Taken together, the oil - by - rail projects planned for the Northwest would be capable of delivering enough fuel to exceed the region's
oil refining capacity.
ENERGY OVERVIEW Energy Minister: Ernesto Martens Rebolledo Head of PEMEX: Raul Munoz Leos Proven Oil Reserves (1 / 1 / 03E): 12.6 billion barrels (see Reserves and Production) Oil Production (2002E): 3.6 million barrels per day (bbl / d), of which 3.18 million bbl / d was crude Oil Consumption (2002E): 1.93 million bbl / d Net Oil Exports (2002E): 1.68 million bbl / d Crude
Oil Refining Capacity (1 / 1 / 03E): 1.7 million bbl / d Natural Gas Reserves (1 / 1 / 03E): 8.8 trillion cubic feet (Tcf)(see Reserves and Production) Natural Gas Production (2000E): 1.33 Tcf Natural Gas Consumption (2000E): 1.38 Tcf Recoverable Coal Reserves (2000E): 1.3 billion short tons Coal Production (2000E): 10.86 million short tons Coal Consumption (2000E): 13.41 million short tons Net Coal Imports (2000E): 2.55 million short tons Electric Generation Capacity (2000E): 38.9 million kilowatts Net Electricity Generation (2000E): 194.37 billion kilowatthours (bkwh); 74 % thermal, 18 % hydro, 5 % nuclear, 3 % other Net Electricity Consumption (2000E): 182.8 bkwh Net Electricity Imports (2000E): 2.07 bkwh
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.
At the same time, the state ranks third in
oil refining capacity from its 18 operating refineries.
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.
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.
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.
Not exact matches
With the ability to
refine and upgrade crude in Canada and 75,000 barrels per day of committed
capacity on the existing Keystone pipeline, Husky says it can grow its heavy
oil production without exposure to the WCS - WTI discounts until at least 2021.
Department of Energy Secretary Ernest Moniz told reporters in Seoul, South Korea that the government was reviewing the issue of crude
oil exports, given the mismatch between rising supplies of crude and the U.S.
refining capacity, The Wall Street Journal reported.
By the end of this year, total
refining capacity will exceed a million barrels a day — making Singapore the world's third - largest
oil - processing center, after Houston and Rotterdam.
This slump will probably lead to lower demand for Saudi
oil, as U.S. production and
refining capacity return to normal.
Florida has little to no supply - side infrastructure — negligible levels of
oil production and
refining capacity.
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.
«As we expand our heavy
oil production, we will look for opportunities downstream,» Peabody said of potentially buying more
refining capacity.
Nigeria currently exports 1.6 million barrels of
oil per day but imports the bulk of its
refined products because its
refining capacity is unable to meet daily fuel needs of 40 million litres.
As a major
oil producer, involving the private sector — and I am aware that Dangote is building some refineries and tank storage
capacities — it should be possible to process Nigerian
oil locally into finished petroleum products and export them to West Africa and the rest of Africa without us having to import petroleum products from outside.Speaking as a former leader of an African country, I can tell you that our quest to build our countries into industralised economies that can begin
refining our own raw materials and manufacturing what we need, is not a development paradigm that the rich nations are enthused about.
In a 2009 study, for example, researchers compared the antioxidant
capacity of virgin coconut
oil with
oil that had been
refined, bleached, and deodorized.
Chevron, headquartered in San Ramon, California, is the 2nd largest integrated energy company in the United States, with a production
capacity of 2.6 million
oil - equivalent barrels per day (75 % of which comes from outside the United States) and global
refining capacity of 1.96 million barrels of
oil per day.
Since going public in 1998, Enterprise has grown into one of the largest energy infrastructure companies in the world with approximately 50,000 miles of natural gas, natural gas liquids, crude
oil and
refined products pipelines and 260 million barrels of storage
capacity.
insufficient fixed capital (e.g., «We would
refine more
oil if we could, but our refineries are already running at 102 % of rated
capacity.
It owns about 200 crude
oil trucks, 120 truck unloading facilities, and 41
refined products terminals with 42 million barrels of storage
capacity.
Hurricane Harvey is sending pump prices higher for U.S. motorists and causing temporary shifts in the flow of
oil and gasoline around the world after taking down a huge chunk of U.S.
refining capacity.
A century long struggle to gain full control of its natural resources and
refining capacities has been punctuated by many events: from the exploits of the Anglo - Persian
Oil company (later to be known as British Petroleum or BP), in the early part of last century; to the CIA backed overthrow of the first democratically elected government in the 1950s, after it nationalized the country's oil fields; to the destruction toll of several oil installations during the decade long Iran - Iraq war; to current pressures by large international firms to negotiate contracts for the exploitation rights of oil and g
Oil company (later to be known as British Petroleum or BP), in the early part of last century; to the CIA backed overthrow of the first democratically elected government in the 1950s, after it nationalized the country's
oil fields; to the destruction toll of several oil installations during the decade long Iran - Iraq war; to current pressures by large international firms to negotiate contracts for the exploitation rights of oil and g
oil fields; to the destruction toll of several
oil installations during the decade long Iran - Iraq war; to current pressures by large international firms to negotiate contracts for the exploitation rights of oil and g
oil installations during the decade long Iran - Iraq war; to current pressures by large international firms to negotiate contracts for the exploitation rights of
oil and g
oil and gas.
Based on information and analysis about the North American crude transport infrastructure (particularly the proven ability of rail to transport substantial quantities of crude
oil profitably under current market conditions, and to add
capacity relatively rapidly) and the global crude
oil market, the draft Supplemental EIS concludes 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.
Indeed, Canadian
oil sands exports could exceed the
refining capacity in the Midwest by 2015, IHS CERA, a consulting firm based in Cambridge, Mass., said in a submission to the State Department.
A quarter of global
refining capacity could become unviable and be forced to close by 2035 as a swelling tide of climate regulations and rapid advances in clean technologies cut
oil demand, finds a report launched today by Carbon Tracker highlighting sector risks for investors.
Harvey caused about one - fifth of the nation's total
refining capacity to shut down and temporarily ceased about one - fourth of
oil production from the Gulf of Mexico (Fortune, August 28).
ENERGY INDUSTRY Organization:
Oil and natural gas - Petroleos de Mexicanos (Pemex), four operating subsidiaries (Exploration and Production, Refining, Gas and Basic Petrochemicals, Secondary Petrochemicals), Petroleos Mexicanos Internacional (PMI); Electric power and distribution - CFE and LFC; Natural gas and electric power regulation - Comission Reguladora de Energia (CRE) Major Ports: Gulf Coast - Cayo Arcos, Dos Bocas, and Pajaritos (handle most of Pemex's oil exports), Tuxpan, Ciudad Madero; Pacific Coast - Salina Cruz, Rosarito Major Oil - Producing Fields: Cantarell, Abkatun, Ku, Caan, Pol, Chuc Major Refineries (Crude Capacity): Salina Cruz (330,000 bbl / d), Tula Hidalgo (320,000 bbl / d), Salamanca (245,000 bbl / d), Cadereyta (275,000 bbl / d), Minatitlan (194,000 bbl / d), Ciudad Madero (320,000 bbl /
Oil and natural gas - Petroleos de Mexicanos (Pemex), four operating subsidiaries (Exploration and Production,
Refining, Gas and Basic Petrochemicals, Secondary Petrochemicals), Petroleos Mexicanos Internacional (PMI); Electric power and distribution - CFE and LFC; Natural gas and electric power regulation - Comission Reguladora de Energia (CRE) Major Ports: Gulf Coast - Cayo Arcos, Dos Bocas, and Pajaritos (handle most of Pemex's
oil exports), Tuxpan, Ciudad Madero; Pacific Coast - Salina Cruz, Rosarito Major Oil - Producing Fields: Cantarell, Abkatun, Ku, Caan, Pol, Chuc Major Refineries (Crude Capacity): Salina Cruz (330,000 bbl / d), Tula Hidalgo (320,000 bbl / d), Salamanca (245,000 bbl / d), Cadereyta (275,000 bbl / d), Minatitlan (194,000 bbl / d), Ciudad Madero (320,000 bbl /
oil exports), Tuxpan, Ciudad Madero; Pacific Coast - Salina Cruz, Rosarito Major
Oil - Producing Fields: Cantarell, Abkatun, Ku, Caan, Pol, Chuc Major Refineries (Crude Capacity): Salina Cruz (330,000 bbl / d), Tula Hidalgo (320,000 bbl / d), Salamanca (245,000 bbl / d), Cadereyta (275,000 bbl / d), Minatitlan (194,000 bbl / d), Ciudad Madero (320,000 bbl /
Oil - Producing Fields: Cantarell, Abkatun, Ku, Caan, Pol, Chuc Major Refineries (Crude
Capacity): Salina Cruz (330,000 bbl / d), Tula Hidalgo (320,000 bbl / d), Salamanca (245,000 bbl / d), Cadereyta (275,000 bbl / d), Minatitlan (194,000 bbl / d), Ciudad Madero (320,000 bbl / d)