Global refining addresses increased oil demands, new challenges

Tim W. Martin Stone & Webster Technology Corp. Houston About this report... This year's Refining Report begins with a global outlook of worldwide refining trends, authored by Tim Martin of Stone & Webster Technology Corp. That is followed by two articles updating projects in South America. Argentina's Lujan de Cuyo refinery becomes an exporter of unleaded gasoline after building an alkylation unit, and Venezuela's Amuay refinery meets more stringent environmental regulations when it obtains a new hydrogen plant. Rising utilization rates, eroding refining margins, and lower spending capital present new challenges for the refining industry. Refiners address the...

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