The results may seem esoteric, but they could have big implications for everything
from oil refining to microfluidic «lab - on - a-chip» technologies.
Not exact matches
CEO Rob Peabody said Husky cut back heavy
oil production by about 5,000 barrels per day in the first quarter and substituted mainly blended bitumen bought
from other Alberta oilsands companies to send to its U.S. refineries in Ohio and Wisconsin or to the
refining complex on the U.S. Gulf Coast.
Fourth - quarter profits in Exxon's downstream sector, which is focused on
refining crude
oil into fuels like gasoline, also rose $ 323 million
from a year earlier.
Lewenza recommends buying stocks in integrated companies — those that both produce and
refine oil, so that one part of the business is essentially benefiting
from the misfortune of the other — as well as in
oil transportation, such as pipeline companies.
Potential U.S. sanctions on sales of light crude to Venezuela's
oil company PDVSA would hamper its already weak
refining network while leaving at least one tanker in limbo, according to a source
from the state - run firm and Thomson Reuters data.
Downstream companies make money on the difference between the price of crude and the price of the
refined petroleum extracted
from it (a difference known as the «crack spread»), while midstreaming is a volume business (ship more
oil, earn more money).
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.
Meanwhile the carbon footprint on conventional
oil — especially when shipped
from farther afield and
refined from ever - heavier crudes — is increasing.
As it is currently planned the twin pipeline will carry 525,000 barrels of bitumen a day
from the
oil sands west to a terminal in Kitimat on the B.C. coast, where it could be shipped to Asian refineries, as well as
refined oil products used to dilute the bitumen flowing east.
Shell led the charge, more than tripling profits in the second quarter
from a year ago, boosted by its
refining and chemicals business and a 16 percent rise in
oil prices.
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.
The integrated producers — companies that both produce and
refine oil — are trading at 6.4 times cash flow, down
from the eight times they were trading at in June.
With much of the world's accessible, light crude of this sort now exhausted, more and more of the
oil we consume comes
from heavy grades (the so - called bitumen derived
from oilsands being among the heaviest) that require more
refining and therefore entail higher emissions and other undesirable byproducts.
But Alberta heavy
oil is sometimes fetching as little as half the world price due to the competition
from U.S. - produced shale
oil and a shortage of pipelines to get the crude to the coasts and other
refining markets.
The Alberta government said Monday it might restrict shipments on the existing 300,000 - barrel - per - day Trans Mountain pipeline
from Edmonton to the Vancouver area to diluted bitumen, thus halting the
refined products and light
oil it carries.
HOUSTON, April 27 (Reuters)- Weak
refining margins hurt Exxon Mobil Corp and Chevron Corp's first - quarter profit, cutting into overall gains
from rising
oil prices.
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.
Second, it takes time to ship the
oil from the hub (where crude prices are set, say, Cushing, Okla., or Edmonton) to the refinery, to store it, to
refine it and finally truck it to retailers.
Reduce America's dependence on foreign
oil because ICC's three chemical replacement feedstock products are now derived
from refined crude
oil.
Suncor Energy Inc. is barreling ahead on the ramp - ups of the Fort Hills and Hebron
oil megaprojects as its
refining operations protect it
from the pipeline shortages and lower prices Continue Reading
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.
The U.S.
refines crude
oil — including the imports
from Canada — both for its own consumption and for export.
«Based on the Saudi current - account balance, Aramco had revenues of $ 160 billion last year
from just
oil and
refined products exports when the average price of
oil was $ 43 a barrel,» Fareed Mohamedi
from the Rapidan Group said.
Idaho gets most of its
oil from Wyoming, and the
oil is
refined in Salt Lake City, which adds a transport cost that the customer ends up paying.
(e) the conditions under which the export
from Alberta of natural gas, crude
oil or
refined fuels by the licensee may be diverted, reduced or interrupted;
(c) the maximum quantities of natural gas, crude
oil or
refined fuels that may be exported
from Alberta during the interval or intervals set out in the licence;
Section 2 (1) of Bill 12 refers to
refined products which (oddly) do not fall under the primary production
from natural resources, which are defined so as to include crude
oil and natural gas but, «not a product resulting
from refining crude
oil,
refining upgraded heavy crude
oil,
refining gases or liquids derived
from coal or
refining a synthetic equivalent of crude
oil.»
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).
(a) the point at which the licensee may export
from Alberta any quantity of natural gas, crude
oil or
refined fuels;
The Venezuela state
oil company PDVSA, which has borrowed more than $ 6bn
from Kremlin - controlled Rosneft, caused consternation in Washington last year after putting up a 49.9 percent stake in its US - based
refining subsidiary, Citgo, as collateral against a portion of the loan.
Islamic State gets money
from oil, both crude and
refined, by selling it on the black market to smugglers, who transport it, usually by truck, to surrounding countries.
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.
And while there is pressure on pricing in the industry, global
oil consumption has continued to grow and the
oil must move
from production to
refining operations.
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.
It's a cute theory, but the real reason global
oil prices are falling doesn't have much to do with a bump in the amount of
refined products that are being exported
from the U.S..
Although current U.S. law prohibits raw crude
from being sold abroad, the sale of 3.5 million barrels a day of
refined products such as gasoline and diesel is, ostensibly, helping to keep a cap on the price of
oil elsewhere in the world.
Chevron's
refining business, which processes crude
oil into fuels like gasoline, saw profits surge 70 percent
from last year to $ 1.8 billion.
Profit
from refining oil into fuels jumped 59 percent to $ 2.2 billion.
These excluded products consisted of «manufactured products» (inapplicable in the present context) and products «resulting
from refining crude
oil,
refining upgraded heavy crude
oil,
refining gases or liquids derived
from coal or
refining a synthetic equivalent of crude
oil».
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
Ingredients: Purified water, glycerin, caprylic acid triglycerides
from highly
refined coconut
oil (Bulletproof Brain Octane
oil), natural flavors, phosphatidylcholine, palmitic acid, oleic acid, ubiquinone, pyrroloquinoline quinone, gum arabic, xanthan gum.
It comes
from cold pressing of the olives, contains no more than 0.8 % acidity and may not contain any
refined oil.
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.
Fractionated «coconut
oil», sometimes referred to as «MCT Oil» and more recently marketed as «Liquid Coconut Oil,» is a refined product derived from coconut o
oil», sometimes referred to as «MCT
Oil» and more recently marketed as «Liquid Coconut Oil,» is a refined product derived from coconut o
Oil» and more recently marketed as «Liquid Coconut
Oil,» is a refined product derived from coconut o
Oil,» is a
refined product derived
from coconut
oiloil.
The older way of producing
refined coconut
oil was through physical / mechanical refining (see Tropical Traditions Expeller Pressed Coconut Oil), but more modern methods may also use chemical solvents to extract all the oil from the copra for higher yiel
oil was through physical / mechanical
refining (see Tropical Traditions Expeller Pressed Coconut
Oil), but more modern methods may also use chemical solvents to extract all the oil from the copra for higher yiel
Oil), but more modern methods may also use chemical solvents to extract all the
oil from the copra for higher yiel
oil from the copra for higher yields.
The Vanilla Bean Cheesecake layer is made
from a simple mixture of Cashews,
Refined Coconut
Oil (always use
refined unless you want to impart a coconut - ty flavor to your desserts), Agave Nectar, Vanilla Bean Paste, Lemon Juice and Soy Milk.
I use the
refined organic cold pressed coconut for making mayonnaise (do not want the coconut flavor in my mayo)-- I also use a wonderful California Olive
Oil from Chaffin Family Vineyards.
You are saying that you are buying
refined coconut
oil from trusted source who is «simply using expeller press to remove coconut solids
from the
oil.»