More Refining Operations News

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.

Study theorizes use of geothermal sources for energy in refineries

Feb 11, 2008 Geothermal sources for direct heating can theoretically serve as an alternative source of high-temperature (>130° C.) heat in processing plants.

Asset-performance management helps US refiners comply with Baker Report

Jan 28, 2008 To be successful, refiners must be profitable while maintaining safety performance that is more than just acceptable.

Crude futures price closes at 5-week low

Jan 28, 2008 The February crude contract fell 71¢ to $90.13/bbl Jan. 17 on the New York Mercantile Exchange—its lowest closing in 5 weeks—after Federal Reserve Chairman Ben Bernanke told the US House Budget Committee downside risks to US economic growth in 2008 were “more pronounced” than ever.

MARKET WATCH: New front-month crude contract at 3-month low

Jan 24, 2008 The front-month crude futures price tumbled to a 3-month low below $87/bbl Jan. 23 as recession fears continued to flail the market.

Crude futures price closes at 5-week low

Jan 21, 2008 The February crude contract fell 71¢ to $90.13/bbl Jan. 17 on the New York Mercantile Exchange—its lowest closing in 5 weeks.

MARKET WATCH: Rising oil stocks push down prices

Jan 17, 2008 Energy prices continued to fall Jan. 16 after the Energy Information Administration reported a bigger-than-expected build in US crude inventories—the first gain in 9 weeks.

Continental Resources buying Williston basin properties

Jan 15, 2008 Continental Resources plans to acquire producing oil properties in North Dakota and Montana from an affiliate of Chesapeake Energy Corp. for $60 million.

SPECIAL REPORT: Association executives expect more energy legislative battles

Jan 14, 2008 When US President George W. Bush signed HR 6, the Energy Independence and Security Act, into law on Dec. 19, 2007, he called it an example of what can be accomplished when Congress and his administration worked together.

SPECIAL REPORT: Global refining capacity increases slightly in 2007

Dec 24, 2007 Worldwide in 2007, the number of refineries remained stable, while global capacity increased slightly.

OGJ Newsletter

Dec 10, 2007

SPECIAL REPORT: US independents explore ample financing options

Dec 10, 2007 Robust oil and gas prices have contributed to an abundance of capital readily available to the oil and gas industry through the public equity market, the private equity market, and bank financing.

COMPANY NEWS: OMV increases pressure to acquire Hungary’s MOL

Dec 10, 2007 Austria’s OMV AG has launched legal proceedings in the Hungarian courts to remove the barriers to acquiring MOL Rt., upping pressure on the company’s management to accept its $20.6 billion bid.

Fire shuts down second Saudi refinery

Dec 5, 2007 Fire has shut down a Saudi Arabian refinery, according to a statement by Saudi Aramco Lubricating Oil Refining Co. (Luberef). It is the second fire-related accident at an Aramco facility in a month.

CATASTROPHIC EVENT MODELING—1: How coverage has evolved for offshore storm risks

Dec 3, 2007 Modeling offshore energy risk presents a special set of design challenges. Actuarial techniques cannot be applied due to the relative infrequency of events and scarcity of historical loss data.

Oil & Gas Conferences

  • List View
Event Title Date Type

Offshore Middle East Conference & Exhibition

January 26, 2015
Stay Connected