Refineries

PBF Looking to Convert Louisiana Hydrocracker to Produce Renewable Diesel

PBF Looking to Convert Louisiana Hydrocracker to Produce Renewable Diesel

PBF Energy Inc. may convert an idled hydrocracker unit at its Chalmette refinery near New Orleans into a renewable diesel production complex, which could expand the job force and other opportunities. The refining giant said it may invest $550 million to retrofit one hydrocracker unit that has been out of operation since 2010. Also being…

June 25, 2021
ExxonMobil Looks to Add Jobs, Cut Emissions at Louisiana Refinery Complex in Baton Rouge

ExxonMobil Looks to Add Jobs, Cut Emissions at Louisiana Refinery Complex in Baton Rouge

ExxonMobil on Wednesday sanctioned a $240 million-plus investment to improve its Baton Rouge, LA, refinery operations, which include installing technology to reduce emissions. Project construction is expected to begin later this year at the refinery, which has crude capacity of about 517,000 b/d.  The new suite of projects are geared toward improving processing capability, flexibility…

June 10, 2021
Phillips 66 Investing in Iowa Soybean Feedstock for Renewable Fuels

Phillips 66 Investing in Iowa Soybean Feedstock for Renewable Fuels

Houston-based Phillips 66 has bolstered its burgeoning renewable fuel projects portfolio with an investment in an Iowa feedstock plant. Phillips 66 recently announced that it would have a minority ownership in Shell Rock Soy Processing (SRSP) in Shell Rock, IA. The companies also agreed to purchase 100% of the plant’s soybean oil production to convert…

April 23, 2021
Texas Freeze Forced Biggest Cut to Gulf Coast Refinery Operations Since 2017, EIA Says

Texas Freeze Forced Biggest Cut to Gulf Coast Refinery Operations Since 2017, EIA Says

The frigid temperatures that descended into Texas in February and paralyzed the state’s energy grid caused the largest reduction in Gulf Coast refinery operations in nearly five years, the U.S. Energy Information Administration (EIA) said in a research note Monday. Gulf Coast refinery runs decreased by 2.4 million b/d, or 28%, to 6.3 million b/d…

March 1, 2021
Oklahoma Natural Gas Prices Hit Fresh $1,250/MMBtu High as Industry Struggles Continue Amid Record Cold

Oklahoma Natural Gas Prices Hit Fresh $1,250/MMBtu High as Industry Struggles Continue Amid Record Cold

Amid a seemingly never-ending wave of Arctic air that crippled infrastructure in the so-called energy capital of the world and across the country’s midsection, resulting in widespread power outages, natural gas prices continued to reach new heights in Oklahoma on Wednesday. Next-day gas prices soared into the thousands in the Sooner State, according to NGI…

February 17, 2021
IMF Urges Mexico to Curb Refining Plans, Warns of Policy Uncertainty Weighing on Investment

IMF Urges Mexico to Curb Refining Plans, Warns of Policy Uncertainty Weighing on Investment

In the midst of a global pandemic and a once-in-a century recession, Mexico needs to do a better job of allocating spending and stimulating investment to help with the economic recovery, according to a new report by the International Monetary Fund (IMF). Regarding energy, the IMF team was critical of state oil company Petróleos Mexicanos…

October 8, 2020

Refineries An Option for Native Americans to Overcome Energy Growth Roadblocks, Says Expert

With numerous roadblocks to energy development on Native American tribal lands, the complex industrial development that accompanies petroleum refineries may be a way for some tribes to get into the energy sector in a big way, according to Denver-based attorney.

April 5, 2017
50,000 b/d South Texas Crude Refinery Would Tie Eagle Ford With Mexico

50,000 b/d South Texas Crude Refinery Would Tie Eagle Ford With Mexico

The would-be developer of a major new refinery complex in South Texas aims to come between Eagle Ford Shale crude supply and Mexico’s demand for gasoline and other fuels. The project would be the first major Texas refinery built in decades.

December 8, 2016

Feds, Marathon Petroleum Reach $335M Deal on Refinery Flare Pollution Reduction

The Obama administration and Ohio-based refinery operator Marathon Petroleum Corp. said on Thursday they have reached an agreement under which Marathon will spend nearly $335 million to reduce gas flare air pollution at its refineries in Illinois, Kentucky, Louisiana, Michigan and Ohio.

June 10, 2016
California Gets Ready for Uptick in Rail Oil Shipping

California Gets Ready for Uptick in Rail Oil Shipping

Robust crude oil production driven by the shale revolution has produced significant increases in the railroad shipment of oil, and in the next few years that means an almost quantum leap in shipments to California’s major West Coast refineries, according to state energy projections. In two years, more than a quarter of the oil processed is expected to come via rail.

April 15, 2014
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