Refining Capacities News

EIA: Crack spreads higher due to low oil prices, rising gasoline demand

May 20, 2015

Gasoline crack spreads in the US, especially on the East Coast, have reached several-year highs in recent months, according to a recent report from the US Energy Information Administration.

WoodMac: Brazil, Norway oil to alter markets

May 18, 2015

An estimated 3.8 million b/d of new supply by 2025 of heavy, sweet crude from large developments offshore Brazil and Norway will help European refiners, says Wood Mackenzie.

ESAI: Refinery closures could hit 2 million b/d by yearend 2016

May 5, 2015 Global refinery closures by yearend 2016 could be more than the previously announced 1 million b/d of capacity, Energy Security Analysis Inc. reported. “The total capacity at risk of closure by tha...

EIA: East Coast refineries got 52% of crude by rail in February

May 5, 2015

US East Coast refineries received more than half of their crude oil feedstocks by rail during February, the US Energy Information Administration reported.

Gazprom Neft begins unit revamp at Omsk refinery

Apr 30, 2015 JSC Gazprom Neft has started work on the reconstruction of the catalytic cracking complex for the deep processing of fuel oil at its 21.4 million-tonne/year Omsk refinery in Western Siberia, Russia.

Indian Oil commissions Paradip refinery

Apr 29, 2015

Indian Oil Corp. Ltd. (IOC) has started the process of commissioning its long-delayed 15 million-tonne/year, full-conversion refinery at Paradip, on India’s northeastern coast.

CNOOC lets contract for Huizhou refinery expansion

Apr 27, 2015 CNOOC Oil & Petrochemicals Co. Ltd., a subsidiary of China National Offshore Oil Corp. (CNOOC), has let a contract to Praxair Inc., Danbury, Conn., to provide industrial gases to support the ex...

Fourth-quarter earnings hit by dropping crude oil prices

Apr 27, 2015

The plunge in crude oil prices eroded North American oil and gas companies' earnings in the last quarter of 2014.

PDVSA’s Puerto La Cruz refinery revamp advances

Apr 22, 2015 Petroleos de Venezuela SA (PDVSA) has received a first batch of bulk equipment from Wison Offshore & Marine Ltd. for work related to the long-planned expansion and deep-conversion modernization...

Court greenlights Chevron’s Richmond refinery project

Apr 22, 2015 A California superior court has cleared the way for Chevron Corp. to proceed without further delay in executing its long-planned, $1-billion project to modernize operations at the company’s 257,000...

Oil & Gas Processing Webcasts

Global LNG: Adjusting to New Realities

Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil ...
Mar 20, 2015
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US Midstream at a Crossroads

Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more ...
Mar 6, 2015
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The Future of US Refining

Oil & Gas Journal’s Feb. 6, 2015, webcast will focus on the future of US refining as various forces this year conspire to pull the industry in ...
Feb 6, 2015

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