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Statoil's president and chief executive officer (OGJ Online, Feb. 4, 2015). Decline in earnings "Statoil's quarterly earnings were affected by the sharp drop in oil prices," Saetre explained. "Our net income was also impacted by specific
the refinery to be down about 4 weeks based upon a preliminary assessment of the damage, according to its Aug. 1 quarterly earnings report to investors. The fire, which broke out in the refinery’s isomerization (isom) unit at about 12
olefins plant rebuild and expansion projects, has hit another delay, the company told investors in its latest quarterly earnings update for 2014 ( OGJ Online, Apr. 10, 2012 ). While the Geismar rebuild and expansion projects are now substantially
plant project, which CVR’s board approved in October, is about $122.5 million, CVR said in its latest quarterly earnings report. The project is scheduled to be completed during second-quarter 2016, according to CVR.
Lima refinery’s feedstock flexibility project was about 95% complete, according to Husky Energy’s latest quarterly earnings report. The project, intended to provide LRC the flexibility to process up to 40,000 b/d of Western Canadian
olefins plant rebuild and expansion projects, has hit another delay, the company told investors in its latest quarterly earnings update for 2014 (OGJ Online, Apr. 10, 2012). While the Geismar rebuild and expansion projects are now substantially
profitable and repeatable North American onshore growth," Houston independent Apache Corp. reported July 31 during its quarterly earnings statement that it would exit completely its holdings in the Wheatstone LNG project in Western Australia and the
100% NGLs from growing North American supplies, is nearing its final completion, the company said in its latest quarterly earnings call (OGJ Online, July 7, 2014; July 1, 2013). Although slightly delayed from the company's previous expectation
oil throughputs at Sarroch during third-quarter 2014 averaged about 227,000 b/d, down 13% compared with runs during the same quarter in 2013, the company’s latest quarterly earnings report showed.
MRPL had entered all new installations involved in the expansion into operation, the company said in its latest quarterly earnings report. The most recent units to enter service include the third train of a three-train sulfur recovery unit