logo
Markets

IEA cuts crude demand growth forecast for 2012 by 0.3mbpd

Agency now expects oil demand to grow by just 0.8mbpd, due to lower economic growth outlook.

GTForum key 10 Feb 2012

tankers-amsterdam
Markets

Refinery margins improving, fuel oil gaining strength from Asian demand – StanChart

Standard Chartered expects 4% growth in global passenger air travel, sees resilience for fuel oil and gas oil in the near term, cites low European fuel oil inventories....

GTForum key 01 Feb 2012

sines-galp-energia
Company Data

Galp Energia – crude runs up in 4Q11, oil product sales drop

Portugal's oil company sees 2.7% year-on-year drop in total refined oil product sales.

GTForum key 27 Jan 2012

2011-12-02-gtf-ob-tony-katona-final-7
Markets

Video: Low margins are here to stay for Europe’s refiners – MOL’s Katona

Mol’s integrated production excellence head, Antal László Katona, says refiners should not see the current low margin environment as a crisis.

GTForum key 18 Jan 2012 key Video

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Join over 100 cement producers, traders and investors at the inaugural conference taking place in Singapore. With Asia driving much...

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