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The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. For some countries, the refinery list is further categorized state-by-state.
Most oil is initially carried off the site by tanker truck. The truck may take the oil directly to a nearby refinery. In 2014, 2.6 percent of oil arrived at refineries by truck, up from 2.6 percent in 2005. If the refinery is not close, the tanker truck will take the crude oil to a pipeline, barge, or railroad for long-distance transport.
PT Berau Coal Energy also issued US$500 million worth of 7.25% guaranteed senior notes in 2017. Both the 2015 and 2017 notes are currently in default. Since July 2015, the Berau Group has brought 4 separate rounds of scheme of arrangement / moratorium proceedings, with terms which have been described as “frankly insulting” at a time when ...
The company's oil and gas operations are concentrated in two geographic areas: the United States and the Middle East, with some ventures in South America. As of December 31, 2020, Occidental had 2.911 billion barrels of oil equivalent (1.781 × 10 10 GJ) of oil equivalent net proved reserves, of which 51% was petroleum, 19% was natural gas ...
In September 2010, Petroplus announced plans to sell its 32.62 percent stake to its partners for $91 million as PBF acquired the Paulsboro refinery from Valero Energy. [7] [8] PBF then acquired the Toledo refinery from Sunoco in December 2010 for approximately $400 million. [9] PBF went public in December 2012 with a $533 million initial public ...
Calumet, Inc. (NASDAQ: CLMT) is a publicly traded U.S.-based company that was incorporated in 1919. It specializes in the manufacture of lubricating oils, solvents, waxes, packaged and synthetic specialty products, fuels and fuel-related products.
In 1948, Lee Pressman of New York and Joseph Forer of Washington, DC, represented Charles A. Doyle of the Gas, Coke and Chemical Workers Union along with Gerhard Eisler (public thought to be the top Soviet spy in America); Irving Potash, vice president of the Fur and Leather Workers Union; Ferdinand C. Smith, secretary of the National Maritime ...
The refinery was built in 1906 by the National Refining Company, which was then the second largest oil company in the United States.Built on 75 acres (30 ha), the refinery processed 2,500 barrels per day (400 m 3 /d) of crude oil, compared to today's 108,000-barrel-per-day (17,200 m 3 /d) processing capacity.