Crude Oil Refinery
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Premcor to expand Port Arthur refinery
… editors HOUSTON, May 20 -- Premcor Inc., Old Greenwich, Conn., announced plans Tuesday to enlarge its heavy crude oil refinery in Port Arthur, Tex., to increase oil throughput capacity by 75,000 b/d, to 325,000 b/d from 250,000 …
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Sinopec, PetroSA in Mthombo refinery accord
… Gas Corp. of South Africa (PetroSA) “which enabled the companies to move forward the world-scale Mthombo crude oil refinery project in Port Elizabeth’s Coega Industrial Development Zone.” Sinopec said the companies agreed to integrate …
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OGJ Newsletter
… Gas Corp. of South Africa (PetroSA) "which enabled the companies to move forward the world-scale Mthombo crude oil refinery project in Port Elizabeth's Coega Industrial Development Zone." Sinopec said the companies agreed to integrate …
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MARKET WATCH: Crude oil prices decline with continued concerns of Europe's economy
… Moreover, he said, “We now have to add a relative value structure that is not bullish in our opinion for future crude oil refinery runs in the US. The Brent premium to WTI continues to narrow and as the trend increases, it is now difficult to …
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MARKET WATCH: Iranian threats push crude above $101/bbl in New York market
… number for the supply of products, while on the crude oil side we will have to combine a 1.4 million b/d loss of crude oil refinery demand with a 1.2 million b/d gain of crude supply from Libya, when comparing the first half of 2012 with the …
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MARKET WATCH: Oil prices increase on indications of economic improvement
… been shrinking; the main action yesterday in crude oil was on the Brent-WTI spread, not on outright flat price. Crude oil refinery intake [in the Midwest] has been gradually rebounding over the last 2 weeks, and crude oil imports from Canada …
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MARKET WATCH: Weak economy drives energy prices down
… year (5.8%) and at the lowest level for a month of March since 1995,” said Jakob. However, he said, “ Crude oil refinery runs were only 100,000 b/d lower than a year ago, as US refineries continue to massively export products to …
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MARKET WATCH: WTI price falls, Brent's rises for record-high spread
… component is up 11.7%. We continue to expect another increase in rates from China.” He said, “Chinese crude oil refinery runs were flat in May vs. April and up 630,000 b/d vs. last year. This is in line with expectations.” Zhang …
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MARKET WATCH: Crude breaks 7-session losing streak
… at 1.2 million b/d. “However, the demand side is also getting healthier in the Midwest with a pick up in crude oil refinery runs, which could cap some of the crude oil stock builds in that region,” he said. “Stocks of crude oil …
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Crude ends quarter at 17-month high
… the Midwest were at a high level offsetting some of the lower numbers seen in the previous 3 weeks, he said. “ Crude oil refinery runs are gently being increased to levels closer to 2008, and gasoline production is rising to a multiyear high for …
