Refineries

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Freeport LNG Gas Consumption Running Near Zero for Fifth Day

Freeport LNG’s liquefaction plant remains mostly offline for a fifth straight day, with gas utilization rates at 125 million cubic feet per day (mmcf/d), or 5% of its fully operational use, data from financial firm LSEG showed on Monday. Freeport LNG has been the second-largest U.S. LNG exporter, with an installed capacity of 15 million …

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Cenovus Energy to Invest $1.5 Billion in Ohio Refineries

(Reuters) – Cenovus Energy  has announced a $1.5 billion investment in its Ohio refineries, including Lima and Oregon, according to a local media report on Wednesday. Ohio provides a “vital strategic location” that aids Cenovus’s decision to expand, said Doreen Cole, the company’s executive vice president, downstream, in a press release, quoted by the local media. Cenovus …

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U.S. Oil Refiners’ Weekly Capacity Seen up 231,000 Bpd, IIR Says

U.S. oil refiners are expected to have about 1 million barrels per day (bpd) of capacity offline for the week ending April 12, increasing available refining capacity by 231,000 bpd, research company IIR Energy said on Wednesday. Offline capacity is expected to fall to 994,000 bpd in the week ending April 19, IIR added. The …

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U.S. Natgas Flows to Texas Freeport LNG Export Plant Seen up on Tuesday

The amount of natural gas flowing to Freeport LNG’s liquefied natural gas (LNG) export plant in Texas was on track to rise for a second day in a row on Tuesday, according to data from financial firm LSEG. Energy traders said gas futures were trading about 2% higher so far on Tuesday on the possibility …

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Exxon on Track With UK Refinery Expansion Just as Others Shut Capacity

The bulk of new diesel supply stemming from a $1 billion expansion at the UK’s largest oil refinery operated by Exxon Mobil Corp. will be available in the first quarter of 2025. A new production facility at the Fawley refinery on the south coast of England will initially be geared to production of diesel, helping …

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U.S. Sanctions Hamper Russian Efforts to Repair Refineries

Summary Lukoil refinery struggles to repair gasoline unit U.S. firm UOP says not helping Lukoil All Russian refineries use Western technology, software Ukrainian drones damage dozens of Russian plants (Reuters) – When engineers at Russian oil firm Lukoil  discovered a turbine had broken at their largest refinery on January 4, they quickly realised the problem …

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U.S. Oil refiners’ Weekly Capacity Seen Up 29,000 Bpd, IIR Says

U.S. oil refiners are expected to have about 1.1 million barrels per day (bpd) of capacity offline for the week ending April 5, increasing available refining capacity by 29,000 bpd, research company IIR Energy said on Monday. Offline capacity is expected to fall to 847,000 bpd in the week ending April 12, IIR added. The …

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More Than 20% of Global Oil Refining Capacity at Risk, Analysis Finds

(Reuters) – More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie found in analysis published on Thursday, as gasoline margins weaken and the pressure to reduce carbon emissions mounts. Of 465 refining assets analysed, the consultancy ranked about 21% of 2023 global refining capacity at some …

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US Oil Refiners’ Weekly Capacity Seen Up 8,000 bpd, IIR Says

U.S. oil refiners are expected to have about 809,000 barrels per day (bpd) of capacity offline for the week ending March 29, marking an increase in available refining capacity of 8,000 bpd, research company IIR Energy said on Monday. Offline capacity is expected to rise to 882,000 bpd in the week ending April 5, IIR …

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TotalEnergies Texas Refinery Production Cut After Fire

Production at TotalEnergies’ 238,000-barrel-per-day (bpd) Port Arthur, Texas refinery was reduced and the small crude distillation unit (CDU) shut following a fire on Friday morning, said people familiar with plant operations. The fire broke out at about 4:30 a.m. CDT (0930 GMT) in the naphtha and aromatics processing section of the refinery, the sources said. …

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