Economics
Two fires shut down Neste Oil refinery in Finland
Reuters is reporting that two fires broke out at Neste Oil’s refinery in Naanatali, Finland.
US EIA’s short-term energy outlook released today
The US Energy Information Administration (EIA) came out with its short-term energy outlook today.
Financing secured for new Egyptian refinery
The Egyptian Refining Co. (ERC) has signed a debt package of $2.6 billion to finance construction of its $3.7 billion second-stage oil refinery in the greater Cairo area of Egypt.
Western Refining halts activity at Yorktown refinery
Western Refining is suspending refining operations at its Yorktown refinery due to the poor outlook for East Coast refining margins.
Frontier puts positive spin on Cheyenne refinery fire
The late July fire at Frontier Oil’s Cheyenne refinery has been problematic for the company, but its leadership does not see the incident as having a long term effect on Frontier’s overall bottom line.
Shell and Delek can’t get it done in Canada
Canada Products (Shell) and Delek US Holdings, Inc. have agreed to end negotiations regarding a potential sale of the Shell Montreal East refinery.
Optimize operating parameters of absorbers/strippers in gas plants
Better recovery definition of C3s and C4s from gas absorber/stripper can lower costs
Increase crude unit capacity through better integration
In revamp projects, better energy integration provides more benefits with less capital investment and lower operating costs
API says US Senate energy bill threatens jobs, economic growth
The US Senate bill recently unveiled by Majority Leader Harry Reid moves forward with provisions that will cost American jobs, slow economic growth and will place our energy security at risk, according to a statement by American Petroleum Institute President and CEO Jack Gerard.
New oil spill containment system planned by major oil companies
A plan to build and deploy a rapid response system that will be available to capture and contain oil in the event of a potential future underwater well blowout in the deepwater Gulf of Mexico was announced today by Chevron, ConocoPhillips, ExxonMobil and Shell.
- Indonesia's Pertamina merges refinery and logistic units 2/5
- About 2 MMbbls of Venezuelan oil being shipped to Spain's Repsol for refining 2/5
- Aster to complete Singapore refinery expansion, berth works in 2H 2026 2/5
- India exports first fuel to Europe since ban on Russian crude-derived products 2/5
- Indonesia discussing oil refinery plan with India's Essar Group 2/5
- Nigeria's NNPC in talks with Chinese company on refinery rehabilitation initiatives 2/5
