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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 ...
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.
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 ...
Washington state has the fifth highest oil refining capacity of any state. As of 2018, there are 5 refineries in Washington state with a joint capacity of 637,700 b/d. [1] They are, in order of greatest b/d capacity, Cherry Point refinery, Puget Sound refinery, Marathon Anacortes refinery, Ferndale refinery and U.S. Oil refinery.
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 refinery further in the ensuing decades to becomes Beaumont's largest employer and eventually Mobil's largest refinery by 1980. [8] In 1999, Exxon and Mobil merged to form the largest oil company in the world and the Beaumont Refinery became one of the 5 largest refineries in the combined company's portfolio. [9]
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 ...