Category: Uncategorized

On Hold – Petrobras Refinery Sales Await New Government

Author: Sam Davis As we await the sale of the Petrobras refinery in Pasadena, Texas, which was put on the market in February this year, we turn our attention back to Brazil and the plans the company has to revive

Let the Good Times Roll – Part 3

Authors: Brian Mason and John Auers Over the past couple of weeks, we’ve discussed the good news from refiners that have been coming out of earnings calls from both U.S. independents and integrated majors.  This week, as we continue our

Let the Good Times Roll-Part 2

Authors: Brian Mason & Robert Auers This week, we will review the earnings calls for the Integrated Majors operating in the U.S. as a follow-up to last week’s blog which covered independent refiners. While the Integrated Majors reported strong results

Let the Good Times Roll

Independent refiners take advantage of crude bottlenecks; see bright future from IMO opportunities Author: Sam Davis Earnings season has kicked off with a bang as U.S. Independent refiners posted strong quarterly results driven by logistically related crude discounts and high

Brazil’s oil industry braces for uncertainty as “Trump of the Tropics” wins election

Sam Davis and John Auers Last week, we highlighted some of the developments that have been taking place in the Brazilian downstream industry and how those have and will continue to impact Western Hemisphere product markets and trade flows.  The

“La La La” – The Latest Rumblings in the Brazilian Refining Sector

By:  John Auers and Robert Auers We have written frequently about the dramatic shift that has taken place in the U.S. refined product trade balance over the past few years.  The U.S. has moved from the largest importer of products

2018 Oil and Money Conference – Notes From the Refining Session

John Auers Last week, I attended the 39th Annual Oil & Money Conference in London, a major energy event which is co-hosted by Energy Intelligence and The New York Times.  This year, the conference again played host to leaders from

“Purple Haze” – Proposed Rule 1410

By Brian Mason Today we’ll talk about the proposed rule 1410 in California to potentially ban the use of hydrofluoric (HF) acid in California refineries. HF alkylation has been used in California since 1966. In 1967 Jimi Hendrix released the

“All Summer Long” – Impacts on Refiners of an E-15 Summertime RVP Waiver

By Beth Hilbourn and John Auers Although a little late for this summer season, the question of whether or not to extend the 1 psi waiver to E-15 (gasoline containing 15% ethanol)  in the summer time has again become a

What’s happening with the IMO’s 2020 Marine Fuel Rule?

By David St Amand, guest writer Mr. David St. Amand, President, founded Navigistics Consulting in 1994. Mr. St. Amand is a maritime economist/business analyst specializing in commercial shipping. He holds a B.S. in Naval Architecture and Marine Engineering from Webb