Wealth built on oil
refineries Oil refining has been the cornerstone of Singapore's success since its very early days.
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.
But that's not to say that Norway doesn't sell
refined oil products to the rest of the world; Statoil has built a 110,000 bbl / day
refinery specifically to serve the export market.
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.
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.
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.
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.
«We are set to unveil the world's largest
refinery which will make Nigeria self - sufficient in petroleum products
refining and also become a major exporter of
oil.This project will mark a turning point in Nigeria's search for local
refining of crude
oil.
Mr. Godwin Emefiele, the Governor of the CBN, said this during a tour of the
refinery which is projected to
refine 650,000 barrels of crude
oil per day.
«In another raid, on 18 Nov 2016, the patrol team deployed by NNS PATHFINDER in Rivers State destroyed an illegal
refinery site containing about 70,000 liters of stolen crude
oil and 40,000 litres of illegally
refined AGO at Bille Creek in Rivers State.
Furthermore, the illegal
refineries destroyed in Isaka axis had storage pits laden with 45,000 litres of suspected stolen crude
oil and 5,000 litres of illegally
refined AGO.
The illegal
refineries destroyed at Bolo Creek had several storage tanks and 2 wooden boats laden with about 80,000 litres of suspected stolen crude
oil and 65,000 litres of illegally refined Automotive Gas Oil (AG
oil and 65,000 litres of illegally
refined Automotive Gas
Oil (AG
Oil (AGO).
She said she has grave concerns about the proposed 178 - mile Pilgrim Pipeline that, if built, would more or less follow the New York State Thruway right - of - way and carry Bakken crude
oil from a terminal in Albany to
refineries in Linden, New Jersey, and
refined products back north.
This will go a long way in ensuring crude
oil get to the
refineries for
refining and subsequent supply to Nigerians to ameliorate the current fuel shortage.
The governor said: «It is shameful that Nigeria produces crude
oil but imports
refined petroleum products from other countries that have no crude
oil deposits, instead of our
refineries to be functional.
Another line would carry
refined fuel — gasoline, diesel or heating
oil — north from the
refineries for storage and use in communities along the river.
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.
The
Refining Solutions segment consist of the heavy
oil upgrading and clean fuels technologies businesses delivering a portfolio of catalyst solutions that apply to the entire
refinery process.
In addition to
oil and natural gas exploration and production, Chevron also transports and
refines petroleum products for delivery to retail, commercial, industrial and marine customers through a network of pipelines, ships,
refineries and service stations.
insufficient fixed capital (e.g., «We would
refine more
oil if we could, but our
refineries are already running at 102 % of rated capacity.
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.
Right now, there is a shortage of
refineries to
refine the crude
oil, and as a result, the price spread between crude
oil and the
refined product can be great.
Refining tar sands
oil in Texas will increase pollution in an area that already boasts elevated levels of cancer due to years of
oil refinery pollution.
By the mid-2020s, the United States become the world's largest liquefied natural gas (LNG) exporter and a few years later a net exporter of
oil — still a major importer of heavier crudes that suit the configuration of its
refineries, but a larger exporter of light crude and
refined products.
That record production, combined with a new high for
refinery throughput and 6.3 mbd of crude
oil and
refined product exports, narrowed the price difference between U.S. and international crude prices last month and underscored the global impact of U.S. energy.
An analysis of the US
refining sector, based on linear programming (LP) modeling, finds that
refining plausibly high volumes of Canadian
oil sands crudes in US
refineries in 2025 would lead to a modest increase in
refinery CO2 emissions (ranging between 5.4 % to 9.3 %) from a 2010 baseline, depending upon... Read more →
The massive pile comes from the Marathon
Oil Company's
refining of tar sands at its Detroit
refinery, and it's been getting a lot of attention over the past few months.
«The attention should be on the Marathon
refinery — that's where the Enbridge pipeline is bringing the tar sands
oil for
refining here in Detroit,» she said.
At the same time, the state ranks third in
oil refining capacity from its 18 operating
refineries.
n the
refinery states, we were able to show that there are more toxic metals and elements associated with
refining tar sands
oil (petcoke became a big issue in Chicago's
refinery areas and in Texas» Port Arthur.)
The oft - repeated «Canada has only one market» rhetoric ignores the fact that
oil is a globally priced commodity, that the US Gulf Coast has the world's largest concentration of coking
refineries able to optimally
refine Canadian heavy
oil, and that there is likely a price discount, not a premium, from exporting to Asia, given transportation costs.
The global trade of
oil and natural gas is dependent on our nation's ports and waterways to move crude
oil to our nation's
refineries, export
refined products and natural gas to markets abroad and move products domestically on our vast inland waterway system.
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)
In fact, State Department officials recognized that progress in
oil sands development has led to Canadian crude
oil from
oil sands that is «similar in composition and quality to the crude oils currently transported in pipelines in the U.S. and being
refined in Gulf Coast
refineries.»
When we see new infrastructure coming online — such as the Dakota Access Pipeline, delivering Bakken crude to
refineries in Illinois — it represents jobs in the
oil fields, in the construction and
refining sectors and all along the natural gas and
oil industry's long supply chain.
Suncor, whose U.S. headquarters is located in Denver, also owns the only
oil refinery in the state, which produces 100,000 barrels of
refined oil per day.
Nevertheless, the last couple decades have seen a startling increase in reported fatalities at
oil refineries and chemical plants - especially in Texas, where the
refining industry is big business.