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Keyword: refinery

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  • Some contractors (unionized) not so bad, Steelworkers say {Refinery strike}

    02/26/2015 5:09:46 AM PST · by thackney · 1 replies
    Fuel Fix ^ | February 25, 2015 | LM Sixel
    The building trades unions have taken exception to disparaging comments the United Steelworkers union have made during contract talks that contractor labor is neither high quality or safe. Many contractors use union-represented skilled crafts workers including electricians, plumbers, welders, iron workers and pipefitters. To resolve the simmering, and growing dispute, the leaders of the United Steelworkers union and the North America’s Building Trades Unions issued a joint statement Wednesday to clarify the scope of contractor responsibilities at the nation’s refineries and chemical plants. “We are issuing this statement to make clear that the scope of work USW is seeking in...
  • Potential market implications of outage at ExxonMobil's Torrance, California refinery

    02/25/2015 6:47:39 PM PST · by thackney · 8 replies
    Energy Information Administration ^ | February 25, 2015 | Energy Information Administration
    On February 18, an explosion and fire occurred at the ExxonMobil refinery in Torrance, California. The Torrance refinery, the third-largest refinery in southern California, has about 20% of the region's fluid catalytic cracking (FCC) capacity and is an important source of gasoline and distillate supply. Based on publicly available information, it can be estimated that Torrance produces about 117,000 barrels per day (bbl/d) of gasoline (about 15-20% of southern California's supply) and about 50,000 bbl/d of distillate and jet fuel (about 10% of southern California supply). Unplanned refinery outages can have noticeable impacts on liquid fuel markets, disrupting supplies of...
  • U.S. refinery strike spreads to one-fifth of national capacity

    02/22/2015 11:34:52 AM PST · by thackney · 12 replies
    Reuters ^ | Feb 22, 2015 | ERWIN SEBA
    The largest U.S. refinery strike in 35 years entered its fourth week as workers at 12 refineries accounting for one-fifth of national production capacity were walking picket lines as of 12 a.m. CST on Sunday, according to union officials. A total of 6,550 members of the United Steelworkers union at 15 plants, including the 12 refineries, are involved in the work stoppage that began on Feb. 1 when talks for a new three-year contract between the USW and lead oil company negotiator Shell Oil Co stopped.... After the latest breakdown between the two sides, Steelworkers leaders targeted Shell, which is...
  • Refinery workers strike spreads to biggest US location

    02/21/2015 11:58:20 AM PST · by Olog-hai · 10 replies
    Associated Press ^ | Feb 21, 2015 1:43 PM EST | Tom Murphy
    The first nationwide oil refinery strike in more than 30 years was expected to grow by four more plants over the weekend, including the largest refinery in the U.S., the Motiva Enterprises refinery in Port Arthur, Texas. The United Steelworkers union said Saturday workers at the Motiva Enterprises refinery started their strike at midnight Friday. Employees at two other refineries and a chemical plant in Louisiana planned to strike at the end of Saturday. The union said in a statement that it expanded the strike that started Feb. 1 at refineries largely in Texas and California because the industry has...
  • USW:California Refinery Explosion Provides Further Evidence of Need for Safety Improvements

    02/19/2015 4:51:25 PM PST · by mdittmar · 10 replies
    United Steelworkers ^ | Feb 18, 2015 | United Steelworkers
    Union Calls on Industry to Negotiate Solutions to Protect Workers and Communities(PITTSBURGH) -- An explosion and fire today at a refinery in Southern California underscores the United Steelworkers’ demand for improved safety conditions to protect both workers and communities.The explosion at the ExxonMobil refinery in Torrance, Calif., occurred as 5,200 members of the United Steelworkers (USW) are conducting unfair labor practice strikes at 11 refineries across the country with safety as a major concern.“Our members work in dangerous and too often deadly conditions,” said USW International President Leo W. Gerard. “While employers have reaped billions of dollars in profits over...
  • Explosion Rips Through Torrance Refinery, Shakes South Bay

    02/18/2015 10:59:37 PM PST · by Nachum · 2 replies
    Hours after an explosion ripped through a Torrance refinery, residents for miles around continue to grapple with ash, a gas odor and concerns over poor air quality while inspectors confirmed that a filtration device was the source of the blast. A smoke advisory was issued for areas near the ExxonMobil refinery due to Wednesday morning's explosion and fire.
  • National Bargaining: Greedy Oil Industry Forces Work Stoppage

    02/18/2015 5:44:56 PM PST · by mdittmar · 29 replies
    United Steelworkers ^ | Feb 18, 2015 | United Steelworkers
    Arrogant oil refiners concerned more about profits than the safety and workplace concerns of thousands of USW-represented oil workers forced the union to call an unfair labor practice (ULP) strike.The industry, represented by Royal Dutch Shell, gave the USW no other option when it refused to bargain in good faith over a national contract even though the union was prepared to continue talking beyond the midnight deadline.“Shell refused to provide us with a counter-offer and left the bargaining table,” International President Leo W. Gerard said. “We had no choice but to give notice of a work stoppage.”The negotiations for a...
  • Cause Of ExxonMobil Torrance Refinery Explosion Under Investigation

    02/18/2015 12:41:16 PM PST · by BenLurkin · 30 replies
    A three-alarm fire was reported around 8:50 a.m. at a processing unit at 3700 West 190th St. in Torrance, according to officials. When crews arrived on scene they found evidence of an explosion and a small ground fire, which firefighters quickly extinguished. ... Residents and approximately 30 schools in the Torrance School District were instructed to shelter in place. That advisory was lifted by police around 11:45 a.m.
  • LyondellBasell: Strikers, come back to work

    02/18/2015 12:18:21 PM PST · by thackney · 8 replies
    Fuel Fix ^ | February 18, 2015 | LM Sixel
    In an open letter to employees, the manager of LyondellBasell’s Houston Refinery is asking its striking employees to come back to work. The workers, who walked out of the refinery on Feb. 1 as part of a nationwide strike after national oil bargaining talks broke down, have left the refinery scrambling to operate with supervisors. The United Steelworkers union is on strike against 11 refineries and chemical plants nationwide, including five in the Houston area. The letter outlined the negotiating efforts both sides made before the strike began and how the company had requested a rolling 24-hour extension to keep...
  • Shell, union spar over picket line etiquette

    02/14/2015 6:24:51 AM PST · by thackney · 15 replies
    Fuel Fix ^ | February 13, 2015 | LM Sixel
    Tensions escalated Friday in the nearly two-week strike after picketers were told to get off the Shell Deer Park Refining property. The order puts the strikers in danger because the refinery fronts the feeder road on Texas 225 and there is no sidewalk on which to stand, said Lee Medley, president of the United Steelworkers Local 13-1. He said Shell gave the strikers walking the picket line 30 minutes to get themselves, their chairs, ice chests and other equipment off the property. Shell issued its order in response to unsafe behaviors by the picketers including blocking entrances with picketers and...
  • TransCanada plans another cross-border pipeline

    02/14/2015 6:16:04 AM PST · by thackney · 15 replies
    Fuel Fix ^ | February 13, 2015 | Jennifer A. Dlouhy
    Undaunted by the long battle over Keystone XL and current low oil prices, TransCanada Corp. is planning to build another border-crossing pipeline that would ferry North Dakota crude to refineries in Eastern Canada. TransCanada executives confirmed Friday they have signed contracts with shippers for enough capacity on the proposed 285-mile Upland pipeline to go forward with the project. It would move as many as 70,000 barrels a day of oil away from North Dakota’s Williston Basin, giving producers another alternative to shipping that crude by rail. “There is no question that production is up in North America, across the board,”...
  • Operations At 3 Refineries Interrupted As Strike Continues To Cause Havoc

    02/12/2015 12:57:38 PM PST · by thackney · 6 replies
    Oil Pro ^ | 2/12/2015 | Jeff Reed
    Three of the nine US oil refineries targeted by the largest oil worker refinery strike since 1980 have reported interruptions and unplanned repairs since the United Steelworkers Union (USW) workers went on strike earlier this month. Shell's 327,000 bpd refinery in Deer Park, Texas, is now operating normally after experiencing an upset at a fluid catalytic cracker on February 8. "Shell Deer Park continues to safely operate at planned production rates. While not formally at the negotiating table, the lines of communication remain open. Shell remains hopeful that both parties will reach a mutually satisfactory agreement," Shell said in a...
  • GOP lawmaker denies global warming as Inslee climate bill advances

    02/11/2015 4:06:58 PM PST · by Oldeconomybuyer · 25 replies
    The Seattle Times ^ | February 11, 2015 | by Jim Brunner
    Gov. Jay Inslee’s proposal to cap state carbon emissions and impose $1 billion a year in new charges on oil refineries, aluminum smelters and other top polluters passed its first legislative hurdle Tuesday, clearing the state House Environment Committee on a party-line vote. But as the bill headed for a final committee vote, the ranking Republican on the committee, Rep. Matt Shea, R-Spokane Valley, raised a line of argument that GOP leaders have largely shied away from this year. Shea, one of the legislature’s most conservative members, disputed the overwhelming scientific consensus that global warming is occurring, likely due to...
  • Steelworkers strike extends to BP plants outside Texas

    02/08/2015 6:51:36 PM PST · by thackney · 57 replies
    Fuel Fix ^ | February 7, 2015 | LM Sixel
    The United Steelworkers union is broadening its nationwide walkout to include two more refineries. Early Sunday, the union is planning to go on strike against two BP facilities in the Midwest, union spokeswoman Lynne Hancock confirmed. That will bring the total number of plants on strike to 11, after union members walked out of nine facilities, including five in the Houston area, a week ago. The latest work stoppages are scheduled to begin 12:01 a.m. Sunday at BP’s refineries in Toledo, Ohio and Whiting, Ind., Hancock said. BP issued a statement saying it is disappointed the union is launching a...
  • Union rejects sixth refinery offer from Shell, talks recess

    02/05/2015 4:29:36 PM PST · by mdittmar · 15 replies
    yahoo ^ | 2/5/2015 | Erwin Seba Reuters
    HOUSTON (Reuters) - Union leaders on Thursday rejected the sixth contract offer Royal Dutch Shell made to U.S. refinery workers and a pause in negotiations was called on the fifth day of a strike, though talks are expected to resume.
  • USW Oil Workers to Rally at Shell Headquarters

    02/04/2015 3:11:21 PM PST · by mdittmar · 5 replies
    The United Steelworkers (USW) ^ | Feb 04, 2015 | The United Steelworkers (USW)
    HOUSTON – The United Steelworkers (USW) today said that Houston area oil workers will sponsor a noon rally at Shell Headquarters on Friday, Feb. 6, to show management that union members are united in their drive for a fair contract that improves safety throughout the industry.Union members began a strike at nine U.S. refineries and chemical plants in California, Kentucky, Texas and Washington on Feb. 1, after their previous contract expired and industry negotiators, represented by Shell, failed to address serious concerns raised by the USW regarding the health and safety of workers and their communities.USW members account for about...
  • For striking U.S. refinery workers, Shell shocks with a new style

    02/03/2015 5:20:22 AM PST · by thackney · 15 replies
    Reuters ^ | Feb 3, 2015 | ERWIN SEBA
    In fact, the USW enjoys the right to pick which company will head up negotiations and specifically chose Shell this year for its perceived flexibility. Shell forged deals with the union in 2006, 2009 and 2012. Those contracts were considered successes, especially after a months-long walkout in 1980, a time people still talk about as a low point for disputes in the sector. This year, however, was different. John Abbott took over as Shell's refining chief in 2013 and Ben van Beurden became chief executive officer in 2014. This time, there were new faces on the negotiating team from Shell,...
  • Union strikes at 9 US refineries in bid for new contract

    02/01/2015 12:34:34 PM PST · by george76 · 41 replies
    CNBC .. Reuters ^ | Feb 1, 2015 | Lucy Nicholson
    Union leaders called strikes on Sunday at nine U.S. refineries in a bid to pressure oil companies to agree to a new national contract covering workers at 63 plants. The walkouts, the first held in support of a nationwide pact since 1980, target plants that together account for more than 10 percent of U.S. refining capacity. The discord comes as plunging crude prices force oil companies to slash spending. Royal Dutch Shell, the lead industry negotiator, indicated talks had broken down. ... Shell activated a strike contingency plan at its sprawling joint venture refinery in Deer Park, Texas, to keep...
  • Regional refinery trends evolve to accommodate increased domestic crude oil production

    01/18/2015 11:36:36 AM PST · by thackney · 9 replies
    Energy Information Administration ^ | Jan 15, 2015 | Energy Information Administration
    Recent rapid growth in U.S. production of light tight oil has raised interest in understanding how U.S. refineries, many of which are configured to process heavier crude oil, might accommodate increased volumes of domestic light crude. The U.S. refinery fleet, which is distributed across Petroleum Administration for Defense Districts (PADDs), varies both within and across regions in capacity, quality of crude oil inputs, utilization rates, and sources of crude supply. More than 50% of the country's refinery capacity and most of the country's heavy crude processing capacity is located in the Gulf Coast (PADD 3). The region's 51 operating refineries...
  • Phillips 66 boosts 2015 budget

    12/08/2014 5:14:06 AM PST · by thackney · 2 replies
    Houston Business Journal ^ | Dec 5, 2014 | Olivia Pulsinelli
    Phillips 66 (NYSE: PSX) said Dec. 5 its capital budget for 2015 is $4.6 billion, up 18 percent from what it spent in 2014. Including spending for joint ventures DCP Midstream, Chevron Phillips Chemical Co. and WRB Refining, Phillips 66 expects its total capital program to be $6.8 billion next year. Last year, Phillips 66 announced its 2014 capital budget of $2.7 billion, not including joint ventures, in December and increased that to $3.9 billion in July. Here's a basic breakdown of the company's 2015 budget: Midstream:$3.16 billion, plus $550 million for its share of DCP's expenditures Chemicals:$1.45 billion for...
  • Iraq forces break IS siege on key oil refinery

    11/16/2014 12:17:44 PM PST · by thackney · 10 replies
    Xinhua ^ | 2014-11-16 | Xinhua
    Iraqi security forces on Sunday broke the Islamic State (IS) group's months-long siege of the country's largest oil refinery in Salahudin province, a provincial security source said. "In the early morning hours, the security forces and allied tribal fighters took full control of the sprawling Baiji refinery after they secured the roads leading to the refinery buildings and met with those troops inside who have been fighting back the attacks of IS militants for more than five months," the source told Xinhua on condition of anonymity. The army's armored vehicles deployed in the oil installation and started to expand to...
  • Iraq's forces drive IS militants from key town

    11/14/2014 8:25:27 PM PST · by GonzoII · 3 replies
    Associated Press ^ | Nov 14, 4:54 PM EST | HAMZA HENDAWI and JOHN HEILPRIN
    BAGHDAD (AP) -- Iraqi forces drove Islamic State militants out of a strategic oil refinery town north of Baghdad on Friday, scoring their biggest battlefield victory since they melted away in the face of the terror group's stunning summer offensive that captured much of northern and western Iraq. The recapture of Beiji is the latest in a series of setbacks for the jihadi group, which has lost hundreds of fighters to airstrikes by a U.S.-led coalition in a stalled advance on the Syrian town of Kobani. On Friday, activists there reported significant progress by Kurdish fighters defending the town. Iraqi...
  • Iraqi forces retake most of strategic oil town

    11/11/2014 1:27:13 PM PST · by thackney · 3 replies
    Fuel Fix ^ | November 11, 2014 | Associated Press
    Iraqi soldiers battling the Islamic State group recaptured most of the town of Beiji, home to the country’s largest oil refinery, state television and a provincial governor said Tuesday. The strategic town, 250 kilometers (155 miles) north of Baghdad, will likely be a base for a future push to take back Saddam Hussein’s hometown just to the south, one of the main prizes overrun by the extremists last summer. But troops backed by Shiite militias faced pockets of stiff resistance around Beiji, hindering their advance. There was no word on the fate of the refinery, which lies on Beiji’s northern...
  • Exxon, Chevron Show Keeping Refineries Has More Value Than Breakup

    11/03/2014 10:27:27 AM PST · by Citizen Zed · 11 replies
    The Street ^ | 11-3-2014 | John Licata
    Lost in the translation of Exxon's and Chevron's earnings reports was the surprising strength in their respective refinery segments. The same cheaper oil that crimped earnings upstream allowed wider margins in the downstream business. There hasn't been a new refinery built in the U.S. since 1976. So operational efficiency is even more important for integrated oil and gas companies that are now facing a weaker price environment for oil and gas. Softer energy prices means integrated companies can also benefit from cheaper oil prices by strategically creating a more economical product mix which may be useful to help lower operating...
  • Refining Saudi Arabia’s Oil Strategy

    11/03/2014 5:04:58 AM PST · by thackney · 20 replies
    Wall Street Journal ^ | Nov. 2, 2014 | LIAM DENNING
    Those banking on a rebound in oil prices shouldn’t look down. Downstream, that is. Judging by third-quarter results reported last week by the likes of Exxon Mobil and Royal Dutch Shell , the downstream business—oil refining and marketing—is doing just fine. But results are backward-looking, and the quarter that ended in September only partly reflected recent turmoil in oil markets. Since Oct. 1, the Gulf Coast “crack spread,” a proxy for the margins U.S. refiners make on each barrel of oil they process, has plummeted to about $5.50 from almost $16. That is despite the fact that the price of...
  • Exxon sees profit rise on refining strength

    10/31/2014 6:34:07 AM PDT · by thackney · 2 replies
    Fuel Fix ^ | October 31, 2014 | Robert Grattan
    The world’s largest oil and gas company saw profits rise in the third quarter, as strong margins and operations at its chemical and downstream businesses offset a production decline. Exxon Mobil Corp. said its earnings rose 3 percent to $8.07 billion, from $7.87 billion in the same period a year prior. The Irving, Texas-based company reported an earnings per share of $1.89, up from $1.79 in Q3 2013. In a written statement, Exxon CEO Rex Tillerson said that the earnings growth was “driven by higher margins and improved operations in the downstream and chemical businesses,” and had been “partially offset...
  • Phillips 66 profits double on crude price plummet

    10/29/2014 7:27:40 AM PDT · by thackney · 10 replies
    Fuel Fix ^ | October 29, 2014 | Rhiannon Meyers
    Plummeting crude prices worldwide doubled Phillips 66′s profits in the third quarter, providing the company with a cheaper feedstock to run its refineries. Crude oil is, by far, the largest operating expense for the Houston-based company, which operates pipelines and refineries. Phillips 66 purchases about 2 million barrels of oil per day, spending more than $80 billion per year on crude, depending on the price. Falling prices can dramatically cut the company’s costs — a savings of $1 per barrel is worth about $450 million in net income, the company has reported. The company on Wednesday reported earnings of $1.2...
  • North Dakota: $200 million, 20,000-barrel-a-day oil refinery could get green light

    10/22/2014 5:35:18 AM PDT · by TurboZamboni · 6 replies
    Pioneer Press ^ | 10-21-14 | Kevin Bonham
    DEVILS LAKE, N.D. -- A $200 million, 20,000-barrel-a-day clean fuels oil refinery could be operating near Devils Lake within three years. The refinery, similar to one being built in Dickinson, would employ about 100 people and could create as many as 400 spin-off jobs in the area, according to Rachel Lindstrom, executive director of Forward Devils Lake, the region's economic development agency. "It's very exciting for Devils Lake," she said, "a great opportunity." Devils Lake City Commission approved a letter of support for the project this week. The refinery is being proposed by Eagles Ledge Energy Ltd., based in Vancouver,...
  • ISIS Reportedly Captured Saddam’s Chemical Weapons Stockpiles, Attacks Key Refinery

    06/19/2014 4:55:20 PM PDT · by 2ndDivisionVet · 51 replies
    PJ Tatler ^ | June 19, 2014 | Bryan Preston
    Well, here’s some lovely news emerging from the new Iraq. 17.09 Chemical weapons produced at the Al Muthanna facility, which Isis today seized, are believed to have included mustard gas, Sarin, Tabun, and VX. Here is the CIA’s file on the complex. QuoteStockpiles of chemical munitions are still stored there. The most dangerous ones have been declared to the UN and are sealed in bunkers. Although declared, the bunkers contents have yet to be confirmed. These areas of the compound pose a hazard to civilians and potential blackmarketers. Numerous bunkers, including eleven cruciform shaped bunkers were exploited. Some of the...
  • RPT-COLUMN-US refineries fast running out of flexibility on crude: Kemp

    10/09/2014 5:16:27 AM PDT · by thackney · 9 replies
    Reuters ^ | Oct 8, 2014 | John Kemp
    The United States imported more than 7 million barrels per day of crude oil during the first seven months of the year, despite the shale boom, according to the U.S. Energy Information Administration (EIA). Crude imports have fallen from a peak of almost 14 million barrels per day in 2006, but they still account for almost half the barrels processed by U.S. refineries. Some observers have expressed unease about lifting the ban on crude exports while the United States continues to rely on imports to meet such a high proportion of its needs. "With regard to the oil export question,...
  • Energy Quote of the Day: 'We are Still Assessing the Outcome of the Attack on the Refineries'

    10/02/2014 5:11:19 AM PDT · by thackney · 2 replies
    The Energy Collective ^ | October 1, 2014 | Jared Anderson
    The US military partnered with Saudi Arabia and the UAE on air strikes that bombed 12 “teapot” refineries in eastern Syria reportedly used as part of ISIS’ underground oil operations. These small modular refineries – producing 300 to 500 barrels per day of refined products – are major sources of funding for the extremists, generating “as much as $2 million per day,” according to a US Central Command release. “We are still assessing the outcome of the attack on the refineries, but have initial indications that the strikes were successful.” – US Central Command It’s been reported that ISIS is...
  • Pentagon: Most of ISIS’ oil refineries in Syria have been destroyed

    09/30/2014 8:53:54 AM PDT · by GonzoII · 12 replies
    Washington Times ^ | Tuesday, September 30, 2014 | Maggie Ybarra
    The Pentagon says that it has demolished the majority of the oil refineries the Islamic State has been using to fund its terrorist activities and now is systematically destroying the Syria-based stockpiles that support the terrorist network’s fighters in Iraq. Over the past several days, the U.S. military and its Arab nation partners have pummeled eastern Syria with missiles, razing 16 of about 20 Islamic State-controlled oil refineries, a senior Pentagon official said. Now, the multinational operation will focus on hindering the extremist group’s ability to conduct combat in Iraq.
  • Pentagon: New airstrikes target refineries used by ISIS in Syria

    09/24/2014 4:34:04 PM PDT · by plain talk · 48 replies
    CNN.com ^ | September 24, 2014 | CNN
    U.S. and coalition warplanes pounded ISIS positions in eastern Syria on Wednesday, targeting what a Pentagon official described as mobile oil refineries being used by the so-called Islamic State terror group.
  • Fighting Close to Libyan Oilfield, Refinery as Rival 'Oil Minister' Appears

    09/22/2014 5:21:54 AM PDT · by thackney · 1 replies
    Reuters via Rig Zone ^ | September 22, 2014 | Ayman al-Warfalli & Feras Bosalum
    Soldiers and police have clashed in the last few days near Libya's biggest El Sharara oilfield in the south, while separate fighting erupted in the west not far from the Zawiya refinery, residents and medics said. The violence came as video emerged on social media purportedly showing a rival oil minister appointed by an armed opposition group controlling the capital Tripoli giving a speech at the oil ministry. If confirmed this could mean the central government has lost control of the oil ministry, potentially paralysing vital oil exports over questions of ownership. Apparently speaking from the office of the deputy...
  • Texas Refinery Is Saudi Foothold in U.S. Market

    09/14/2014 10:10:28 AM PDT · by Lorianne · 22 replies
    New York Times ^ | 04 April 2013 | Clifford Krauss
    PORT ARTHUR, Tex. — It is hard to imagine the desert sands of the Persian Gulf being any farther away than from this swampy refinery port known for Cajun food, sport fishing and being the birthplace of Janis Joplin. But right in the middle of town stands a strategic outpost for Saudi Arabia’s global ambitions, although one that the Saudis appear loath to publicize. The giant Motiva oil refinery, which just completed a $10 billion expansion that makes it the largest processor of gasoline, diesel and other petroleum products in the United States, is owned by Saudi Aramco and Royal...
  • ISIS sets fire to Iraq’s largest oil refinery

    09/13/2014 3:16:36 PM PDT · by sheikdetailfeather · 31 replies
    Legal Insurrection ^ | 9-13-14 | Amy Miller
    <p>Islamic State militants have set fire to Iraq’s largest oil refinery, escalating tensions in the region and raising questions about how much control ISIS could potentially gain over the world’s oil supply.</p> <p>This isn’t the first time this particular refinery has been attacked; it’s a favorite target of ISIS militants. They have attacked the refinery in the past as a way of securing fuel to smuggle to parties who fund their self-declared “caliphate” in northern Iraq and Syria.</p>
  • COLUMN-Worst time for Saudi Arabia's giant new oil refinery: Russell

    09/10/2014 9:43:33 AM PDT · by thackney · 5 replies
    Reuters ^ | Sep 10, 2014 | Clyde Russell
    If you could pick the worst set of circumstances in which to start up a giant, export-oriented oil refinery, you might well have them right now. Saudi Aramco and joint venture partner Sinopec have started test runs at their 400,000 barrel per day (bpd) Yanbu refinery, located in the oil-rich Middle Eastern kingdom. This puts the new plant on schedule to begin commercial exports in November, possibly even by the second half of October, according to trade sources. Yanbu will be the second major refinery to come online in Saudi Arabia in little more than a year, following the September...
  • Gulf Coast drives surge in U.S. exports of petroleum products

    09/09/2014 7:12:27 AM PDT · by thackney · 3 replies
    Fuel Fix ^ | September 9, 2014 | Rhiannon Meyers
    The Gulf Coast is driving a surge in U.S. exports of petroleum products as refineries run at near-record levels, according to recent reports. In June, the United States on average exported 3.7 million barrels per day of gasoline, distillate, jet fuel, petroleum coke and hydrocarbon gas liquids, according to the most recent data available. That’s an increase of 17 percent, or 543,000 barrels per day, from the same time last year, the Energy Information Administration said in a newly released analysis. Nearly three-quarters of that growth came from the Gulf Coast, where refineries remain “extremely competitive” against their global counterparts...
  • Fire out after BP Whiting refinery explosion

    08/28/2014 5:53:26 AM PDT · by thackney · 4 replies
    Fuel Fix ^ | August 28, 2014 | Collin Eaton
    An explosion shook BP’s biggest U.S. refinery late Wednesday in Whiting, Indiana, but appears to have left no serious injuries after a fire was extinguished. A spokesman for the Whiting Fire Department said Thursday a compressor at the refinery exploded, causing a blast that was felt at the station one-half mile away from the refinery. It caused a fire at the facility, but no injuries were reported, he said. One worker was taken to the hospital as a precaution, but was later released, BP spokesman Scott Dean said in an emailed statement. The London oil company said the fire was...
  • Eagle Ford wave lifts Blue Dolphin Energy refinery

    08/21/2014 5:30:24 AM PDT · by thackney · 1 replies
    Fuel Fix ^ | August 21, 2014 | Vicki Vaughan
    The Eagle Ford Shale is boosting the fortunes of Blue Dolphin Energy Co., which took a chance when it bought a rusty, mothballed refinery in the small town of Nixon about seven years ago. Blue Dolphin bought the plant out of bankruptcy before the promise of the Eagle Ford was apparent. The company spent tens of millions refurbishing the plant and restarted it in early 2012. Nixon, which is about 54 miles east of San Antonio, straddles Gonzales and Wilson counties in a booming part of the shale play. The plant buys every drop of its crude oil from drillers...
  • Gulf Coast to benefit from refinery retrofits

    08/21/2014 5:27:02 AM PDT · by thackney · 2 replies
    Fuel Fix ^ | August 21, 2014 | Rhiannon Meyers
    The Texas Gulf Coast will be ground zero for a push to equip refineries to handle a flood of light crude unlocked in the U.S. shale boom, but the investments will be relatively conservative, a petrochemical consultant said Wednesday. Refiners won’t spend the big bucks they dropped when they retooled to handle heavy, high-sulfur crude several years ago, largely because it’s cheaper and simpler to modify a refinery to process lighter crude, said Jim Jones, senior vice president at Dallas-based petrochemical consulting firm Turner, Mason and Company. “It won’t be a $5 billion investment, it will be a couple million...
  • Recent improvements in petroleum trade balance mitigate U.S. trade deficit

    07/21/2014 5:28:31 AM PDT · by thackney · 3 replies
    Energy Information Administration ^ | JULY 21, 2014 | Energy Information Administration
    Since the mid-1970s, the United States has run a deficit in merchandise trade, meaning that payments for imports exceeded receipts for exports. This large and growing deficit on the merchandise trade balance reached a maximum of $883 billion in the second quarter of 2008. As a result of the recession, dramatic declines of imports in excess of exports during the fourth quarter of 2008 and the first quarter of 2009 reduced the merchandise trade deficit by 49%, to $449 billion in the second quarter of 2009. This trend of declining imports resulted in the lowest quarterly deficit level since early...
  • Tesoro Refinery fire, Anacortes, Washington

    07/16/2014 6:39:38 PM PDT · by WhiskeyX · 38 replies
    WhiskeyX | 2014-07-16 | WhiskeyX
    At least two large fires that appear to be uncontrolled are visible at the Tesoro Refinery, Anacortes, Washington. No further information is available at this time. The Tesoro website does not say anything about the fires yet.
  • 2014 U.S. petroleum refinery update: capacity edges up, ownership shifts

    06/30/2014 5:11:16 AM PDT · by thackney · 6 replies
    Energy Information Administration ^ | June 30, 2914 | Energy Information Administration
    As of January 1, 2014, there were 139 operating refineries and 3 idle refineries with total atmospheric crude oil distillation capacity (ACDU) of 17.9 million barrels per calendar day (bbl/cd), a 101,000-bbl/cd increase in capacity from January 1, 2013. In 2013, four refineries changed ownership, continuing the trend of a handful of sales each year. This information is detailed in EIA's recently released Refinery Capacity Report, which surveys U.S. refinery ownership and capacity annually at the start of each year. Valero Energy Corporation remains the largest U.S. refiner, with total ACDU capacity of more than 1.9 million bbl/cd. Exxon Mobil...
  • Iraqi air strikes kill 38 in Baiji

    06/25/2014 10:34:15 AM PDT · by thackney · 15 replies
    Gulf Daily News ^ | June 25, 2014 | Gulf Daily News
    Air strikes killed at least 38 people yesterday as security forces held off attacks on a strategic town and an oil refinery, officials and witnesses said. In the town of Baiji, north of Baghdad, air strikes killed at least 19 people and wounded at least 17 in the morning, while further raids in the evening killed six more. Officials said the dead and wounded were civilians, and it was unclear if there were any casualties among the militants, who were the target of the strikes. State television said 19 "terrorists" were killed in the earlier Baiji raids. In the Husseibah...
  • Praviy sector continues his struggle against the terrorists' sponsors

    06/25/2014 7:22:21 AM PDT · by Freelance Warrior · 3 replies
    Praviy Sector official site ^ | 06/25/2014 | Praviy Sector
    This morning the special unit "Sich" of Praviy Sector has seized control over Dolin's oil refinery in Kirovograd province. The action was carried out as a part of a Praviy Sector's programme which is targeted at sponsors of the separatist movement in Donbass. The plant belongs to organisations affiliated with a "Partia Regionov" party MP Rooslun Tsyplakov, who is close with the Yanukovich's family and has fled to Moscow while his brother Sergei is a leader of the terrorist organisation "Donetsk People's Republic". The takeover was decided after Praviy Sector had been informed by the refinery's employees that the company...
  • BBC News Struggle for Iraq:Kurdish snipers in fierce gun battle w/Isis fighters [Disturbing images]

    06/24/2014 10:50:52 PM PDT · by JerseyanExile · 10 replies
    Global BBC News Youtube ^ | Jun 20, 2014 | BBC
    There has been more fierce fighting in Iraq as Isis forces battle to control areas in the north and east of the country. The fate of the country's biggest oil refinery remains unclear, as fighting continues between Sunni jihadists led by Isis, and Iraqi government and Kurdish forces. The BBC's Fergal Keane went to Jalula in northern Iraq, and obtained exclusive footage of Isis suspects surrendering to Kurdish forces. Link
  • Iraq Crisis: Key Oil Refinery 'Seized by Rebels'

    06/23/2014 9:07:42 PM PDT · by nickcarraway · 6 replies
    Sunni rebels in Iraq say they have fully captured the country's main oil refinery at Baiji, north of Baghdad.The refinery had been under siege for 10 days with the militant offensive being repulsed several times. The complex supplies a third of Iraq's refined fuel and the battle has already led to petrol rationing. Insurgents, led by the group Isis, have overrun a swathe of territory north and west of Baghdad including Iraq's second-biggest city, Mosul. They are bearing down on a vital dam near Haditha and have captured all border crossings to Syria and Jordan. A rebel spokesman said the...
  • Hundreds of Troops Remain Surrounded in Iraq's Key Refinery, Says US Official

    06/22/2014 10:24:24 AM PDT · by mojito · 17 replies
    ABC News ^ | 6/21/2014 | Martha Raddatz
    Hundreds of Iraqi troops battling for control of the vital Baiji oil refinery are outnumbered, surrounded and remain trapped inside the facility, a U.S. official told ABC News. The battle for the refinery was in its fifth day today, although fighters for the radical Islamic militia ISIS have apparently taken control of much of the facility and are willing to keep the government forces isolated until they run out of food and ammunition, sources said. [....] Both sides have claimed to be in control of the facility, but witnesses have reported that ISIS has hung its black banners from the...
  • Hundreds of Troops Remain Surrounded in Iraq's Key Refinery

    06/21/2014 5:45:35 AM PDT · by Citizen Zed · 16 replies
    abc news ^ | 6-21-2014 | MARTHA RADDATZ
    BAGHDAD, Iraq — Hundreds of Iraqi troops battling for control of the vital Baiji oil refinery are outnumbered, surrounded and remain trapped inside the facility, a U.S. official told ABC News. The battle for the refinery was in its fifth day today, although fighters for the radical Islamic militia ISIS have apparently taken control of much of the facility and are willing to keep the government forces isolated until they run out of food and ammunition, sources said. "There is very little the Iraqi government can do to save or liberate those guys," a U.S. official told ABC News. There...