Sentences with phrase «oil refining»

Oil refining is the process of taking crude oil, which is a thick and dirty substance, and turning it into useful products like gasoline, diesel, and other fuels. It cleans and separates the oil, making it safer and more efficient for different purposes. Full definition
The legacy of oil refining in India, one of the world's largest economies, shows the industry can develop with little risk to the climate, OPEC's leader said.
The underlying dispute, the nationalisation of oil refining operations in the Orinoco oil belt, was the subject of ICC arbitration in New York and so jurisdiction was not in issue; in principle, s 44 of the 1996 Act clearly applies to ICC arbitrations (although PDVSA expressly reserved its position on jurisdiction throughout the proceedings).
Since the devastating flooding in South Texas and Louisiana has disrupted far more crude oil refining capacity in the region than production capacity, the net result of the storm has been less crude oil being...
The only thing that can't be produced from natural gas is asphalt, which is the heavy residue left at the end of the crude - oil refining process.
Irma comes less than two weeks after Hurricane Harvey smashed ashore in Texas, knocking offline almost a quarter of U.S. oil refining capacity and causing widespread damage, power outages and flooding.
Investment in heavy oil refining capacity will also need to be factored in if production increases.
Catalysts are used in many processes, including oil refining and next - generation biofuels.
It's too early to tell whether owning their own oil refining operation was the right decision or not, though typically companies do better to specialize, rather than vertically integrate.
The company's latest quarter doesn't show any signs that the market for oil refining has improved...
Environmental groups have filed a lawsuit against Exxon Mobil for allowing the largest oil refining plant in the nation to emit over 8 million pounds of illegal air pollution for over five years now.
One of our partners acted as an arbitrator in an ICC arbitration concerning the construction of a large oil refining plant in Eastern Russia.
The results may seem esoteric, but they could have big implications for everything from oil refining to microfluidic «lab - on - a-chip» technologies.
Those closures, affecting a major U.S. oil refining hotspot, are pushing up the prices of energy products like gasoline and heating oil as investors anticipate a drop in supply.
Carbon Tracker, the analyst house which pioneered the stranded asset or «carbon bubble» theory, has warned a quarter of global oil refining capacity could become unviable and be forced to shut down within 20 years due to falling demand.
But on this occasion they were protesting against a local government plan to build a 55.9 - billion - yuan oil refining and petrochemical complex in the city's outskirts.
Silver - colored storage tanks and giant chimneys painted in red and white indicate its status as one of the top three oil refining centers in the world.
Khew and others say Singapore's highly efficient oil refining industry could help the world meet its demand for petroleum at a lower environmental cost than elsewhere.
Wealth built on oil refineries Oil refining has been the cornerstone of Singapore's success since its very early days.
Neither these nor other industries could match oil refining in terms of investment size, value - add, export earnings or value of manufacturing output,» Ng said.
«To get the country to totally go out of it [oil refining], the first question every government should address is whether the country has any other alternative.
«The processing costs would be similar and comparable to petroleum oil refining,» and perhaps even less expensive, Wocken notes, «because you're not dealing with contaminants like sulfur.»
In fact, the process is not unlike conventional oil refining in that it produces everything from the kerosene used as aviation fuel to regular gasoline.
Johan Rootzén has researched another major source of emissions: energy - intensive heavy industry in Sweden and EU, such as oil refining, and production of cement and steel.
«She flew and she flew just fine,» says physicist Rudi Wiedemann, president and CEO of Biodiesel Solutions, Inc., whose company provided the fuel for the historic October flight: fresh canola oil refined into biodiesel.
Prices in oil refining vary because slightly different gas formulations are used in different regions.
His teacher was Valero Energy, an independent oil refining company that had just developed a new «catalytic cracker» that could turn a dirty, sludge - like refinery by - product called residual fuel oil into pure gasoline.
Texas - based oil refining company Pelican Refining Company LLC has been fined $ 12 million for felony violations of the Clean Air Act.
It accuses of Exxon and Suncor of developing and selling dirtier fuel sources, notably Canadian tar sands oil refined in Colorado, «long after they became aware of the dangers of climate change.»
If they weren't lording over oil refining and coal producing industries, someone else would be.
Samuel James captures must - see photos of bootleg oil refining taking place in Nigeria's Niger Delta.
Among its former students it boasts the inventor of the television, John Logie Baird, and James «Paraffin» Young, the driving force behind today's oil refining sector — and often referred to as the «father of the oil industry».
Bahamas Oil Refining Company International Ltd v Owners of the Cape Bari Tankschiffahrts GMBH & Co KG (Bahamas)[2016] UKPC 20, [2016] All ER (D) 125 (Jul)
Petrobras and Eni signed a Memorandum of Understanding aimed at evaluating future partnership in the production of biofuels and in heavy oil refining.
These jobs can include oil refining, oil and gas drilling (including fracking), construction, and of course those who work in chemical plants.
The new work yields insights into how to improve the industrial catalyst for oil refining, chemicals processing and environmental uses.
Three - tenths of the nation's crude oil refining capacity is located in Texas, with the majority of the refineries «clustered near ports along the Gulf Coast,» according to the U.S. Energy Information Administration's website.
Fossil fuel combustion for powering heaters and boilers releases large amounts of carbon dioxide emissions into the atmosphere, as does the production process of oil refining.
It adds that «approval or denial of the proposed project is unlikely to have a substantial impact on the rate of development in the oil sands, or on the amount of heavy crude oil refined in the Gulf Coast area.»
Weeks later, a FirstEnergy Capital report still clung to the idea that ramped - up rail transportation, new heavy - oil refining capacity in the U.S. Midwest and the easing of the storage glut in Cushing, Okla., would keep this monster on a leash.
The biggest chunk is $ 23 trillion for fossil fuel extraction, transport and oil refining.
The company, which expects to close the deal by the end of January, may later consider merging its oil refining subsidiary Mangalore Refinery and Petrochemicals Ltd. with HPCL, Shanker said.
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