Sentences with phrase «refinery capacity in»

In the aftermath of Hurricane Harvey, which knocked off more than 20 percent of U.S. refinery capacity in the peak of refinery shutdowns, hedge funds are betting on a rise in fuel prices and have boosted their net long positions on U.S. gasoline and diesel to highs not seen for years.
It's time those huge refinery margins that are shortchanging Alberta producers at Cushing were captured by new refinery capacity in Canada.

Not exact matches

According to U.S. Customs data compiled by Bloomberg, Venezuelan crude represented 43 percent of the refinery capacity at Chevron's Pascagoula refinery in July, as well as 62 percent of Valero's St. Charles refinery capacity.
The refinery is underperforming, operating at just over 60 % of its capacity in 2017 and getting less funding than in years past.
As a result, you may see a small increase in refining margins for those refiners with firm shipping capacity on Energy East, along with a decrease in refining margins for in - land refineries in Alberta.
And now, the province's opportunity to move up the value chain appears to have been weakened by the growing network of pipelines leading stateside, where excess refinery capacity can be retrofitted to process bitumen at half the cost of building greenfield refineries in Canada.
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.
They are also requesting to divert more Alberta crude and bitumen capacity to the Westbridge tanker terminal in Burrard Inlet and away from existing land - based refineries in B.C. and Washington.
According to their website, Tesoro «operates seven refineries in the western United States with a combined capacity of approximately 665,000 barrels per day.»
In total, some twenty percent of U.S. refinery capacity was affected by the storm.
In fact, there is a glut of refinery capacity on the Gulf Coast.
But surely refinery capacity can be built in other regions that make more environmental sense.
Refineries ran at 88.6 percent of capacity last week, the EIA also said, processing 16.2 million bpd of crude per day, versus 15.2 million bpd in the week before.
ExxonMobil shut down its Baytown refinery, the second largest in the United States with a capacity of 560,500 bpd.
The massive Motiva refinery — the largest in the country with 600,000 bpd of capacity — is still offline, but is getting closer to resuming operations.
«We have seen a fair amount of refinery capacity return online but there still is a significant amount that is still offline between the Houston - Beaumont - Port Arthur region,» Andy Lipow, president of Lipow Oil Associates LLC in Houston, told Bloomberg.
Eagle Ford shale drillers were forced to shut in some shale output as both the takeaway capacity (i.e., pipelines) and Gulf Coast refineries went offline, backing up crude at the wellhead.
The disruptions of more than 4 million barrels per day of refining capacity have been cut in half, with major refineries restarting operations in Corpus Christi and Houston.
RAPID, part of the Pengerang Integrated Complex (PIC) in the southern Malaysian state of Johor, will contain a 300,000 barrel - per - day oil refinery and a petrochemical complex with a production capacity of 7.7 million metric tonnes.
Gasoline prices rise as Houston begins recovery An estimated 23 % of US refinery capacity is offline because of flooding in the wake of the exceptionally slow - moving Hurricane Harvey.
«In as much as consumption worldwide is growing, refinery capacity is not long at all.»
«This new refinery along with other things we are going to do with the refinery in Port Harcourt gives us hope in our quest to try and increase our local capacity to produce every refined product we need in the country and to meet the timeline of 2019.
He, however, disclosed that beyond agriculture, the company was constructing a multi-billion dollar petroleum refinery in Lekki, Lagos State, with a capacity for 650,000 barrels per day.
Baru said in the last one year, NNPC had improved capacity utilization of the refineries with the projection that they would attain supplying 50 per cent of the non-gasoline white products to the nation, including Diesel and Kerosene that are commonly consumed in the Country.
The Minister had announced at an Offshore Technology Conference (OTC) in Houston Texas plans to build a new refinery with a capacity of 150,000 bbls.
He also questioned what would be done with the crude in the pipeline, arguing that the refineries in Linden are already at capacity.
Data obtained from the Department of Petroleum Resources showed that the capacity utilisation at the refineries, including the Niger Delta Petroleum Resources» 1,000 bpd refinery, plunged to as low as 4.85 per cent in 2015 from 23.03 per cent in 2011, resulting in increased petroleum products» imports.
At the same time, the state ranks third in oil refining capacity from its 18 operating refineries.
Virtually all of America's offshore oil and gas rigs (providing about 17 percent of U.S. production) are along the Gulf Coast, as is almost half of the country's refinery capacity; a fact that the country was unhappily reminded of when it was all shut down during Hurricane Harvey in 2017.
The Exxon Mobil Corporation owns and operates two massive oil refineries in the area; one in Beaumont with a capacity of about 400,000 barrels per day, the other in Baytown, the second - largest US refinery with a capacity of about 560,000 barrels per day.
«It is not self - evident that the addition of an 830,000 barrels - per - day capacity pipeline from Canada to refineries in the Gulf Coast will have no effect on emissions from refineries in that area,» the EPA wrote in response to the State Department's conclusion that the pipeline would not disproportionately affect minorities and low - income residents living near refineries.
Major Producing Oil Fields: Samotlor, Romashkino, Mamontov, Fedorov, Lyantor, Arlan, Krasnolenin, Vatyegan, Sutormin Major Oil Terminals: Novorossiisk (Black Sea), Tuapse (Black Sea), Primorsk (Baltic Sea); Russia also uses ports at Ventspils (Latvia), Odesa (Ukraine), Klaipeda (Lithuania), and Butinge (Lithuania) Major Oil Export Pipelines outside the Commonwealth of Independent States: Friendship (Druzhba)(1.2 million bbl / d nominal capacity) Major Oil Refineries (1 / 1 / 02E)(Capacity in bbl / d): Omsk (566,000), Angarsk (441,000), Nizhniy Novgorod (438,000), Grozny (390,000), Kirishi (388,000), Novo - Ufa (380,000), Ryazan (361,000), Novo - Kuibishev (309,000), Yaroslavl (290,000), Perm (279,000), Ufaneftekhim (251,000), Salavatnefteorgsintez (247,000), Moscow (243,000), Ufa (235,000), Syzran (211,000), Volgograd (200,000), Saratov (177,000), Orsk (159,000), Samara - Kuibishev (154,000), Achinsk (147,000), Ukhta (127,000), Nizhnekamsk (120,000), Komsomolsk (108,000) Major Foreign Oil Company Involvement: Agip, BP, British Gas, ChevronTexaco, Conoco, ExxonMobil, Neste Oy, Norsk Hydro, McDermott, Mitsubishi, Mitsui, Royal Dutch / Shell, Statoil, and Totalcapacity) Major Oil Refineries (1 / 1 / 02E)(Capacity in bbl / d): Omsk (566,000), Angarsk (441,000), Nizhniy Novgorod (438,000), Grozny (390,000), Kirishi (388,000), Novo - Ufa (380,000), Ryazan (361,000), Novo - Kuibishev (309,000), Yaroslavl (290,000), Perm (279,000), Ufaneftekhim (251,000), Salavatnefteorgsintez (247,000), Moscow (243,000), Ufa (235,000), Syzran (211,000), Volgograd (200,000), Saratov (177,000), Orsk (159,000), Samara - Kuibishev (154,000), Achinsk (147,000), Ukhta (127,000), Nizhnekamsk (120,000), Komsomolsk (108,000) Major Foreign Oil Company Involvement: Agip, BP, British Gas, ChevronTexaco, Conoco, ExxonMobil, Neste Oy, Norsk Hydro, McDermott, Mitsubishi, Mitsui, Royal Dutch / Shell, Statoil, and TotalCapacity in bbl / d): Omsk (566,000), Angarsk (441,000), Nizhniy Novgorod (438,000), Grozny (390,000), Kirishi (388,000), Novo - Ufa (380,000), Ryazan (361,000), Novo - Kuibishev (309,000), Yaroslavl (290,000), Perm (279,000), Ufaneftekhim (251,000), Salavatnefteorgsintez (247,000), Moscow (243,000), Ufa (235,000), Syzran (211,000), Volgograd (200,000), Saratov (177,000), Orsk (159,000), Samara - Kuibishev (154,000), Achinsk (147,000), Ukhta (127,000), Nizhnekamsk (120,000), Komsomolsk (108,000) Major Foreign Oil Company Involvement: Agip, BP, British Gas, ChevronTexaco, Conoco, ExxonMobil, Neste Oy, Norsk Hydro, McDermott, Mitsubishi, Mitsui, Royal Dutch / Shell, Statoil, and TotalFinaElf.
In fact, the problem in a place like Cushing is that we're actually producing so much oil and gas in places like North Dakota and Colorado that we don't have enough pipeline capacity to transport all of it to where it needs to go — both to refineries, and then, eventually, all across the country and around the worlIn fact, the problem in a place like Cushing is that we're actually producing so much oil and gas in places like North Dakota and Colorado that we don't have enough pipeline capacity to transport all of it to where it needs to go — both to refineries, and then, eventually, all across the country and around the worlin a place like Cushing is that we're actually producing so much oil and gas in places like North Dakota and Colorado that we don't have enough pipeline capacity to transport all of it to where it needs to go — both to refineries, and then, eventually, all across the country and around the worlin places like North Dakota and Colorado that we don't have enough pipeline capacity to transport all of it to where it needs to go — both to refineries, and then, eventually, all across the country and around the world.
In their discussion of the downstream (refining) industry, Chevron's thinking is similar to Carbon Tracker's [5], assuming that lower refinery runs will lead to lower profitability and investment across the industry, with excess capacity forced to be rationalised.
The current refinery has been operating at full capacity since 2007, processing bauxite shipped in from neighboring Chhattisgarh, as well as from much farther afield in Gujarat and Tamil Nadu.
The refinery capacity of 550,000 barrels per day would make it one of the largest refineries in the world and the largest on the west coast of North America.
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