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North America Refining Market Outlook 2022

North America Refining Market Outlook 2022

by Matthew J Stephens, Economic Engineering Manager | May 23, 2022

Executive Summary Over the past two years, the combination of the coronavirus pandemic and a pre-existing push for a shift to renewables has drastically changed the refining economic environment. Specifically, from 2019 to 2022 we have seen: Reduction in operable...
Economic Engineering Update | September 2021

Economic Engineering Update | September 2021

by Matthew J Stephens, Economic Engineering Manager | Sep 1, 2021

With tight natural gas supplies globally, expect to see energy and carbon optimization become more significant in plant optimization After taking a month’s holiday from the blog, we are back this month with what has probably been the biggest change in the market –...
Economic Engineering Update | September 2021

Economic Engineering Update | July 2021

by Matthew J Stephens, Economic Engineering Manager | Jul 14, 2021

Energy Transition accelerated in EU and USA by Covid-19 resulting in peak Mogas demand, other regions to keep oil demand growing for some time In this month’s economic engineering update, we zoom out for a look at the global supply and demand environment for oil,...
Transforming Safety Culture from a Program to an Organizational Principle

Transforming Safety Culture from a Program to an Organizational Principle

by Nell Lukosavich, Senior Marketing Manager | Jul 13, 2021

Transforming Safety Culture from a Program to an Organizational Principle In today’s ever-changing downstream landscape, both operators and service providers are facing a number of varying factors, from feedstock and equipment disturbances, to regulatory and...
Economic Engineering Update | September 2021

Economic Engineering Update | June 2021

by Matthew J Stephens, Economic Engineering Manager | Jun 1, 2021

US Refiners See High Crack Spreads, but Renewable Fuel Credits Eat into Actual Profits Recently we have seen some buzz about refining crack spreads being at favorable levels. While this appears to be true on the surface, a key component of understanding actual...
Economic Engineering Update | September 2021

Economic Engineering Update | April 2021

by Matthew J Stephens, Economic Engineering Manager | Apr 16, 2021

Fuels demand projected to increase, although less than 2019 The US Government’s Energy Information Administration (EIA) released their take on how gasoline and diesel demand might recover in their Short Term Energy Outlook (STEO) this week. The forecast shows that...
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  • North America Refining Market Outlook 2022
  • Economic Engineering Update | September 2021
  • Economic Engineering Update | July 2021
  • Transforming Safety Culture from a Program to an Organizational Principle
  • Economic Engineering Update | June 2021

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