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More Oil Refining News

EIA sees impacts from idling half of Northeast's refining capacity

Jan 9, 2012

Reduced refining activity in the US Northeast, as reflected in recently announced plans to idle more than half of the region's refining capacity, is likely to affect product supplies, the US Energy Information Administration said.

HollyFrontier to expand refinery in Utah

Jan 4, 2012

HollyFrontier Corp. will expand crude capacity at its 31,000-b/d refinery at Woods Cross, Utah, to 45,000 b/d with idle equipment from Western Refining Inc.’s facility at Bloomfield, NM.

OGJ Newsletter

Jan 2, 2012

International news for oil and gas professionals

Military renewables

Jan 2, 2012

The US Department of Defense is pursuing a strategy, defined by the phrase "operational energy," that holds potential as well as hazard.

Petroplus to shut down three refineries in January

Dec 30, 2011

Petroplus Holdings AG reported Dec. 30 it will start the temporary shutdown of three of its refineries in Europe next month after lenders froze a $1 billion credit facility.

Delaware City refinery due hydrocracker

Dec 22, 2011

PBF Holding Co. LLC and affiliate Delaware City Refining Co. LLC have reported conditional plans to build a mild hydrocracker and hydrogen plant at their 190,000 b/d Delaware City, Del., refinery.

Total to own all of Fina Antwerp Olefins

Dec 21, 2011

Total, through its 100% affiliate PetroFina SA, has agreed to acquire the 35% interest held by ExxonMobil Petroleum & Chemical BVBA in Fina Antwerp Olefins.

Feasibility study to rehabilitate Iraqi refinery planned

Dec 20, 2011

South Refineries Co., a part of the Republic of Iraq’s Ministry of Oil, has awarded Shaw Group Inc. a contract to provide a feasibility study for the rehabilitation of its 140,000-b/d refinery in Basra. Shaw’s announcement did not disclose a contract value.

Saudis to boost refining capacity, gas production by 2016

Dec 16, 2011

Saudi Arabia’s refining capacity will reach 3.5 million b/d and its production of natural gas will hit 15 bcfd by 2016, according to a senior official.

Newfield projects Uinta crude oil sales to Tesoro

Dec 16, 2011

Newfield Exploration Co. has signed an agreement to supply 18,000 b/d of crude oil from its Uinta basin fields to Tesoro Corp.’s 60,000 b/d Salt Lake City, Utah, refinery.

IEA: Ethylene, propylene producers having mixed 2011

Dec 14, 2011

During this year’s first half, ethylene and propylene producers in countries that comprise the Organization for Economic Cooperation and Development enjoyed good margins, supported by strong demand, according to the latest monthly Oil Market Report, released by the International Energy Agency. In second-half 2011, however, those margins have weakened.

Kentucky's Somerset refinery changes hands

Dec 14, 2011

Continental Refining Co., Somerset, Ky., said it has purchased the inactive Somerset refinery and plans to resume processing crude by early summer 2012.

Essar commissions Vadinar isomerization unit

Dec 12, 2011

Essar Oil Ltd. has commissioned a large C5-C6 isomerization unit at its 300,000-b/d Vadinar refinery under expansion and upgrade in Gujarat, India (OGJ Online, Oct. 24, 2011).

Sunoco to idle units at Marcus Hook refinery

Dec 12, 2011

Citing deteriorating refining market conditions, Philadelphia refiner Sunoco Inc. reported it will idle "indefinitely" the main processing units at its 175,000-b/d Marcus Hook, Pa., refinery.

Third-quarter earnings climb with higher oil prices, refining margins

Dec 12, 2011

Oil and natural gas companies based in the US and Canada reported a collective surge in earnings during the third quarter compared with year-earlier results.

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