Refinery

Shell Eyeing $15-22B in 2Q Impairments from Covid-19’s Crushing Impact to Demand, Prices

Shell Eyeing $15-22B in 2Q Impairments from Covid-19’s Crushing Impact to Demand, Prices

Royal Dutch Shell plc expects to impair up to $22 billion in the value of its global natural gas and oil assets for the second quarter, citing the challenges from Covid-19 that have slammed commodity prices and energy demand. The supermajor said it was adapting “to ensure the business remains resilient.” A revised forecast for…

June 30, 2020

Alberta Offers Financial Backing for Proposed Oilsands Refinery

The Alberta government offered a C$440 million ($330 million) loan guarantee Tuesday to a proposed refining customer for Canada’s top industrial natural gas user, thermal oilsands production.

January 23, 2019
Mexico President-Elect’s New Refinery Ballot Initiative Passes

Mexico President-Elect’s New Refinery Ballot Initiative Passes

Mexico’s incoming government plans to build an oil refinery in the city of Dos Bocas, Tabasco state, following a public vote on the project last weekend.

November 28, 2018
North Dakota Refinery Construction Stalled by Court Challenge

North Dakota Refinery Construction Stalled by Court Challenge

Construction on a crude oil refinery in North Dakota billed as the “cleanest” and first new U.S.-based facility in 50 years is ongoing despite a lawsuit that challenges the legitimacy of the state’s permitting process.

November 16, 2018

Harvey’s Impact on Eagle Ford ‘Difficult to Quantify,’ Says Raymond James

The Texas Gulf Coast was drying out Tuesday, more than a week after Harvey pummeled the region and dumped record rainfall across the Greater Houston area, the nation’s largest energy complex. The oil and natural gas industry was back to work after the Labor Day holiday, while experts were attempting to make sense of long-term impacts from the devastation.

September 5, 2017

Tesoro Acquires Bakken Refinery in North Dakota From MDU Resources

A unit of San Antonio, TX-based Tesoro Corp. on Tuesday acquired the Dakota Prairie Refinery in the Bakken Shale play in North Dakota from a unit of Bismarck-based MDU Resources Group. The new refinery opened last year and was losing money for MDU.

June 28, 2016
MDU Considering Sale of Interest in Struggling Bakken Refinery

MDU Considering Sale of Interest in Struggling Bakken Refinery

Bismarck, ND-based MDU Resources Group is considering a sale of its interest in a new Bakken Shale-based diesel refinery in North Dakota that began operations last year only to hit the wall in the first quarter due to depressed drilling activity.

May 5, 2016
MDU Considering Sale of Interest in Struggling Bakken Refinery

MDU Considering Sale of Interest in Struggling Bakken Refinery

Bismarck, ND-based MDU Resources Group is considering a sale of its interest in a new Bakken Shale-based diesel refinery in North Dakota that began operations last year only to hit the wall in the first quarter due to depressed drilling activity.

May 5, 2016
California Firm Pursues Refinery in North Dakota

California Firm Pursues Refinery in North Dakota

Privately held Meridian Energy Group Inc. made initial filings Wednesday to develop a refinery in the Bakken Shale play in Billings County, ND.

March 24, 2016
MDU Resources Opens Joint Venture Bakken Refinery

MDU Resources Opens Joint Venture Bakken Refinery

Bismarck, ND-based MDU Resources Group Inc. recently opened a 20,000 b/d capacity diesel refinery in Dickinson, ND, as a joint venture with Calumet Specialty Products Partners LP, a hydrocarbon products firm.

July 23, 2015
‹ Previous 1 2 3 4