Tag: Refinery
N.L. government ignoring union’s safety warning at refinery
Operators suspended after not signing safe-work permits they believed hazardous The union representing North Atlantic Refining Limited employees is calling out the provincial government for ignoring concerns reminiscent of the troubling conditions leading up to a fatal explosion at the Come By Chance refinery in 1998, according to a press release. “Our concerns over health […]
Hurricane Harvey update: crude oil, refining and chemical sector impacts – IHS Markit
Still considerable uncertainty about lingering damage to offshore platforms IHS Markit released a periodic update on impact of Hurricane Harvey on the crude oil, refining and chemical sectors. Crude As of Wednesday, U.S. Gulf of Mexico operators have shut down approximately 324,000 b/d of crude oil output, equal to around 19 percent of total Gulf of […]
What products are created from oil processed in Canadian refineries?
Around 1/3 of crude refined in western Canada considered heavy Canada’s 16 refineries process oil that is produced in Canada and imported from abroad, according to the National Energy Board. Over the last five years, these refineries produced an average of 2.3 million barrels of refined petroleum products each day. Approximately 80 per cent of these products were used to […]
US EIA Data says crude oil stocks likely to fall 2.2 million barrels – Platts
The crack has risen – topping $18/b late last week — even though high utilization still threatens to overwhelm demand A resurgent New York Mercantile Exchange (NYMEX) reformulated blend stock for oxygenate blending (RBOB) crack spread could keep refinery activity above normal levels for this time of year, preventing gasoline stocks from erasing a surplus […]
Record US refinery runs fail to lift crude oil prices: Kemp
US has become increasingly important refinery hub for western hemisphere and Atlantic basin By John Kemp US refineries processed a record volume of crude last week, making a small dent in the country’s bloated crude stocks but resulting in a big build-up of refined product inventories. US refineries have ramped up crude processing by 1 […]
Distillate export boom keeps US refiners busy: Kemp
Most distillate being exported to Mexico, Brazil and other countries in Latin America By John Kemp US refiners have become a powerhouse of distillate exports, causing the supply-demand balance for fuels from the middle of the barrel to tighten in the United States despite a very warm winter. Exports of distillate fuel oil (e.g. diesel) […]
Marathon Texas City refinery begins plant-wide overhaul
Marathon Texas City refinery work should be complete by mid-to-late April Marathon Petroleum Corp began a plant-wide overhaul at its 86,000 barrel per day (b/d) Texas City, Texas, refinery on Friday, said sources familiar with plant operations. Marathon shut the 55,000 b/d gasoline-producing fluidic catalytic cracking unit on Friday to start the overhaul, the sources […]
Fire hits California refinery targeted by protest
No one injured in California refinery explosion Feb 18 (Reuters) – A fire broke out after an explosion on Saturday at a California oil refinery that local residents had planned to protest against later in the day due to concerns over pollution and past accidents. Firefighters in the city of Torrance, near Los Angeles, extinguished […]
US distillate demand set to rise in 2017 – Kemp
Distillate stocks remained moderate despite the unusually warm start to the winter By John Kemp LONDON (Reuters) – US refiners are likely to see stronger demand for middle distillates such as heating oil and diesel in 2017 after two years of declining domestic consumption. Distillate consumption is forecast to increase by 60,000 barrels per day […]
Slack management exposed BP refining operations to high safety risk
BP refining operations trails rivals in safety risk mitigation By Ron Bousso LONDON, Dec 13 (Reuters) – BP’s refining operations are exposed to high safety risks that can lead to deadly accidents and pollution as a result of slack data management and a lack of investment, according to a leaked internal report from 2015. The […]
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