More Refining Capacities News
SPECIAL REPORT: Iran’s gasoline woes persist despite rationing, price hikes
Mar 10, 2008
Iran’s gasoline shortage and its growing dependency on imports have been the subject of discussion and debate, both in and outside Iran.
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ExxonMobil reveals 5-year, $125 billion spending plans
Mar 6, 2008
ExxonMobil Corp. Chairman and Chief Executive Officer Rex Tillerson revealed the major's plans to invest more than $125 billion in capital spending over the next 5 years.
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OGJ Newsletter
Mar 3, 2008
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Senate energy panel to examine US oil inventory policies
Feb 29, 2008
The Senate Energy and Natural Resources Committee will hold a hearing on Feb. 26 to examine US oil inventory policies, including the Strategic Petroleum Reserve.
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Abu Dhabi to build 417,000 b/d refinery at Ruwais
Feb 26, 2008
Abu Dhabi will build a 417,000 b/d refinery, further boosting the emirate's existing 485,000 b/d refining capacity, reported the Emirates News Agency.
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TransCanada plans direct oil line to Gulf Coast
Feb 25, 2008
TransCanada Corp. said it is considering an oil pipeline directly to the US Gulf Coast from Alberta's oil sands, press reports said Feb. 21.
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CERA: Refiners face change in liquids supply composition
Feb 25, 2008
The refining industry faces new reconfiguration and investment challenges to avoid shortages of diesel, heating oil, and jet fuel while minimizing the risk of a decline in refining capacity utilization, said officials of the Cambridge Energy Research Associates in Houston.
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China’s refining expansions to reshape global oil trade
Feb 18, 2008
Global oil refining capacity is set to expand by more than 10 million b/d over the next 7 years, with new refinery projects in Asia accounting for roughly 40% of this total.
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BP disappointed in downstream performance
Feb 18, 2008
BP PLC is seeking to improve the financial performance of its refining and marketing assets, said BP Chief Executive Tony Hayward Feb. 5 while discussing companywide 2007 financial results.
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CERA: Aramco CEO calls for energy planning, cooperation
Feb 18, 2008
There are enough conventional and unconventional petroleum resources to satisfy global demand for liquid fuels “for many decades,” but it will require better planning and cooperation between industry and governments to accomplish that task, the president and chief executive officer of Saudi Aramco said.
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Trinidad and Tobago to build second refinery
Feb 15, 2008
Trinidad and Tobago's energy minister said that the twin-island nation will construct a $3-4 billion refinery next to its existing 168,000 b/d refinery at Pointe-a-Pierre.
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CERA: Refiners face change in liquids supply composition
Feb 14, 2008
The refining industry faces new reconfiguration and investment challenges to avoid shortages of diesel, heating oil, and jet fuel while minimizing the risk of a decline in refining capacity utilization, said officials of the Cambridge Energy Research Associates in Houston Feb. 13.
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CERA: Aramco chief calls for energy planning, cooperation
Feb 13, 2008
Aramco's Pres. and CEO Abdallah S. Jum'ah told a CERA conference that there are enough conventional and nonconventional petroleum resources to satisfy global demand for liquid fuels "for many decades."
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BP disappointed in downstream earnings
Feb 7, 2008
BP PLC is seeking to improve the financial performance of its refining and marketing assets, said BP Chief Executive Tony Hayward Feb. 5 while discussing companywide 2007 financial results.
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Marathon outlines $8 billion capital budget
Feb 4, 2008
Marathon Oil Corp. announced an $8 billion capital, investment, and exploration budget for 2008 compared with 2007 spending of $4.8 billion.
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