Prairie Energy Partners announces $5.6-B refinery in Texas
According to a news report from the Houston Chronicle, Prairie Energy Partners has proposed to build a new $5.6-B, 250,000-bpd refinery outside Victoria, Texas. The next-generation refinery will be powered by blue hydrogen.
According to the report, the refinery will process light, sweet crude into ultra-low-sulfur diesel and gasoline. The refinery will also mitigate carbon emissions by using carbon capture technologies. The refinery operations of the proposed project will reduce and eliminate carbon dioxide, volatile organic compounds and greenhouse gas emissions by at least 95% vs. traditional Gulf Coast refineries.