Refinery

Data shows crude oil stock drawdown tempered by builds in refined products

Refineries have potentially already begun shifting more production towards distillate as gasoline demand has not kept pace with production US crude oil stocks declined last week, in line with market expectations, but inventories of distillates and gasoline saw surprise builds, EIA data showed Wednesday according to S&P Global Platts. US commercial crude stocks fell 3.228 million barrels

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Falling US crude output , increased refinery runs fail to halt stock builds – Platts

US distillates stocks down 6.51 million barrels since start of April, have not declined for 3 consecutive weeks since Oct. By Jack Laursen, Platts Oil Editor Falling US oil production and increased refinery throughput in the week that ended April 29 failed to halt the historic rise in US crude oil inventories, according to US Energy

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Exxon Mobil, FuelCell Energy, pursue new carbon capture tech for power plants

In 2015, Exxon Mobil captured 6.9 million metric tons of carbon dioxide for sequestration, the GHG equivalent of 1 million cars IRVING, Texas- Exxon Mobil Corporation and FuelCell Energy, Inc. today announced an agreement to pursue novel technology in power plant carbon dioxide capture through a new application of carbonate fuel cells, which could substantially reduce costs and

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Meridian Energy submits application for 55,000 b/d Davis Refinery in Bakken

Meridian has engaged engineering firm Vepica and Houston-based construction/logistics firm BASIC Equipment to manage project BELFIELD, ND– Meridian Energy Group, Inc. says it has submitted its first round of permit applications relating to its 55,000 b/d Davis Refinery, to be located near Belfield, in Billings County, North Dakota, the heart of the Bakken shale play. Meridian Energy filed applications

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