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Copyright © 2010: PennWell Corporation
All Rights Reserved.
Crude Oil Refinery news and technical articles from Oil & Gas Journal. Search Crude Oil Refinery latest and archived news and articles
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
Prices in fact derive from continuous decisions around the world by tens of thousands of buyers and sellers of crude oil , refinery products, and derivative instruments such as futures contracts, all based on moment-by-moment assessments
go forward. These include three export refineries: Hormuz refinery in Southern Iran is a 300,000 b/d, heavy crude oil refinery with a delayed coker, hydrocracker, and FCC. Its cost is about $5-7 billion. Its feed will be 100,000 b
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
Total stocks were 1.013 billion bbl, up 1.3% from last month and 5.9% higher than September 2000. Input to crude oil refinery units was 15.350 million b/d in September, 1.5% lower than a year ago. The refinery utilization rate last
in Hawaii. A unit of Broken Hill Pty. Co. Ltd., Melbourne, the Hawaiian operations include a 95,000 b/d crude oil refinery about 20 miles west of Honolulu and 32 retail gasoline stations on the islands of Oahu, Maui, and Hawaii. In addition
future crude production trends in North America and around the world, the future demand for refined products and crude oil , refinery capabilities and investment requirements, and future changes in global crude oil trade patterns. Deepwater producers
week ended Oct. 31, up by 107,000 b/d from the previous week. "This is the fourth week in a row in which crude oil refinery inputs have increased, clearly signaling that some refineries are returning from their fall maintenance programs
million b/d last week, up 237,000 b/d from the previous week. "This is the second week in a row in which crude oil refinery inputs have increased, which may signal that refineries are beginning to return from their fall maintenance
project in January (OGJ, Jan. 12, 1998, p. 31). Groundbreaking commenced for construction of Sudan's second crude oil refinery at El-Gily, 100 km north of Khartoum. The $600 million refinery will have capacity of 50,000 b/d. Construction