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Shale Oil Impacts Refinery/Petcoke – ICIS Hold Free Mkt Webinar on US Ref Ind

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This topic contains 2 replies, has 2 voices, and was last updated by  Charles Randall 9 years, 9 months ago.

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  • #1679

    basil parmesan

    ICIS Will Hold a Free Market Outlook Webinar on the US Refining Industry for 2013 on April 30 2013

    By  HOUSTON, April 29, 2013 /PRNewswire/ —
    ICIS is pleased to announce a free market outlook webinar on the US Refining Industry for 2013. Expert consultant Karl Bartholomew will discuss factors affecting the US refining industry. He will present a market outlook on how developments may influence the industry over the next six to twelve months. The webinar will take place April 30, 2013 at 11am Central Daylight Time.

    The webinar will cover:

      The interplay of oil and politics in the US market The importance of refinery configuration The impact of shale oil on the US refining industry How these factors affect market dynamics

    About the speaker
    Karl D. Bartholomew, ICIS Vice President of Consulting, Americas
    Karl has over 30 years’ experience in the energy sector, with his main areas of expertise in project finance, feasibility analysis, and appraisal/valuation. Karl has extensive knowledge of all aspects of refining, gas processing, and refining-petrochemical integration. He has managed numerous industry studies on refining, petrochemicals, natural gas processing and LNG. Karl is a registered professional engineer, and an Accredited Senior Appraiser with the American Society of Appraisers.
    About ICIS
    ICIS is the world’s largest petrochemical market information provider, and has fast-growing energy and fertilizer divisions. Our aim is to give companies in global commodities markets a competitive advantage by delivering trusted pricing data, high-value news, analysis and independent consulting, enabling our customers to make better-informed trading and planning decisions. We have over 30 years’ experience of providing pricing information, news, analysis and consultancy to buyers, sellers and analysts.
    With a global staff of more than 700, ICIS has people based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo and Perth. ICIS is part of Reed Business Information.
    About Reed Business Information
    Reed Business Information is a leading provider of business information, data and marketing solutions in multiple formats. We produce industry critical data services and lead generation tools, as well as online community and job sites. We publish business magazines with market leading positions in many sectors. As part of the Reed Elsevier Group plc, we’re a powerful player in providing professional information solutions and a leader in our field.
    Contact: Monica Mendoza, Associate Marketing Manager

  • #4489

    Charles Randall

    Here is Free Webinar that might want listen in on or have someone  in your company who is interested in Shale Crude area for idea of what the consultants are saying about economics/trends. 
     <FYI – Karl did a TMS Presentation Mon Mar04, 2013 10am section for KBC/ICIS on “Shale Crude Oil impact on Anode Coke” – see link @ .
    Was a good overview on economics & some outcomes – but did not get into lot problem areas that I have mentioned about  shale crude.>

    Some Shale Crude Issues : Shale Crude is “barbell/doughnut crude” ie heavy on ends little middle much like Bitumen crudes which were heavy on resid/gasoils, whereas Shale Oil is heavy on naphtha’s & light ends. Shale isn’t crude is a  Kerogen that breaks down to Bitumen that breaks down to Crude when recovered mining formations. So using general “crude” API/Sulf/K factors may not fully model products anymore than they did for Bitumen blends.
    Shale Oil has “Arsenic” levels (7 to 67 ppm) – crude (& coke), and it’s concentrated in both resid & petcoke process – also impact ash use in power plants using petcoke – could lose non-hazardous label petcoke/petcoke ash use? Shale Crudes have High Nitrogen levels and need treatment at either site or in plant avoid issues on FCC other catalysts units. 
    High olefin & unsaturates in oil – tendency  “darken” on shipments unless Hydrogen treated at site.  
    HAC -acid content and  naphthenic acids impacts on plant corrosion (similar issues we saw from Canadian Bitumen crudes).
    Possible foaming issues – early studies show was looked at as “frothing agent” because high foaming tendencies.
    A lot of the high discount on price are used up on high transportation cost ($18-24/Bbl rail, $5/bbl P/L ect) and lot of high gravity is not value product (ie lot light straight run instead gas oil) and may even have some producers blending in condensate/butane/LSR from Nat Gas production (so high value higher gravity crude isn’t for larger amounts these streams). 

  • #4488


    This will be useful for the conference, after the keynote by Mel Larson on “Maximizing Refining Value With Abundant Shale Oil”  and then a discussion on “Crude Compatibilities”. 
    Thanks Charlie – all good stuff.
    Paul Orlowksi

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