From the Houston Chronicle As the global refining industry readies for the shipping industry’s shift to cleaner-burning marine fuels, analysts are warning that not all refineries are ready for what could be one of the biggest regulatory shocks to the refining industry in decades. While the shift could force some refineries abroad to close in the wake of a glut
Natural gas liquids production in the Marcellus and Utica formations expected to nearly double in Ohio, Pennsylvania and West Virginia, drawing petrochemical expansion According to a new study from IHS Markit, the Marcellus and Utica shale formations’ production will increase exponentially in the next two decades, driving petrochemical growth in the region. Natural gas from the tri-state region of Ohio,
Project is expected to triple Sasol chemical output capacity in U.S. TechnipFMC (stock ticker: FTI, $FTI) in joint venture with Fluor, has completed its engineering, procurement and construction management (EPCM) services on Sasol’s world-scale petrochemical complex in Westlake, Louisiana. As planned, TechnipFMC/Fluor resources will provide assistance to the Sasol team at the LCCP project site for the remaining activities, working
ExxonMobil to Fund Polypropylene Unit to Expand Baton Rouge Operations
According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) rose by 0.3 percent in January, following a 0.6 percent gain in December and a 0.2 percent gain in November. During January, chemical output rose across all regions, with the largest gains in the Gulf Coast region. Chemical production was mixed over the three-month period.
Almost half of all U.S. crude oil production from onshore basins comes from the Permian Basin according to the EIA. We’re talking about a massive amount of daily oil production–3.8 million barrels per day. And now a home-based Permian refinery has landed on the drawing boards that aims to start processing West Texas light oil at home in the heart
Pembina Pipeline Corporation Announces Positive Final Investment Decision on an Integrated Petrochemical Facility
All four appeals were ruled in favor of Meridian A North Dakota District Court has upheld the Permit to Construct for the Davis Refinery from Meridian Energy Group, Inc. The permit was issued on June 13, 2018 as a Synthetic Minor Source. The PTC issued by the North Dakota Department of Health – Air Quality Division was challenged after a thorough
Sempra Energy Subsidiary To Sell U.S. Natural Gas Storage Assets To ArcLight Capital Partners
Shell Argentina invests to increase shale output after selling downstream assets
From Bloomberg After flooding the U.S. market in recent months, Saudi Arabia plans to slash exports to the world’s largest oil market in the coming weeks, in an effort to dampen visible build-ups in crude inventories. U.S. refineries given notice to expect lower shipments from Saudi in January; cut could test 30-year low American-based oil refiners have been told to
80% of the imported Canadian oil is heavy oil According to EIA data, in 2017, the United States imported approximately 7.969 MMBOPD of all grades of crude oil from about 80 countries. The EIA calculates that 3.117 MMBOPD came from OPEC countries and 3.446 MMBOPD came from Canada in 2017. According to a new report out today from IHS Markit, U.S.
