refining PEMEX S business unit dedicated to the REFINING of crude oil

Size: px
Start display at page:

Download "refining PEMEX S business unit dedicated to the REFINING of crude oil"

Transcription

1 refining REFINERY PRODUCTION (thousands barrels per day) 2002 Gasolines 398 Fuel Oil 450 Diesel 267 Jet Fuel 57 DOMESTIC SALE (thousands barrels per day) 2002 Gasolines 566 Fuel Oil 406 Diesel 271 Jet Fuel 53 PEMEX S business unit dedicated to the REFINING of crude oil is responsible for the production, distribution and marketing of fuels and other petroleum products. Its position in the value chain of the oil industry is fundamental: it contributes to the economic development of the country by strengthening the internal market and its competitive capacity. The expansion of the Company s industrial infrastructure also contributes to economic growth. The strategic initiatives set forth by Pemex Refinación to achieve its objectives are the following: To enhance operating efficiency To improve the supply and quality of fuels To integrate the supply and distribution chains To modernize sales and marketing To increase labor productivity To care for environmental and occupational health To facilitate the planning of investments To streamline administrative infrastructure To strengthen management systems. p. 20,21 ANNUAL REPORT 2002

2 The Company has six refineries with a primary processing capacity of 1.54 million barrels per day. The refineries have an aggregate crude oil storage capacity of 13.9 million barrels. The Company operates crude oil and products pipeline system nearly 14.2 thousand kilometers in length. Crude oil lines cover some 5.3 thousand kilometers while product lines extend nearly 8.9 thousand kilometers. There are 77 product distribution terminals. There are 19 large tankers, 92 smaller vessels and a dry dock. For ground transportation the Company operates its own fleet of 1,255 tank truck and 525 railcars; in addition, there are 2,685 tank truck under lease. Of the 5,555 franchised service stations in Mexico that carry the Pemex brand, 55 belong to the Company. Reconfiguration of the refinery system The evolution of the world market for petroleum products and the greater competition among participants has led not only to an increase in the complexity of the refineries but to a lowering of operating margins and a greater volatility in prices. In this context, as of several years ago, Pemex Refinación Company began a program of multiannual investments with the aim of reconfiguring its nationwide refining system and improving operating margins. In this way, and in view of the international environment, the Company is looking for the most efficient way to maintain its leadership position in the market and to capture a greater number of niche opportunities that market conditions permit. In relation to fuel quality, the tendency in the industry worldwide is toward the reduction of contaminants emitted from mobile and stationary sources of combustion. In 2002 Pemex Refinación continued its efforts to offer fuels that meet the specifications of international standards. In relation to fuels for automobile use, specifically gasoline, international trends are toward the lowering of the contents of aromatics, olefins and sulfur. The goal is to reduce the atmospheric contamination in urban areas by ozone, particulates and toxic waste. The efforts of the Company to improve fuels has led to the result that, at present, the components of Mexican gasoline are equivalent except for sulfur content to those sold in markets in the United States and Europe. In relation to diesel, the international market is looking for an optimal range of components: trends point to an increase in the cetane index while lowering the level of aromatics and sulfur. These specifications comply with the technological and environmental requirements of new diesel-fueled vehicles that operate in the United States and Europe. The situation in Mexico is radically different, given that diesel quality is superior than the international average. In relation to industrial fuels in particular, fuel oil, with its high level of emissions of contaminants the international trend has been to substitute fuel oil by natural gas and to eliminate its use entirely in

3 Pemex Refinación is deeply engaged in the process of expanding the capacity of its plants and upgrading the quality of its fuels. By year the end of 2002, the unit had reconfigured its refineries at Madero, Cadereyta, Tula and Salamanca. urban areas. Fuel oil would be restricted to electric power generation and industrial use. Crude oil processing and refined products Investment in the country s petroleum industry has been increased in order to achieve a greater supply of products of national origin as well as to capture export opportunities. The purpose of reconfiguring the Company s national refining system is to achieve these goals: Redesign the refineries to accept a new slate of crudes characterized by an increased use of heavy crude oil, Produce refined products that meet rigorous environmental standards. As is well known, the hydrocarbon endowment of Mexico is strongly inclined toward heavy crudes. In view of this fact over the past decade the Company has worked to reconfigure and modernize its refinery system with the purpose of favoring this grade of crude oil. Since 2001, this program has continued with additional and complementary investments intended to increase the utilization index of installed capacity as well as to increase the volume and quality of fuels. A parallel goal is to reduce the negative balance of the Company s exports. In 2002, the Company s refineries processed 1.2 million barrels per day of crude oil, a volume slightly below that observed in The mix of crude oil that was processed had the following composition: light oils (65.7%), heavy oils (27.7%), superlight oil (0.9%) and the remainder of reconstituted crude and other currents. Two refineries alone, Salina Cruz, on the Pacific Coast, and Tula, in the Central Highlands, accounted for 47.1% of the total volume of crude oil processed in The capacity utilization index for atmospheric distillation was 82.4%. The production of refined products (and excluding those processed abroad) was 1.3 million barrels per day, a volume slightly higher than that obtained in The increase was due to a greater output of gasoline and fuel oil, which occurred simultaneously with a decrease in the production of diesel. The total volume of refined products obtained from processing abroad (known as maquila in Mexico) was thousand barrels per day. Products processed abroad included (in thousand barrels per day) gasoline and its components (94.5), diesel (10.0), fuel oil (1.2), jet fuel (0.947) and isobutane (1.2). Distribution and sales In 2002, some 73.7 billion tons-kilometer of crude oil and refined products were shipped by the Company s transportation system: pipelines (61.8%), marine transportation (34.6%), tank cars (3.6%) and the rest by rail cars. Total shipments were 2.2% less than those of 2001, owing to the reconfigurations of the refineries of Cadereyta and Madero, which resulted in larger volumes sent by tanker. The contraction of the domestic market corresponded to the slow economic recovery of the country. The final three quarters of 2002 the Mexican economy, measured by GDP, showed dynamic growth; nevertheless, the weak performance of the first quarter lowered the overall economic growth rate for the year to 0.9% in real terms. The area of the economy that was most affected was the industrial sector, which performed poorly in domestic and international markets. In 2002, the sale of petroleum products declined by 60.5 thousand barrels per day, a reduction of 4.4% change in comparison with Gasoline. Despite an overall decline in the internal market, sales of gasoline reached an average of thousand barrels per day, a level 2.6% p. 22,23 ANNUAL REPORT 2002

4 higher higher than than that that of of This This market market behavior is explained by the increase in sales of the Company s premium-grade gasoline, the demand for which increased by 19.7%. This grade of gasoline was preferred by customers despite the prevailing unfavorable conditions in the Mexican economy. Diesel. The sale of diesel was thousand barrels per day, a volume lower than that reported for the previous year. Of this amount, 84.2% was Pemex Diesel, which showed a positive growth rate. With these sales an objective was achieved of placing in the market a greater volume of fuels of high environmental quality. The product with the most dramatic decline in sales was marine diesel, which declined on account of the government s pricing policies. Jet fuel. During 2002, jet fuel sales dropped to 53.3 thousand barrels per day, some 3.7% less than that reported in the previous year. Airports that registered an increase in the sale of jet fuel included Monterrey, Toluca and San José del Cabo. Fuel oil. During 2002 the sale of fuel oil fell to thousand barrels per day, its lowest level since 1995 and 68.8 thousand barrels per day, or 14.5%, lower than that reported for This result reflected the reduced demand for fuel oil by the electric sector. Investment The Company s investment funds in 2002 were oriented towards improving the operating efficiency of the refinery system, increasing the throughput of heavy crudes and expanding the capacity of the refineries to produce high-quality fuels. The modernization of the Cadereyta refinery stands out: the total processing capacity of the refinery will be increased, including a new coker which will expand the capacity of the refinery to process heavy crude oil. At the same time, a similar reconfiguration project was begin in the refinery at Ciudad Madero, and other programs differing in size and complexity were launched in the refineries at Salamanca and Tula. Total capital expenditures in 2002 were 14.3 billion pesos. from this amount, 63.2% were spent on the reconfiguration of the refineries at Madero and Tula as well as on the change in the configuration of the refinery at Cadereyta. The Cadereyta project began operation at the end of 2000, and in 2002 it was responsible for an increase in the production of gasoline by 11 thousand barrels per day. Investments carried out in the Madero, Salamanca and Tula refineries led to the following results:

5 Madero. By October 2002 ten plants had been constructed as well as the expansion and modernization of additional seven plants, each integrated with its own auxiliary services. Salamanca. A naphtha desulfurization unit, a reformer and a fractionator were constructed and put into operation. Also constructed were auxiliary services and advanced controls. Tula. A gasoil desulfurization unit was completed, as well as a butane isomerization plant and the modernization of two fractionating towers. These facilities were equipped with auxiliary services and control systems. The remainder of the investment funds were allocated to the following areas: Improvement of the gasoline pool of gasolines at the Madero refinery Environmental Quality Program, specifically the butane isomerization plant and residuals desulfurization unit, Pipeline expansion, notably the extension of the supply of distillates for the Yucatan peninsula, Capitalized maintenance and procurement, Safety and environmental protection, Research and development. Safety and environmental protection Industrial safety. In 2002 the accident rates (scaled to million man-hours worked) reversed their downward tendency. The frequency index in this year was 1.10, a level 59.4% higher than that reported in The severity index for the year was 138 days lost, compared to 85 for the previous year. These results arose from an accident with multiple injuries at the Tula refinery in January, as well serious accidents in April, September and October, with a fatality in each of these months. In relation to audits of industrial safety and environmental protection, in 2002 there were 33 programmed activities. There were nine audits of industrial safety, 18 follow-up visits, two visits related to international reinsurance in the Tula and Salamanca refineries, and four visits to work centers, again with representatives of international reinsurance companies, at refineries located at Tula, Minatitlan, Ciudad Madero and Salamanca. At the end of the 2002 there were 87 environmental audits that had been concluded. The Company had been awarded 100 certifications of ISO 9000 and eight of ISO Environmental protection. In relation to environmental protection, total emissions by the Company in 2002 were 6.9% less than those reported in the previous year, and water discharges were 37.4% less. The Company consumes vast quantities of water, and with the end of making the most efficient use of this resource there are water treatment plants at each of its six refineries. In addition, there are sewage water treatment plants at the refineries of Salamanca, Minatitlan and Salina Cruz. An important reduction in the amount of water discharges was achieved in 2002, equivalent to some 24.2 million cubic meters in It was possible to avoid the discharge of nearly one thousand tons of contaminants in bodies of water. The primary use of water was reduced, achieving a savings of 139 million liters per day. Quality Assurance. As part of its program to improve the quality of fuels, the Company contracted the Mexican Petroleum Institute (IMP) to carry out a Quality Monitoring Program (Progasol). This program permitted the identification and correction of variations from the specifications established in different regions of the country for Pemex s Magna and Premium grades of gasoline. In 2002, by means of a random sampling technique, some 527 samples of Magna and 472 samples of Premium gasoline were tested, in all covering the universe of all six refineries, 80% of the storage and distribution terminals, 10% of the service stations as well as other facilities and channels of distribution. The survey showed that the octane index of the premium-grade gasoline at the Minatitlan and Cadereyta refineries had an average value of 92.5, below the specification of p. 24,25 ANNUAL REPORT 2002

6

The Case for Mexico to Improve Vehicle Fuel Efficiency

The Case for Mexico to Improve Vehicle Fuel Efficiency The Case for Mexico to Improve Vehicle Fuel Efficiency Feng An Energy and Transportation Technologies LLC Katherine Blumberg International Council on Clean Transportation Workshop on Sustainable Transport

More information

PEMEX REFINACIÓN thousand barrels daily

PEMEX REFINACIÓN thousand barrels daily PEMEX REFINACIÓN 2004 Atmospheric distillation capacity 1 540 Refinery runs 1 303 Refinery production 1 361 Domestic sales of refined products 1 390 Number of refineries 6 Wholesale storage 77 Service

More information

Implications Across the Supply Chain. Prepared for Sustainableshipping Conference San Francisco 30 September 2009

Implications Across the Supply Chain. Prepared for Sustainableshipping Conference San Francisco 30 September 2009 Implications Across the Supply Chain Prepared for Sustainableshipping Conference San Francisco 30 September 2009 Agenda Residual Markets & Quality Refinery Bunker Production Supply & Pricing 2 World marine

More information

Oil & Gas. From exploration to distribution. Week 3 V19 Refining Processes (Part 1) Jean-Luc Monsavoir. W3V19 - Refining Processes1 p.

Oil & Gas. From exploration to distribution. Week 3 V19 Refining Processes (Part 1) Jean-Luc Monsavoir. W3V19 - Refining Processes1 p. Oil & Gas From exploration to distribution Week 3 V19 Refining Processes (Part 1) Jean-Luc Monsavoir W3V19 - Refining Processes1 p. 1 Crude Oil Origins and Composition The objective of refining, petrochemical

More information

End-user average public prices of selected refined products. Domestic sales of refined products by region. Volume of domestic sales

End-user average public prices of selected refined products. Domestic sales of refined products by region. Volume of domestic sales Refining Refining capacity Refining production Production by refinery Value of domestic sales Volume of domestic sales Domestic sales of refined products by region End-user average public prices of selected

More information

Aligning Midstream and Downstream Activities to Take Advantage of the Energy Reform

Aligning Midstream and Downstream Activities to Take Advantage of the Energy Reform Aligning Midstream and Downstream Activities to Take Advantage of the Energy Reform PEMEX Investor Day New York December 4, 2015 ALEJANDRO MARTINEZ SIBAJA General Director, Pemex Industrial Transformation

More information

On-Line Process Analyzers: Potential Uses and Applications

On-Line Process Analyzers: Potential Uses and Applications On-Line Process Analyzers: Potential Uses and Applications INTRODUCTION The purpose of this report is to provide ideas for application of Precision Scientific process analyzers in petroleum refineries.

More information

THE OIL & GAS SUPPLY CHAIN: FROM THE GROUND TO THE PUMP ON REFINING

THE OIL & GAS SUPPLY CHAIN: FROM THE GROUND TO THE PUMP ON REFINING THE OIL & GAS SUPPLY CHAIN: FROM THE GROUND TO THE PUMP ON REFINING J. Mike Brown, Ph.D. Senior Vice President Technology BASICS OF REFINERY OPERATIONS Supply and Demand Where Does The Crude Oil Come From?

More information

Monthly Petroleum Statistics

Monthly Petroleum Statistics AUGUST 2015 Vol. XXVII No. 8 Monthly Petroleum Statistics SUBDIECCIÓN DE DESEMPEÑO DEL NEGOCIO AV. MAINA NACIONAL 329 GEENCIA DE INDICADOES OPEATIVOS Y DEL NEGOCIO PISO 31 TOE EJECUTIVA 11311 MÉXICO D.

More information

Energy Security of APEC Economies in a Changing Downstream Oil Environment

Energy Security of APEC Economies in a Changing Downstream Oil Environment IEEJ Feb. 2018 4th APEC OGSN Forum on 7 March 2018 Session2-2 Energy Security of APEC Economies in a Changing Downstream Oil Environment Takashi MATSUMOTO and Ichiro KUTANI Manager, Global Energy Group

More information

Challenges and Opportunities in Managing CO 2 in Petroleum Refining

Challenges and Opportunities in Managing CO 2 in Petroleum Refining Challenges and Opportunities in Managing CO 2 in Petroleum Refining Theresa J. Hochhalter ExxonMobil Research & Engineering Fairfax, VA GCEP Workshop on Carbon Management in Manufacturing Industries STANFORD

More information

OCTANE THE NEW ECONOMICS OF. What Drives the Cost of Octane and Why Octane Costs Have Risen Since 2012 T. J. HIGGINS. A Report By:

OCTANE THE NEW ECONOMICS OF. What Drives the Cost of Octane and Why Octane Costs Have Risen Since 2012 T. J. HIGGINS. A Report By: THE NEW ECONOMICS OF OCTANE What Drives the Cost of Octane and Why Octane Costs Have Risen Since 2012 A Report By: T. J. HIGGINS Contents Foreword... 1 1. Executive Summary... 2 2. Tracking the Changing

More information

North American Energy Roundtable: Panel 1

North American Energy Roundtable: Panel 1 University of Nevada, Las Vegas Digital Scholarship@UNLV North American Energy Roundtable North American Energy Roundtable Mar 27th, 8:45 AM - 10:00 AM North American Energy Roundtable: Panel 1 Ricardo

More information

Operating Refineries in a High Cost Environment. Options for RFS Compliance. March 20, Baker & O Brien, Inc. All rights reserved.

Operating Refineries in a High Cost Environment. Options for RFS Compliance. March 20, Baker & O Brien, Inc. All rights reserved. Operating Refineries in a High Cost Environment Options for RFS Compliance March 2, 217 Baker & O Brien, Inc. All rights reserved. Discussion Points Introduction Renewable Fuels Standard (RFS) Overview

More information

White Paper.

White Paper. The Advantage of Real Atmospheric Distillation Complying with the ASTM D7345 Test Method in the Distillation Process Introduction / Background In the past, refiners enjoyed a constant supply of the same

More information

OUTLINING STORAGE REGIONALLY IN AFRICA How much is sufficient and well-linked storage key to security of supply and competitive pricing?

OUTLINING STORAGE REGIONALLY IN AFRICA How much is sufficient and well-linked storage key to security of supply and competitive pricing? Platts African Refining Summit 2014 OUTLINING STORAGE REGIONALLY IN AFRICA How much is sufficient and well-linked storage key to security of supply and competitive pricing? - by Gabriel Ogbechie, Managing

More information

Modernization of Libyan Oil Refineries and Petrochemical Plants

Modernization of Libyan Oil Refineries and Petrochemical Plants Modernization of Libyan Oil Refineries and Petrochemical Plants Presentation Contents 1. Introduction 2. Challenges Facing the Existing Libyan Oil refineries and Petrochemical Plants. 3. Refining and Petrochemical

More information

Fuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Issue 20, Volume 8

Fuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Issue 20, Volume 8 Fuel Focus Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices Issue 20, Volume 8 October 18, 2013 Copies of this publication may be obtained free of charge from: Natural Resources

More information

CHEMSYSTEMS. Report Abstract. Petrochemical Market Dynamics Feedstocks

CHEMSYSTEMS. Report Abstract. Petrochemical Market Dynamics Feedstocks CHEMSYSTEMS PPE PROGRAM Report Abstract Petrochemical Market Dynamics Feedstocks Petrochemical feedstocks industry overview, crude oil, natural gas, coal, biological hydrocarbons, olefins, aromatics, methane

More information

Pakistan Refining Industry An Overview

Pakistan Refining Industry An Overview Pakistan Refining Industry An Overview October 2016 Oil World Crude Oil Reserves Largely sustained level of reserves Largest Region Contributes 47% (2014: 47.2%) Global proven oil reserves in 2015 fell

More information

Potential Environmental and Economic Benefit s of Higher-Oct ane Gasoline

Potential Environmental and Economic Benefit s of Higher-Oct ane Gasoline Potential Environmental and Economic Benefit s of Higher-Oct ane Gasoline Raymond Speth, Eric Chow, Robert Malina, Steven Barrett, J ohn Heywood, W illiam Green CRC W orkshop, Argonne National Laboratory

More information

Refinery Maze Student Guide

Refinery Maze Student Guide Refinery Maze Student Guide Petroleum Refining Student Text Distillation In its crude form, petroleum is of little use to us. To make it into products we know and use, petroleum must be refined or separated

More information

DANIEL LEUCKX. Recent and proposed legislative developments. PLATTS, Middle Distillates 4 th Annual Conference. Policy Executive, EUROPIA

DANIEL LEUCKX. Recent and proposed legislative developments. PLATTS, Middle Distillates 4 th Annual Conference. Policy Executive, EUROPIA DANIEL LEUCKX Policy Executive, EUROPIA Recent and proposed legislative developments PLATTS, Middle Distillates 4 th Annual Conference Agenda 1) About EUROPIA & CONCAWE 2) Recent and proposed legislative

More information

PETRÓLEOS MEXICANOS 3_ PEMEX Anuario Estadístico 2005

PETRÓLEOS MEXICANOS 3_ PEMEX Anuario Estadístico 2005 PETRÓLEOS MEXICANOS 3_PEMEX Anuario Estaístico 2005 SUMMARY OF OPERATING STATISTICS Change 2004 over 2003 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 (%) Prouction (thousan barrels aily) Liqui

More information

Middle East DownStream Weak May 2013 ABU DHABI, UAE

Middle East DownStream Weak May 2013 ABU DHABI, UAE Middle East DownStream Weak 12 15 May 2013 ABU DHABI, UAE Libyan Oil Refineries and Petrochemical plants: Present and Future Plans AZZAWIYA TRIPOLI BANGHAZI TOBRUK RASLANUF BREGA SARIR SABHA REFINERIES

More information

Canada s Refining Industry Sector Performance Report

Canada s Refining Industry Sector Performance Report Canada s Refining Industry 217 Sector Performance Report The Canadian Fuels Association represents the industry that produces, distributes and markets petroleum products in Canada including 95 percent

More information

Study on Relative CO2 Savings Comparing Ethanol and TAEE as a Gasoline Component

Study on Relative CO2 Savings Comparing Ethanol and TAEE as a Gasoline Component Study on Relative CO2 Savings Comparing Ethanol and TAEE as a Gasoline Component Submitted by: Hart Energy Consulting Hart Energy Consulting 1616 S. Voss, Suite 1000 Houston, Texas 77057, USA Terrence

More information

U.S. Rail Crude Oil Traffic

U.S. Rail Crude Oil Traffic U.S. Rail Crude Oil Traffic Association of American Railroads November 215 Summary U.S. crude oil production has risen sharply in recent years, with much of the increased output moving by rail. In 28,

More information

MERTC 23 rd 24 th January, 2017 Manama, Kingdom of Bahrain

MERTC 23 rd 24 th January, 2017 Manama, Kingdom of Bahrain Future Challenges and Needs of the Refining Industry MERTC 23 rd 24 th January, 2017 Manama, Kingdom of Bahrain Dr. Dawood Nassif Board Director, BAPCO D. Nassif MRTC, January, 2017 Refiner s Challenges

More information

Environmental Expenditures. by the U.S. Oil and Natural Gas Industry

Environmental Expenditures. by the U.S. Oil and Natural Gas Industry Environmental Expenditures by the U.S. Oil and Natural Gas Industry 990 207 The industry has spent $,045 on the environment for every man, woman and child in the United States. About This Report Expenditures

More information

1H 2003 Financial Results (US GAAP)

1H 2003 Financial Results (US GAAP) 1H 2003 Financial Results (US GAAP) October 2003 Crude Oil Production Growth bpd 1.52 1.50 1.48 1.46 1.44 1.42 1.40 Jan- 03 Daily crude production Feb- 03 Mar- 03 Apr- 03 May- 03 Jun- 03 Crude oil production*

More information

Regional Energy Trade and Refining Industry in Northeast Asia

Regional Energy Trade and Refining Industry in Northeast Asia 15 th Northeast Asia Economic Forum 5-7 September 2006, Khabarovsk Russia Regional Energy Trade and Refining Industry in Northeast Asia Kensuke Kanekiyo Managing Director The Institute of Energy Economics,

More information

CONTENTS 1 INTRODUCTION SUMMARY 2-1 TECHNICAL ASPECTS 2-1 ECONOMIC ASPECTS 2-2

CONTENTS 1 INTRODUCTION SUMMARY 2-1 TECHNICAL ASPECTS 2-1 ECONOMIC ASPECTS 2-2 CONTENTS GLOSSARY xxiii 1 INTRODUCTION 1-1 2 SUMMARY 2-1 TECHNICAL ASPECTS 2-1 ECONOMIC ASPECTS 2-2 3 INDUSTRY STATUS 3-1 TRENDS IN TRANSPORTATION FUEL DEMAND 3-3 TRENDS IN ENVIRONMENTAL REGULATION 3-3

More information

VTTI. Storage Markets : Our Perspective. StocExpo Europe March Onur Capan: Market Intelligence

VTTI. Storage Markets : Our Perspective. StocExpo Europe March Onur Capan: Market Intelligence VTTI Storage Markets : Our Perspective Onur Capan: Market Intelligence StocExpo Europe March 2017 VTTI track record at its 10 th anniversary VTTI has grown in 10 years to be one of the largest global independent

More information

Financial Results 4 th Quarter, 2007

Financial Results 4 th Quarter, 2007 February 29, 2008 Financial Results 4 th Quarter, 2007 1/32 Content 2007 Operating and Financial Highlights 4Q07 Main Highlights Upstream Downstream International Trade Financial Results Other Relevant

More information

Facts and Figures. October 2006 List Release Special Edition BWC National Benefits and Related Facts October, 2006 (Previous Versions Obsolete)

Facts and Figures. October 2006 List Release Special Edition BWC National Benefits and Related Facts October, 2006 (Previous Versions Obsolete) Facts and Figures Date October 2006 List Release Special Edition BWC National Benefits and Related Facts October, 2006 (Previous Versions Obsolete) Best Workplaces for Commuters - Environmental and Energy

More information

New Ultra Low Sulfur Diesel fuel and new engines and vehicles with advanced emissions control systems offer significant air quality improvement.

New Ultra Low Sulfur Diesel fuel and new engines and vehicles with advanced emissions control systems offer significant air quality improvement. New Ultra Low Sulfur Diesel fuel and new engines and vehicles with advanced emissions control systems offer significant air quality improvement. The U.S. Environmental Protection Agency (EPA) has issued

More information

Changes to America s Gasoline Pool. Charles Kemp. May 17, Baker & O Brien, Inc. All rights reserved.

Changes to America s Gasoline Pool. Charles Kemp. May 17, Baker & O Brien, Inc. All rights reserved. Changes to America s Gasoline Pool Charles Kemp May 17, 2016 Baker & O Brien, Inc. All rights reserved. Discussion Points Light Naphtha Definitions Sources and Uses of Light Naphtha Octane Challenges Tier

More information

NATIONAL REPORT: SPAIN. At 31/12/2015

NATIONAL REPORT: SPAIN. At 31/12/2015 NATIONAL REPORT: SPAIN At 31/12/2015 Network length Spain is the European country with the longer high capacity road network, reaching 16,705 km. Nevertheless, only 3,404 km out of the total are toll motorways

More information

The Case for. Business. investment. in Public Transportation

The Case for. Business. investment. in Public Transportation The Case for Business investment in Public Transportation Introduction Public transportation is an enterprise with expenditure of $55 billion in the United States. There has been a steady growth trend

More information

California s Petroleum Infrastructure Overview and Import Projections

California s Petroleum Infrastructure Overview and Import Projections California s Petroleum Infrastructure Overview and Import Projections Port of Los Angeles Harbor Commission Meeting San Pedro, CA February 1, 2007 Gordon Schremp Fuels and Transportation Division California

More information

Vol. 42 No. 5 Published June 21, 2018 May 2018

Vol. 42 No. 5 Published June 21, 2018 May 2018 Vol. No. 5 Published June 1, 018 May 018 EXECUTIVE SUMMARY Some headlines are timeless: The Washington Capitals, after years of frustration, win the Stanley Cup The Capitals Stanley Cup championship was

More information

Downstream Petroleum Sector The Growing Prominence of Asian Refining

Downstream Petroleum Sector The Growing Prominence of Asian Refining Downstream Petroleum Sector The Growing Prominence of Asian Refining Mr. Fahad Al-Dihani Deputy CEO,MAA Refinery, Kuwait National Petroleum Company-Kuwait Outline.. Global refining trends Kuwait s Position

More information

ASPHALT SUPPLY IN A VOLATILE OIL WORLD. Bill Haverland ConocoPhillips Company

ASPHALT SUPPLY IN A VOLATILE OIL WORLD. Bill Haverland ConocoPhillips Company ASPHALT SUPPLY IN A VOLATILE OIL WORLD Bill Haverland ConocoPhillips Company Issues to be Discussed Crude Oil Supply Crude Oil Pricing Refining Capacity Products Supply Products Pricing Future of the Industry

More information

AN ECONOMIC ASSESSMENT OF THE INTERNATIONAL MARITIME ORGANIZATION SULPHUR REGULATIONS

AN ECONOMIC ASSESSMENT OF THE INTERNATIONAL MARITIME ORGANIZATION SULPHUR REGULATIONS Study No. 175 CANADIAN ENERGY RESEARCH INSTITUTE AN ECONOMIC ASSESSMENT OF THE INTERNATIONAL MARITIME ORGANIZATION SULPHUR REGULATIONS ON MARKETS FOR CANADIAN CRUDE OIL Canadian Energy Research Institute

More information

Operational eco-efficiency in Refineries

Operational eco-efficiency in Refineries Operational eco-efficiency in Refineries CONTENTS BACKGROUND 3 STRATEGIC APPROACH 3 RELEVANCE TO STAKEHOLDERS 4 ACTIONS AND MEASURES 5 RESULTS ACHIEVED 5 RESULTS ACHIEVED 5 ECONOMIC IMPACTS 7 SOCIAL IMPACTS

More information

TOWARDS LOW SULPHUR FUELS ECOWAS/ARA ROADMAP

TOWARDS LOW SULPHUR FUELS ECOWAS/ARA ROADMAP TOWARDS LOW SULPHUR FUELS - ECOWAS/ARA ROADMAP Engr Tony Ogbuigwe ECOWAS Regional Advisor to African Refiners Association Accra, Ghana 31 st October 2016 Presentation outline World refining environment

More information

Maximizing Refinery Margins by Petrochemical Integration

Maximizing Refinery Margins by Petrochemical Integration Topic Maximizing Refinery Margins by Petrochemical Integration Presented by : Rajeev Singh Global Demand for Refined Products 29% 29% 29% 29% 30% 30% 33% 10% 10% 10% 9% 8% 8% 7% 7% 7% 7% 7% 7% 7% 22% 22%

More information

Downstream & Chemicals

Downstream & Chemicals Downstream & Chemicals Mark Nelson Executive Vice President Downstream & chemicals portfolio Fuels refining & marketing Focused, regional optimization Petrochemicals Advantaged feed, scale and technology

More information

opportunities and costs to upgrade the quality of automotive diesel fuel

opportunities and costs to upgrade the quality of automotive diesel fuel GOGiIGaWG report no. 88/52 opportunities and costs to upgrade the quality of automotive diesel fuel Prepared by CONCAWE Automotive Emissions Management Group's Special Task Force on Refinery Processes

More information

PCE154. Refinery Process and Products. H.H. Sheikh Sultan Tower (0) Floor Corniche Street Abu Dhabi U.A.E

PCE154. Refinery Process and Products. H.H. Sheikh Sultan Tower (0) Floor Corniche Street Abu Dhabi U.A.E PCE154 Refinery Process and Products H.H. Sheikh Sultan Tower (0) Floor Corniche Street Abu Dhabi U.A.E www.ictd.ae ictd@ictd.ae Course Introduction: To provide broad technical information on refining

More information

Challenges to Ethanol Blending in the Southeast

Challenges to Ethanol Blending in the Southeast Challenges to Ethanol Blending in the Southeast EPRINC EIA Roundtable Washington, D.C. April 15, 2008 Daniel H. Moenter Manager, State Government Affairs Marathon Oil Corporation Upstream In business since

More information

U.S. Ethanol Ready For The World Market

U.S. Ethanol Ready For The World Market U.S. Ethanol Ready For The World Market The United States has plenty of ethanol and is ready and willing to meet foreign market needs. As the U.S. Grains Council (USGC) works with its industry partners

More information

Ethanol and the Economics of Octane The Superior Solution

Ethanol and the Economics of Octane The Superior Solution Ethanol and the Economics of Octane The Superior Solution Geoff Cooper Renewable Fuels Association October 20, 2017 Today s Presentation What is octane and why is it important? Options for boosting octane

More information

The Role of a New FCC Gasoline Three-Cut Splitter in Transformation of Crude Oil Hydrocarbons in CRC

The Role of a New FCC Gasoline Three-Cut Splitter in Transformation of Crude Oil Hydrocarbons in CRC 8 The Role of a New FCC Gasoline Three-Cut Splitter in Transformation of Crude Oil Hydrocarbons in CRC Hugo Kittel, Ph.D., Strategy and Long Term Technical Development Manager tel. +0 7 80, e-mail hugo.kittel@crc.cz

More information

Refineries, Product Market and Capacity Expansion Opportunities and Outlook in India- 2018

Refineries, Product Market and Capacity Expansion Opportunities and Outlook in India- 2018 Refineries, Product Market and Capacity Expansion Opportunities and Outlook in India- 2018 Examining the market expansion trends for petrochemical industry in India and the scope of business E-REP Market

More information

Ultra Low Sulfur Diesel Update Tim Keaveney

Ultra Low Sulfur Diesel Update Tim Keaveney A Workshop on Reducing Emissions from Diesel Engines April 7, 2008 Doing More Ultra Low Sulfur Diesel Update Tim Keaveney An Company Agenda Introduction to Sprague ULSD supply update ULSD supply considerations

More information

Maximize Vacuum Residue Conversion and Processing Flexibility with the UOP Uniflex Process

Maximize Vacuum Residue Conversion and Processing Flexibility with the UOP Uniflex Process Maximize Vacuum Residue Conversion and Processing Flexibility with the UOP Uniflex Process Hans Lefebvre UOP LLC, A Honeywell Company XVIII Foro de Avances de la Industria de la Refinación 11 and 12, July,

More information

Methodology and specifications guide China Oil Analytics

Methodology and specifications guide China Oil Analytics Methodology and specifications guide China Oil Analytics Latest update: March 2018 Scope of service 2 Contact us 2 Frequency of publication 2 Frequency of data updates 2 Data and analysis sources 2 Forecasting

More information

Challenges to Ethanol Blending in the Southeast

Challenges to Ethanol Blending in the Southeast Challenges to Ethanol Blending in the Southeast Agricultural Outlook Forum 2008 Arlington Virginia February 22, 2008 Daniel H. Moenter Manager, State Government Affairs Marathon Oil Corporation Upstream

More information

Technical and Economic Analysis of the Transition to Ultra-Low Sulfur Fuels in Brazil, China, India and Mexico Prepared for:

Technical and Economic Analysis of the Transition to Ultra-Low Sulfur Fuels in Brazil, China, India and Mexico Prepared for: Technical and Economic Analysis of the Transition to Ultra-Low Sulfur Fuels in Brazil, China, India and Mexico Prepared for: by Hart Energy and MathPro Inc. October 2012 TABLE OF CONTENTS 1.0 Executive

More information

PROCESS ECONOMICS PROGRAM SRI INTERNATIONAL Menlo Park, California

PROCESS ECONOMICS PROGRAM SRI INTERNATIONAL Menlo Park, California PROCESS ECONOMICS PROGRAM SRI INTERNATIONAL Menlo Park, California Abstract Process Economics Program Report No. 169 REFINERY/CHEMICALS INTERFACE (January 1985) Demand for most major refinery products

More information

Methodology. Supply. Demand

Methodology. Supply. Demand Methodology Supply Demand Tipping the Scale 1 Overview Latin America and the Caribbean, a major petroleum product importing region, provides an important counterbalance to surpluses in refined product

More information

U.S. Rail Crude Oil Traffic

U.S. Rail Crude Oil Traffic U.S. Rail Crude Oil Traffic Association of American Railroads May 217 Summary U.S. crude oil production has risen sharply in recent years, with much of the increased output moving by rail. In 28, U.S.

More information

COMMERCIALISATION OF UGANDA S OIL AND GAS SECTOR: REFINERY AND ATTENDANT INFRASTRUCTURE DEVELOPMENT

COMMERCIALISATION OF UGANDA S OIL AND GAS SECTOR: REFINERY AND ATTENDANT INFRASTRUCTURE DEVELOPMENT MINISTRY OF ENERGY AND MINERAL DEVELOPMENT COMMERCIALISATION OF UGANDA S OIL AND GAS SECTOR: REFINERY AND ATTENDANT INFRASTRUCTURE DEVELOPMENT Dr. Stephen Robert Isabalija PERMANENT SECRETARY 13 th -15

More information

Downstream & Chemicals

Downstream & Chemicals Downstream & Chemicals Pierre Breber Executive Vice President Profitable downstream & chemicals portfolio Fuels refining & marketing Focused, regional optimization Petrochemicals Advantaged feed, scale

More information

IHS CHEMICAL Light Hydrocarbon and Light Naphtha Utilization. Process Economics Program Report 297. Light Hydrocarbon and Light Naphtha Utilization

IHS CHEMICAL Light Hydrocarbon and Light Naphtha Utilization. Process Economics Program Report 297. Light Hydrocarbon and Light Naphtha Utilization ` IHS CHEMICAL Light Hydrocarbon and Light Naphtha Utilization Process Economics Program Report 297 September 2016 ihs.com PEP Report 297 Light Hydrocarbon and Light Naphtha Utilization Girish Ballal Principal

More information

Residual Fuel Market Issues

Residual Fuel Market Issues Residual Fuel Market Issues 26 February 2009 Kurt Barrow Crude Oil Quality Group Meeting Long Beach, CA Agenda Trends In Residue Demand IMO Bunker Regulations Implications for Shipping and Refining Industry

More information

REFINING SOLUTIONS IN A CHANGING WORLD RFG, RFS, SULFUR, BENZENE, TIER 3 AND BEYOND

REFINING SOLUTIONS IN A CHANGING WORLD RFG, RFS, SULFUR, BENZENE, TIER 3 AND BEYOND REFINING SOLUTIONS IN A CHANGING WORLD RFG, RFS, SULFUR, BENZENE, TIER 3 AND BEYOND Thomas R. Hogan, P.E. Senior Vice President January 22, 2015 Turner, Mason & Company Privately held established 1971

More information

EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, FRIDAY, MARCH 25, 2016

EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, FRIDAY, MARCH 25, 2016 NEWS RELEASE EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, FRIDAY, MARCH 25, 2016 GDP: Lisa Mataloni (202) 606-5304 gdpniwd@bea.gov Profits: Kate Pinard (202) 606-5564 cpniwd@bea.gov News Media: Jeannine Aversa

More information

Global Auto Components Market Report

Global Auto Components Market Report Global Auto Components Market Report ----------------------------------------- 2015 Executive Summary The automotive components industry accounts for a significant share of the total production of the

More information

IMPACTS OF THE IMO SULPHUR REGULATIONS ON THE CANADIAN CRUDE OIL MARKET

IMPACTS OF THE IMO SULPHUR REGULATIONS ON THE CANADIAN CRUDE OIL MARKET IMPACTS OF THE IMO SULPHUR REGULATIONS ON THE CANADIAN CRUDE OIL MARKET CERI Breakfast Overview Allan Fogwill, CEO Canadian Energy Research Institute November 2018 Overview Canadian Energy Research Institute

More information

Argentina: Hydrocarbons Sector facing the challenge of recovering production and reserves

Argentina: Hydrocarbons Sector facing the challenge of recovering production and reserves Argentina: Hydrocarbons Sector facing the challenge of recovering production and reserves Oil: oversupply persists... with some surprises Non-OPEC supply High-cost well production falls. The number of

More information

B A K E R & O B R I E N

B A K E R & O B R I E N B A K E R & O B R I E N I N C O R P O R A T E D Q3 : U. S. Refining Margins Remain Robust Special Topic: Domestic Light Oil Processing in the U.S. Gulf Coast Have We Hit the Limit? Houston, October 30,

More information

A summary of national and global energy indicators. FEDERAL RESERVE BANK of KANSAS CITY

A summary of national and global energy indicators. FEDERAL RESERVE BANK of KANSAS CITY THE U.S. Energy DATABOOK A summary of national and global energy indicators JULY 1, 17 FEDERAL RESERVE BANK of KANSAS CITY SUMMARY OF CURRENT ENERGY CONDITIONS The number of total active drilling rigs

More information

Abstract Process Economics Program Report No. 158A OCTANE IMPROVERS FOR GASOLINE (February 1992)

Abstract Process Economics Program Report No. 158A OCTANE IMPROVERS FOR GASOLINE (February 1992) Abstract Process Economics Program Report No. 158A OCTANE IMPROVERS FOR GASOLINE (February 1992) Lead phaseout in the United States has brought about a strong interest in oxygenated octane improvers for

More information

Schwechat Refinery Visit

Schwechat Refinery Visit Schwechat Refinery Visit Thomas Gangl SVP Refining & Petrochemicals Vienna, Austria November 7, 2018 OMV Aktiengesellschaft Safety is our top priority Process safety 1 1.0 0.8 0.6 0.4 Concawe 1st quartile

More information

CONTRIBUTION OF THE BIODIESEL INDUSTRY TO THE ECONOMY OF THE UNITED STATES

CONTRIBUTION OF THE BIODIESEL INDUSTRY TO THE ECONOMY OF THE UNITED STATES CONTRIBUTION OF THE BIODIESEL INDUSTRY TO THE ECONOMY OF THE UNITED STATES Prepared for the National Biodiesel Board With Funding Support from the United Soybean Board 1 John M. Urbanchuk Director LECG,

More information

Issues to be Discussed ASPHALT SUPPLY IN A VOLATILE OIL WORLD. Crude Oil Supply (2006) CRUDE OIL SUPPLY. Crude Oil Demand CRUDE OIL PRICING

Issues to be Discussed ASPHALT SUPPLY IN A VOLATILE OIL WORLD. Crude Oil Supply (2006) CRUDE OIL SUPPLY. Crude Oil Demand CRUDE OIL PRICING 6 SEAUPG CONFERENCE - WILMINGN, NORTH CAROLINA Issues to be Discussed ASPHALT SUPPLY IN A VOLATILE OIL WORLD Bill Haverland ConocoPhillips Company Crude Oil Supply Crude Oil Pricing Refining Capacity Products

More information

REFINING LANDSCAPE BEYOND 2010 MALAYSIA

REFINING LANDSCAPE BEYOND 2010 MALAYSIA REFINING LANDSCAPE BEYOND 2010 MALAYSIA 7 th Asian Petroleum Technology Symposium 18-19 19 February, Ho Chi Minh City, Vietnam By Mastura Jarani Manufacturing Planning & Supply Group (MPSG), PETRONAS,

More information

Trinidad and Tobago Energy

Trinidad and Tobago Energy Trinidad and Tobago Energy Conference 2017 Advantages of Vertical Integration in a Low Oil Price Environment Astor Harris Vice President Refining and Marketing 2017 January 24 Market Fundamentals 1Q13

More information

OPEC PRIMARY ENERGY CONSUMPTION IN 2005 (1)

OPEC PRIMARY ENERGY CONSUMPTION IN 2005 (1) CHAPTER 4 I n 1384, political tensions in the Middle East and some oil-producing countries, sabotage in Iraq s oil industry and speculation in the market raised oil prices incrementally. As of the beginning

More information

ASPHALT SUPPLY IN A VOLATILE OIL WORLD. Bill Haverland ConocoPhillips Company

ASPHALT SUPPLY IN A VOLATILE OIL WORLD. Bill Haverland ConocoPhillips Company ASPHALT SUPPLY IN A VOLATILE OIL WORLD Bill Haverland ConocoPhillips Company Issues to be Discussed Crude Oil Supply Crude Oil Pricing Refining Capacity Products Supply Products Pricing Future of the Industry

More information

2015 Interim Results Announcement

2015 Interim Results Announcement China Petroleum & Chemical Corporation 2015 Interim Results Announcement August 27, 2015 Hong Kong Cautionary Statement This presentation and the presentation materials distributed herein include forward-looking

More information

EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, TUESDAY, DECEMBER 22, 2015

EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, TUESDAY, DECEMBER 22, 2015 NEWS RELEASE EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, TUESDAY, DECEMBER 22, 2015 GDP: Lisa Mataloni (202) 606-5304 gdpniwd@bea.gov Profits: Kate Pinard (202) 606-5564 cpniwd@bea.gov News Media: Jeannine

More information

Agreement with Enbridge for the Installation of Compressed Natural Gas Refuelling Stations at City Facilities

Agreement with Enbridge for the Installation of Compressed Natural Gas Refuelling Stations at City Facilities PW9.3 STAFF REPORT ACTION REQUIRED Agreement with Enbridge for the Installation of Compressed Natural Gas Refuelling Stations at City Facilities Date: October 20, 2015 To: From: Wards: Reference Number:

More information

Figure 1 Unleaded Gasoline Prices

Figure 1 Unleaded Gasoline Prices Policy Issues Just How Costly Is Gas? Summer 26 Introduction. Across the nation, the price at the pump has reached record highs. From unleaded to premium grade, prices have broken three dollars per gallon

More information

EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, THURSDAY, JANUARY 30, 2014 GROSS DOMESTIC PRODUCT: FOURTH QUARTER AND ANNUAL 2013 (ADVANCE ESTIMATE)

EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, THURSDAY, JANUARY 30, 2014 GROSS DOMESTIC PRODUCT: FOURTH QUARTER AND ANNUAL 2013 (ADVANCE ESTIMATE) NEWS RELEASE EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, THURSDAY, JANUARY 30, 2014 BEA 14-03 Lisa Mataloni: (202) 606-5304 (GDP) gdpniwd@bea.gov Recorded message: (202) 606-5306 GROSS DOMESTIC PRODUCT:

More information

EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, WEDNESDAY, JANUARY 30, 2013 GROSS DOMESTIC PRODUCT: FOURTH QUARTER AND ANNUAL 2012 (ADVANCE ESTIMATE)

EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, WEDNESDAY, JANUARY 30, 2013 GROSS DOMESTIC PRODUCT: FOURTH QUARTER AND ANNUAL 2012 (ADVANCE ESTIMATE) NEWS RELEASE EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, WEDNESDAY, JANUARY 30, 2013 Lisa Mataloni: (202) 606-5304 (GDP) gdpniwd@bea.gov Recorded message: (202) 606-5306 BEA 13-02 GROSS DOMESTIC PRODUCT:

More information

Abstract Process Economics Program Report 222 PETROLEUM INDUSTRY OUTLOOK (July 1999)

Abstract Process Economics Program Report 222 PETROLEUM INDUSTRY OUTLOOK (July 1999) Abstract Process Economics Program Report 222 PETROLEUM INDUSTRY OUTLOOK (July 1999) Global energy demand is rising, with fossil fuels oil, natural gas, and coal continuing to provide more than 90% of

More information

PETROTRIN TO EXPAND BUNKERING OPERATIONS IN PANAMA

PETROTRIN TO EXPAND BUNKERING OPERATIONS IN PANAMA THE SHIPPING ASSOCIATION OF TRINIDAD & TOBAGO IN INTERNATIONAL SHIPPING IN INTERNATIONAL SHIPPING 2 August 2013 PETROTRIN TO EXPAND BUNKERING OPERATIONS IN PANAMA State-owned Petrotrin is planning to expand

More information

SAPIA corporate profile

SAPIA corporate profile SAPIA corporate profile SAPIA overview About SAPIA SAPIA is the voice of the South African petroleum industry. The association plays a strategic role in addressing a range of common issues relating to

More information

24 July Fuel Quality Review Marsden Jacob. Dear Sir or Madam

24 July Fuel Quality Review Marsden Jacob. Dear Sir or Madam IOR ENERGY PTY LTD ABN: 60 010 504 444 39 Byron Street Bulimba Brisbane 4171 Australia Telephone: (61) 7 3895 4444 Facsimile: (61) 7 3395 7902 Email: mail@ior.com.au 24 July 2015 Fuel Quality Review Marsden

More information

SHALE-ADVANTAGED CHEMICAL INDUSTRY INVESTMENT

SHALE-ADVANTAGED CHEMICAL INDUSTRY INVESTMENT 9 April 2013 SHALE-ADVANTAGED CHEMICAL INDUSTRY INVESTMENT Martha Gilchrist Moore Sr. Director, Policy Analysis and Economics Shale Gas Shale gas is possibly the most important energy development in the

More information

QUARTERLY REVIEW OF BUSINESS CONDITIONS: NEW MOTOR VEHICLE MANUFACTURING INDUSTRY / AUTOMOTIVE SECTOR: 3 rd QUARTER 2018

QUARTERLY REVIEW OF BUSINESS CONDITIONS: NEW MOTOR VEHICLE MANUFACTURING INDUSTRY / AUTOMOTIVE SECTOR: 3 rd QUARTER 2018 NATIONAL ASSOCIATION OF AUTOMOBILE MANUFACTURERS OF SOUTH AFRICA GROUND FLOOR, BUILDING F ALENTI OFFICE PARK 457 WITHERITE STREET, THE WILLOWS, X82 PO BOX 74166, LYNNWOOD RIDGE. 0040 TELEPHONE: (012) 807-0152

More information

MAHLE positions itself for the future

MAHLE positions itself for the future MAHLE positions itself for the future Sales rise to EUR 12.3 billion in 2016 Significant increase in organic growth 2016 business year characterized by strategic decision-making Stuttgart, April 26, 2017

More information

The State of Alaska s Refining Industry

The State of Alaska s Refining Industry The State of Alaska s Refining Industry Barry Pulliam Managing Director Econ One Research, Inc. Anchorage, Alaska December 2016 Econ One Research, Inc. 1 Econ One Research, Inc. In Alaska Three Decades

More information

Sinopec Corp s Net Profit for 9M 2018 Surges 52.7% Y-o-Y to RMB 60.1 billion

Sinopec Corp s Net Profit for 9M 2018 Surges 52.7% Y-o-Y to RMB 60.1 billion Sinopec Corp s Net Profit for 9M 2018 Surges 52.7% Y-o-Y to RMB 60.1 billion Improved Performance in Four Core Business Segments with Remarkable Cost Savings and Efficiency Enhancement (30 October 2018,

More information

Signs of recovery in the Russian construction market

Signs of recovery in the Russian construction market Milena Bernardi - m.bernardi@tiledizioni.it Signs of recovery in the Russian construction market Fig. 1 - Construction output in Russia (y-o-y % change) Despite a slowdown with respect to the period April-

More information

OLTIN YO'L GTL THE STRATEGIC OPPORTUNITY

OLTIN YO'L GTL THE STRATEGIC OPPORTUNITY OLTIN YO'L GTL THE STRATEGIC OPPORTUNITY Outline An introduction to Uzbekistan The business case for OLTIN YO L GTL The project Challenges Starting as we mean to go on Uzbekistan Country statistics Country

More information