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FGE analysts see refineries in Shandong losing up to 1 million barrels per day of crude supply in the near term amid a ban imposed by the Shandong Port Group on U.S.-sanctioned tankers.
On Tuesday, the U.S. Energy Information Administration said the country's oil demand would remain steady at 20.5 million barrels per day (bpd) in 2025 and 2026, with domestic oil output rising to ...
American petroleum refining largely grew out of oil shale refining. When the Drake Well started producing in 1859, the oil shale industry was growing rapidly, and establishing refineries near cannel coal deposits along the Ohio River Valley. As oil production increased, the oil shale refiners discovered that their refining process worked just ...
Gasoline prices have seen sharp increases amid recent refinery constraints and higher oil prices.. The national average at the pump sat at $3.35 per gallon on Monday, up $0.09 from a week ago, but ...
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.
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
The decision by Phillips 66 this week to shutter its refinery in Wilmington next year will wipe out more than 8% of the state's crude oil processing capacity. Another refinery shuts down in ...
The refinery was expanded from 60,000 barrels per day (9,500 m 3 /d) to 65,000 barrels per day (10,300 m 3 /d) in 1982. It was expanded again to have a processing capacity of 70,000 barrels per day (11,000 m 3 /d) in 2007. The employees of the Warren refinery are represented by the International Union of Operating Engineers.