Sentences with phrase «for oil refining»

The new work yields insights into how to improve the industrial catalyst for oil refining, chemicals processing and environmental uses.

Not exact matches

Weakness in the company's fuel refining and chemicals businesses dragged on an upbeat quarter for Exxon's unit that focuses on producing oil and natural gas.
LONDON, April 30 - For all the bullish chatter, hedge fund managers have become cautious about increasing their exposure to crude oil, though they are becoming increasingly optimistic about the outlook for refined fuels agaFor all the bullish chatter, hedge fund managers have become cautious about increasing their exposure to crude oil, though they are becoming increasingly optimistic about the outlook for refined fuels agafor refined fuels again.
Companies that refine and sell petroleum products pay market price for oil, so their costs are rising, but a shaky economy makes it harder for them to pass costs on to customers.
The upshot: For now investors should avoid pure - play downstream companies like Marathon Petroleum (mpc), which has focused on refining, retail gas sales, and transport since being spun off from Marathon Oil (mro) in 2011.
For example, refining margins tend to expand when oil prices decline as the savings refiners reap from using cheaper crude to make gasoline and other products aren't immediately passed on to consumers at the pump.
For the oil - trading community, the fall of hedge fund manager Andy Hall signaled a heavy blow, but while commodity funds continue to shutter their doors, some are finding other ways to make money, including trading refining margins and calendar spreads.
In early March, as rebels fought for control of the country's east coast ports, where much of the country's oil is refined or shipped abroad, the price of the American crude contract (West Texas Intermediate, or WTI) broke US$ 100 for the first time since 2008.
The oil market is really multiple sub-markets for crude, fuels, refining, services, engineering, construction, drilling, skilled labour, steel, raw materials etc..
The industry as a whole has been churning out gasoline hard for the past year, as a golden period of refining margins emerged out of the ashes of the crude oil rout.
Of course, it wouldn't be impossible for them to refine the very light oil that, say, comes out from the Bakken region, the epicentre of the fracking revolution.
NuStar Energy L.P. is the proud owner of 8,643 miles of pipeline and 81 storage and distribution facilities for crude oil, refined products and specialty liquids.
His strategy for BBL was to trade oil «across the barrel» — refined products as well as crude itself — and to stay focused on short - term opportunities while keeping one eye on the horizon.
Imperial Oil Ltd. spokesman Jon Harding said Tuesday the Calgary - based company, which ships refined products on Trans Mountain, «understands the rationale» for Bill 12 and will comply if it's passed but hopes a solution can be found that negates the need for its use.
At Exxon, weak refining results were coupled with lower oil production, fueling concern about Chief Executive Officer Darren Woods» turnaround plan for the world's largest publicly traded oil producer.
The U.N. Security Council has unanimously boosted sanctions on North Korea since 2006 in a bid to choke off funding for Pyongyang's nuclear and ballistic missile programs, banning exports including coal, iron, lead, textiles and seafood, and capping imports of crude oil and refined petroleum products.
In the case of limiting exports of refined fuel to B.C., he said, the government could argue it is simply pursuing a policy of enhancing value by relieving a glut of unprocessed oil from the oilsands for the good of its citizens.
A day earlier the American Petroleum Institute had estimated crude oil inventories had risen for the second week in a row, by a hefty 6.18 million barrels, which was only to be expected as the market is prepared for the Hurricane Harvey effects on Gulf Coast refining to linger for another few weeks.
Because oil and refined products are traded in dollars, their import costs rise for countries using other currencies, potentially crimping demand.
When things get back to normal, there will be strong demand for both crude oil and refined products.
Since then, China's state owned refining company, Sinopec paid more than $ 4.5 billion for a 9 % stake in Syncrude, the largest oil sand producer in the province.
This slump will probably lead to lower demand for Saudi oil, as U.S. production and refining capacity return to normal.
The Downstream segment comprises refining of crude oil into petroleum products; marketing of crude oil and refined products; transporting of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives.
It is important for oil and refined product imports and exports, it is an important storage area for oil and refined products, and much of the Strategic Petroleum Reserve is close by.
The conditions precipitating this change — lower volumes and value of crude oil from Mexico, and increasing demand from Mexico for refined products from the U.S. as prices are rising — may not be the new normal.
Disrupted refining capacity along the Gulf Coast, along with the impact on millions of motorists, took a large bite out of oil demand, leading to temporary losses for WTI.
The U.S. refines crude oil — including the imports from Canada — both for its own consumption and for export.
The refinery will feature state - of - the - art design, specifically for processing Alberta oil sands heavy crude oil, and engineered to be the cleanest upgrading and refining site in the world.
(b) whether adequate supplies and reserves of natural gas, crude oil and refined fuels will be available for Alberta's present and future needs, and
Refining and production are, for the most part, separate activities — they don't benefit much from integration in the physical sense (oil sands upgrading from mines is a bit of an exception, since the waste heat from the upgrader can feed the extraction plant).
This isn't a matter of collusion or market power, it's simply a matter of a broad market for refined products not affected in the same way by pipeline shortages and transportation bottlenecks which affect crude oil prices in one region but not another.
The Fed said Hurricane Harvey was responsible for most of the decline by depressing oil drilling, petroleum refining and other industrial activity.
Unfortunately for American drivers, a large percentage of U.S. gasoline is refined from oil priced off of Brent, not WTI.
Crude oil or refined petroleum — which may have been made from oil produced elsewhere — is the top export for six states, including Texas and North Dakota.
«As we expand our heavy oil production, we will look for opportunities downstream,» Peabody said of potentially buying more refining capacity.
These hydrocarbons, which are also burned for heating and cooking and blended into vehicle fuel, are extracted from the natural gas production stream or produced as a by - product of refined oil.
BEIJING (AP)-- PetroChina Ltd., China's biggest oil producer, says its profit rose 12.4 percent last year after higher retail gasoline prices helped to narrow heavy losses for its refining unit.
In any event, the shortages will be in the refined products market much more so than for crude oil.
Economists had expected a deficit of $ 2 billion for 2018's second month, and are blaming the large deficit on an increase in energy imports which hit their highest level since November 2014 (the country saw imports in crude oil and refined petroleum products grow 15.4 % and 24.1 % respectively).
A preamble to an Act can not creates rights and obligation for persons but it can and should be used in the interpretation of the Act, and especially open textured provisions of the Act such as the power of the Minister under s 2 (3)(c) to consider any matter she considers relevant when making an order to require a person to obtain a licence for the export of natural gas, crude oil or refined fuels.
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WHEREAS the Government of Alberta is responsible for ensuring the interests of Albertans are optimized prior to authorizing the export from Alberta of natural gas, crude oil or refined fuels; and
Sulfuric acid is soluble in water and has many uses in the chemical industry, including for lead - acid car batteries and oil refining.
But if you really want to make it free of refined sugar, you can omit the Oreo - based crust and use the following recipe for a 9 - inch fluted tart pan: 1 1/2 cups almond flour, 1/3 cup unsweetened cocoa powder, 1/4 cup raw agave syrup or coconut sugar, 3 tablespoons coconut oil, and 1/4 tsp sea salt.
If you look at the post again, you'll see that I use refined coconut oil because I don't care for the strong taste of virgin coconut oil when not countered with an equally strong flavor like chocolate.
I prefer refined coconut oil for this recipe, because there is no coconut flavor or aroma at all.
For example, to represent 100 tonnes of refined palm oil, the certificate buyer must purchase enough certificates to fund 106 tonnes of crude palm oil — with the loss of six tonnes» worth of certificate funds.
Currently, certificates must represent the required volume of crude palm oil from which the refined material will be produced — meaning the buyer pays for more certificates than the material used.
I used Bob's Red Mill 1 to 1 Baking flour, refined coconut oil (for the neutral tasting oil) and coconut milk (the refrigerated carton type, not the can) and they came out amazing!
Tacos: Butter, lard, duck fat, or refined, expeller pressed coconut oil (2 - 3 TBS)-- where to buy coconut oil Cumin (1 tsp) Cayenne pepper (1/4 tsp) Oregano, dried (1 tsp) Brisket, grass - fed (3 lbs)-- where to buy brisket Sea salt Black pepper, freshly ground — where to buy black pepper Beef or chicken stock, ideally homemade, or store bought organic (4 cups)-- click here for my beef stock recipe; click here for my chicken stock recipe Arrowroot or corn starch (2 - 3 TBS)-- where to buy cornstach Sprouted corn tortillas, organic, homemade or store bought (1 package) Cheese, grass - fed, organic (4 oz)-- where to buy cheese Sour cream, grass - fed, organic (1 container)
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