Mexico Energy Minister Rocío Nahle and Petróleos Mexicanos (Pemex) CEO Octavio Romero Oropeza took the stage during President Andrés Manuel López Obrador’s morning press conference on Tuesday to outline their plans for getting to energy self sufficiency and boosting natural gas output. With a three-year plan focused heavily on the downstream, the two officials said…
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Mexico’s AMLO Touts U.S. Approval of $596M Deer Park Refinery Purchase
Mexico president Andrés Manuel López Obrador said Wednesday that the U.S. Treasury Department has approved Shell plc’s sale of its 50.005% stake in the Deer Park, TX, oil refinery to Mexican state oil company Petróleos Mexicanos (Pemex). The 340,000 b/d refinery currently operates as Deer Park Refining LP, a joint venture between Shell and Pemex.…
NOLA Terminal on Mississippi Designed for Largest Crude Tankers Ever
NOLA Oil Terminal LLC has begun construction on the first phase of a $930 million oil and refined products terminal on the Mississippi River in Plaquemines Parish, LA. “NOLA Oil Terminal will be the first of its kind in the region, allowing Mississippi River access for much larger vessels, such as the New-Panamax and the…
Labor Clashes Intensify at Mexico’s Dos Bocas Refinery as AMLO Policies Questioned
Videos circulated on Wednesday of violent clashes between security forces and striking employees of construction firm ICA Fluor at the Dos Bocas oil refinery construction site in Mexico’s Tabasco state. Workers reportedly are demanding better pay and working conditions before resuming work on the refinery, one of the flagship public works promoted by President Andrés…
BP Investing in West Coast Refinery to Expand Renewable Diesel, Reduce Emissions
BP plc is pouring $269 million into three projects at its Cherry Point Refinery in Washington to improve efficiencies, reduce emissions and increase renewable diesel production capability. The projects, slated to create 200-plus construction jobs, 25 engineering jobs and 40 support roles, align with the integrated energy major’s goal to be net zero emissions across…
Ida’s Path of Destruction Dogging Natural Gas, Oil Operations in Louisiana, Offshore
Hurricane Ida may be long gone, but bitter memories of its torrid march through the Gulf of Mexico (GOM) and into the Lower 48 were slowing recovery efforts by the natural gas and oil industry. Producers that work offshore were struggling to return crews to platforms and rigs on Friday. Extensive damage in Louisiana’s Houma…
Citgo’s Refining Unit in South Texas Disrupted as Covid Cuts Oxygen Supply
Citgo Petroleum Corp. shut down a key component of its Corpus Christi, TX, refinery following an oxygen supply disruption from a vendor because of increased demand from the medical industry. In a filing with the Texas Commission on Environmental Quality (TCEQ) last Thursday (Sept. 2), Citgo said it shut down the Sulfur Recovery Unit B-Train…
Imperial Oil Eyes Renewable Diesel Using CCS, Blue Hydrogen for Edmonton Refinery
Imperial Oil Ltd.’s Strathcona refinery in Edmonton is looking to add up to 20,000 b/d of renewable diesel to the mix as soon as 2024, enabling emissions from Canada’s transport sector to decline by as much as 3 million metric tons/year. The ExxonMobil affiliate’s complex as designed would use locally grown plant-based feedstock and hydrogen…
Cenovus Swings to Profit on Rising Prices, Refinery Demand
Rising consumer demand for fuels from an expanded refinery and retail chain as the Covid-19 pandemic faded helped propel sharply improved financial performance by Cenovus Energy Inc. in the first six months of this year. The Calgary firm’s downstream chain of 1,073 service stations and five U.S. refineries – two in Ohio and one each…
Suncor Sees Oil Prices Jump Sharply, Commits 10% of Capital to GHG Initiatives
Calgary-based Suncor Energy Inc. saw its earnings jump in the first half of the year, as oil demand rose and the pandemic receded, resulting in the North American retail unit standing out as the growth star. Maintenance turnaround projects, which limited production and sales by the refineries and oilsands operations during 2020 and early this…