Mid August global downstream news
The latest downstream news from around the world.
Stay up to date with the latest industry news and updates.
Phillips 66 Bayway Refinery has sponsored the 80th Annual New Jersey State Finals of the Diamond Gloves Boxing Tournament.
According to EIA’s ‘This Week in Petroleum’, US gasoline and diesel fuel prices are down, while propane inventories have increased.
Fitch Ratings have said that natural gas prices are likely to be fixed in a static range over the next few years.
Shale gas development in Latin America has been inspired by the shale boom in the US: countries such as Argentina, Brazil and Venezuela will undoubtedly pursue opportunities to make shale production a viable and competitive option in the future.
An examination of EIA data indicates that there is a growing supply of crude to PADD 5 that is not explicitly accounted for by production, imports, or other transfers.
The latest downstream news from Asia and the Middle East.
The EPA last week issued its final rule for the 2013 Renewable Fuel Standard program year, setting a 6 million gal target for cellulosic biofuels use in 2013.
According to Bernstein Research, the rapid growth of renewable energy in the US will displace some gas from the country’s generation mix.
Chevron Phillips Chemical has received project permits from the EPA and TCEQ for its USGC Petrochemicals Project.
