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Gasoline inventories are currently at a comfortable level, but refinery maintenance might lead to low levels at the start of summer. There is no bullish case for oil at this stage. We will monitor jet fuel demand, expecting it might decline significantly due to slow economic growth and reduced government travel.
Other speakers in the session included Karl-Heinz Hammes from NEUMAN & ESSER Deutschland GmbH & Co KG, Philip Cooper from Petrofac, Debashis Thakur from Numaligarh Refinery Limited and Federico Zanellotti from Saipem.
Given the sector’s complexity and geographical spread—from remote drilling rigs to refineries and distribution terminals—logistics is a key driver of efficiency and profitability. Inventory & Warehouse Management Managing spare parts, tools, and consumables at base camps, yards, or staging areas.
In Spencer , several residents sued Valero Refining Meraux, LLC (“Valero”) for NIED after an explosion occurred at the nearby Valero oil refinery in Meraux, Louisiana. [2] In doing so, the Court reaffirmed that NIED absent physical injury is a valid tort in Louisiana and addressed the scope of such claims.
The Turner case asserted claims for property damage resulting from a release of oil from tanks located at Murphy’s Meraux, Louisiana refinery after Hurricane Katrina. Approximately 25,000 barrels of oil were released, and washed by floodwaters into the residential neighborhoods surrounding the refinery. Murphy Oil U.S.A.,
In the past three decades, more than 30,000+ units have been installed globally in various applications like crude oil refinery, oil and gas, petrochemicals, pulp and paper, mining and metal industries, to name a few. Please contact Alfa Lavals welded plate heat exchanger technologists for a free evaluation and consultation of your case.
The case relates to a 2006 oil spill which occurred at CITGO’s Lake Charles, Louisiana, refinery. This opinion from the Fifth Circuit is likely to have wide-ranging effects on CWA penalty cases. The CITGO case may continue to provide insight as it progresses on remand and any subsequent appeals. CITGO Petroleum Corp.,
API 662 on Plate Heat Exchangers for General Refinery Services mentioned Drip Tray & Insulation When PFHE is installed at hot temperature locations, drip tray and insulation are a must to include. 1 is SA516-Grade 70 In case of very low temperature (lower than -20 C) in outdoor locations (like Russia, Kazakistan, Azerbaijan etc.)
Charles refinery. In January 2016, Judge Haik retired from the bench and the case was transferred to Judge Drell. The result is consistent, however, with the EPA’s 2014-2018 Strategic Plan of focusing on large cases, and its recent pattern of pursuing fewer enforcement actions with larger resolutions. CITGO Petroleum Corp.,
Hasanen also highlighted the company’s important role in transporting crude oil from SUMED companys receiving system in Sidi Kerir to the MIDOR refinery in Alexandria, where it is refined and converted into high-value petroleum products. The total volume of petroleum products traded on the company’s marine dock reached 4.7
Figure A Solids Management the Online Way For several decades, the operators of large storage tanks, such as those found at refineries, have installed permanent cleaning systems to remove solids without having to take tanks out of service. However, such systems are too costly for deployment in onshore field equipment.
As if crude producers and midstream transportation companies don’t already have enough problems trying to get crude oil from production fields to refineries thanks to inadequate pipeline infrastructure, tank car supply, rail safety concerns, and new regulations, they now also have to address a new, potentially market-busting lawsuit.
For many, stealing crude oil from the pipelines and processing it at one of the many illegal refineries in the region is a means of earning a living. The government has been fighting the illicit refineries for years. It will fall to courts to rule on this case, and it will take quite a while.
Additionally, green hydrogen can be used as backup energy storage in refineries or chemical sites, where it is also utilized as a feedstock. The demand-side response is an exceptional service with different use cases for other system participants. sunnier or windier).
Parsons”) from 1975 through 1977 when he worked on the initial construction of Marathon Petroleum Company LP’s (“Marathon”) oil refinery in Garyville, Louisiana. 1] Plaintiffs argued they introduced sufficient evidence that reflected asbestos-containing materials were used during Parsons’s initial construction of the Marathon refinery.
Parsons”) from 1975 through 1977 when he worked on the initial construction of Marathon Petroleum Company LP’s (“Marathon”) oil refinery in Garyville, Louisiana. 1] Plaintiffs argued they introduced sufficient evidence that reflected asbestos-containing materials were used during Parsons’s initial construction of the Marathon refinery.
The EU Emissions Trading System regulatory framework The EU Emissions Trading System (EU ETS) regulatory framework initiated its trial phase in 2005, initially focusing on the power and heat, refinery, cement, iron, steel, glass, and pulp and paper industries. 1 âEU Emissions Trading System: Scope of the EU ETS,â European Commission.
Now, if its a case of simple mathematics, Iran's 1.7 It is now (almost) guaranteed that such a confrontation is now not a question if but when, as yours truly said on subsequent back-to-back BBC News interviews following Iran's attack on Israel on Tuesday and Biden's astounding intervention on Thursday.
In what may be considered a warning shot to overzealous federal prosecutors looking to obtain criminal convictions under the Clean Air Act (“CAA”) or the Migratory Bird Treaty Act (“MBTA”), the Court of Appeals reversed criminal convictions against Citgo related to violations of both Acts at its Corpus Christi refinery.
Defendants in such cases could avoid additional cleanup responsibility by operation of law as well as doctrines of res judicata and issue preclusion. To address this issue, a preliminary hearing was added to Act 312 to allow defendants to seek preliminary dismissal at the outset of a case.
Still, the market reaction didn’t suggest traders were anticipating a worst-case scenario. ” In the physical market, prices of WTI rose to the highest since Tuesday as refineries take barrels as insurance against volatility, according to traders.
Despite the headwinds, Auchincloss highlighted BPs highest upstream operating efficiency in the history of the business, which included the best refinery availability in more than 20 years. Keeping operations online, which was not always the case in 2024, will be key to helping deliver a turnaround.
This will not be the case with refining in the United States, where as much as 400,000 bpd in processing capacity is scheduled to be shut down this year. Two refineries one in Los Angeles and another in Houston are slated for a shutdown in 2025, which would leave more crude available on the market.
The refineries in the Midwest prefer Canadian heavy crude and infrastructure is said to be well suited for the purpose; in addition, the close proximity of the countries has kept the transport costs fairly low, benefiting both countries.
In returning for halting the pounding of Ukraines energy grid, he would win a respite from frequent drone attacks on some of Russias biggest oil refineries, which since the start of this year have knocked out 3.3 Kozyrev said Putin had given up nothing by agreeing to the energy ceasefire, which he said was in any case very vague.
However, China has previously prohibited these majors from directly importing Iranian and Russian oil, while encouraging independent refineries, unconnected to the U.S. controlled international payment system, which is no longer the case. Since then, Iran developed new fields producing crude suited for Chinese refineries.
The WSJ wrote that this would reduce the risk of the Venezuelan state seizing the assets while giving Chevron the opportunity to go back to normal operations in case bilateral relations between Caracas and Washington ever improve. Besides the ban on exports, Chevron also cannot operate the assets or expand them, Reuters noted in its report.
Background The Keystone Pipeline is a system of petroleum pipelines designed to transport crude oil from fields in Alberta, Canada and ultimately terminating at refineries on the U.S The outcome of this case could have a significant impact on his strategy going forward. [1] Constitution. Gulf Coast. 2] Texas, et al. 2] Texas, et al.
The Keystone Pipeline is a system of petroleum pipelines designed to transport crude oil from fields in Alberta, Canada and ultimately terminating at refineries on the U.S The outcome of this case could have a significant impact on his strategy going forward. [1] Constitution. Background. Gulf Coast. 2] Texas, et al. 2] Texas, et al.
Conventional wisdom suggests that emerging markets would benefit from a diversification scenario, but our model shows that this isnât necessarily the case. Under the fragmentation scenario, corridor growth would shift from a baseline scenario, in some cases drastically (Exhibit 3).
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