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

Enbridge Pipe Reversal to Deliver U.S. Shale Oil to Canadian Refineries

After capturing a healthy and growing share of Canadian natural gas consumption with shale production from the United States, exploration and production companies are poised to repeat the feat in oil markets.

August 12, 2013

Industry Briefs

Major environmental groups leading opposition to the northern portion of the proposed $7 billion, 1,700-mile Keystone XL oil pipeline project from Alberta to refineries in the Gulf of Mexico region lashed out at the U.S. State Department last Friday for not making public the comments being collected on the project’s draft supplemental environmental impact statement (see Shale Daily, March 4). Effectively, the only way to hear and respond to public comments on the draft study will be at a hearing scheduled for April 18 in Grand Island, NB, said a Friends of the Earth spokesperson, calling the move “unusual.” This is prompting the foes of Keystone XL to claim the State Department is violating public transparency practices followed by other federal agencies regarding draft environmental studies. The stakeholders are in the middle of a 45-day comment period on the proposed northern portion of TransCanada Corp.’s controversial tar sands oil pipeline from Western Canada to Cushing, OK.

April 2, 2013

Nebraska DEQ Issues Final Keystone XL Report

Nebraska environmental officials on Friday issued a final evaluation report regarding TransCanada Corp.’s alternative route for the norethern portion of its proposed Keystone XL oil pipeline. The rerouting avoids environmentally sensitive areas in the Sand Hills region of the state, and carries 57 special conditions that TransCanada has agreed to fulfill.

January 7, 2013

Pennsylvania Cracker Tax Break Deal Could Total $1.675B

Pennsylvania Gov. Tom Corbett is reportedly seeking up to $1.675 billion in tax credits over the next 25 years for Royal Dutch Shell plc and other companies willing to locate an ethane cracker in the state.

June 6, 2012

Keystone XL Re-Application to Feds Two Months Away

The promised re-application of a newly split two-part Keystone XL oil pipeline project to the U.S. State Department is still six to eight weeks away, a Calgary, Alberta-based spokesperson for TransCanada Corp. told NGI’s Shale Daily.

March 20, 2012
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