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and the owner of the Alon Bakersfield Refinery. Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, […]. The post Global Clean Energy Holdings Purchases Bakersfield Refinery appeared first on NGT News. Holdings Inc. The total cash consideration paid to Delek U.S.
Phillips 66, a diversified energy manufacturing and logistics company, says it plans to reconfigure its San Francisco refinery in Rodeo, Calif., The post Phillips 66 Plans to Reconfigure Refinery to Produce Renewable Fuels appeared first on NGT News. to produce renewable fuels. The Phillips 66 Rodeo Renewed project […].
Image by Kreativorks via iStock Aliko Dangote, Africa’s richest person, plans a stock listing for his Nigerian crude oil refinery by the end of next year to widen the company’s investor base. The oil facility can processes 650,000 barrels of crude a day, making it the continent’s biggest refinery.
TIPRO’s new workforce data indicated strong job postings for the Texas oil and naturalgas industry, although May data showed a decline in overall unique postings compared to the previous month. The leading three cities by total unique oil and naturalgas job postings were Houston (2,064), Midland (546) and Odessa (398), said TIPRO.
Image by Nantiya Rattanatum via iStock The UK’s Lindsey oil refinery has restarted deliveries of fuel, according to the Department for Energy Security & Net Zero. “Deliveries from the Prax Lindsey Oil Refinery have resumed,” the department said by email late Tuesday. The UK is well supplied with fuel, it said.
When you think of naturalgas, you probably picture a stovetop flame or a home heating system. While these are common uses, naturalgas is far more versatile than many people realize. Let’s take a look at seven surprising applications of naturalgas.
Gunda said the commission wants to increase gasoline supply in California after two refineries announced plans to close in the next year, accounting for about one-fifth of the state’s crude-processing capacity. to shut their refineries. to shut their refineries.
an enviro-tech company focused on the production of sustainable renewable naturalgas (RNG), which will generate greenhouse gas credits associated with vehicular usage, and provide Chesapeake Utilities the opportunity to bring additional RNG to its Delmarva operations. Chesapeake Utilities Corp.
Feedstock type and availability, current plant configuration, regulation, and finance are just some factors to consider when planning a refinery conversion.
The EI highlighted in its report that its oil consumption figures include inland demand plus international aviation and marine bunkers and refinery fuel and loss. Consumption of biogasoline, such as ethanol, and biodiesel are excluded in the figures, while derivatives of coal and naturalgas are included, the report pointed out.
In its report, the EI highlighted that its crude oil and condensate output figures include crude oil, shale/tight oil, oil sands, and lease condensate or gas condensates that require further refining. They exclude liquid fuels from other sources such as biomass and synthetic derivatives of coal and naturalgas, the report pointed out.
The targeted nature of these strikes suggests a deliberate attempt to avoid major disruptions to international markets: the affected refinery and gas field serve Iran’s domestic consumption needs. About Enverus Intelligence® Research Enverus Intelligence® Research, Inc.
The Polish energy company said all of its refineries have been supplied with non-Russian oil since March, with the final contract for Russian oil delivery from Rosneft ending June 30. Since April 2023, all of the crude processed by ORLEN’s Polish and Lithuanian refineries has been sourced from non-Russian sources, the company stated.
GCE), which was created to purchase an existing refinery in Bakersfield, Calif. BKRF will retool a portion of the refinery into […]. Orion Energy Partners L.P., GCM Grosvenor and Voya Investment Management have entered a capital partnership with Bakersfield Renewable Fuels (BKRF).
Image by klyaksun via iStock Russia said its overnight missile and drone barrage struck the large Kremenchuk oil refinery in central Ukraine, which was previously targeted by Kremlin forces in 2022. Russia previously targeted the Kremenchuk refinery and surrounding areas with a series of missile attacks in April, May and June of 2022.
The first South Pars GasRefinery achieved strong operational performance during the Iranian year 1403 (March 2024 March 2025), producing over 10 billion cubic meters (bcm) of sweetened gas, according to a report by SHANA. In addition to sweetened gas, the refinery also produced over 7.26
The green hydrogen from RWE will be used in TotalEnergies Leuna refinery in Germany to reduce the plants carbon emissions. The agreement makes Totals refinery in Leuna an anchor customer for RWEs electrolysis plant. The green hydrogen will be produced at RWEs 300-megawatt (MW) electrolysis plant in Lingen, western Germany.
TXOGA noted in its statement that the upstream sector involves oil and naturalgas extraction and excludes other industry sectors such as refining, petrochemicals, fuels wholesaling, oilfield equipment manufacturing, pipelines, and gas utilities.
million barrels of renewable diesel per year for five years from a converted California refinery starting in 2022. The renewable diesel will be sourced from a refinery acquired by Global Clean […]. The post ExxonMobil, Global Clean Energy Holdings Sign Renewable Diesel Agreement appeared first on NGT News.
Image by Chaloemphan via iStock Russia’s oil product exports dropped in June to the lowest in eight months amid extended work at refineries supplying Baltic ports, coupled with efforts to stabilize domestic fuel supplies before the upcoming seasonal surge in agricultural and holiday consumption.
Image by pavalena via iStock Vietnam Oil and Gas Group (Petrovietnam) and its joint venture partners have signed a product sharing contract (PSC) for Block 15-1 on the southern continental shelf of Vietnam. percent, Korea National Oil Corporation (KNOC) holds 11.4 percent, SK Group holds 7.2 percent, and Geopetrol holds 2.6
billion cubic feet) of liquefied naturalgas (LNG) from the United States to Ukraine’s Naftogaz Group via Poland. Under the new memorandum of understanding, “the parties will seek to increase naturalgas deliveries via Poland to Ukraine and to advance joint projects in oil and gas extraction”, ORLEN said.
Energy Market Assessment: Expectations and oil prices have bottomed with heading up to summer- oil and gas 360 The fast, quick drop in stock prices helped by tariff fear adding to and exaggerating uncertainty, but meaningfully up from last weeks lows also keep us concluding: UP is the direction we head.
Plate heat exchangers (PHEs) are commonly used in oil and gasrefineries for a variety of applications, including heat recovery, preheating of feedstock, cooling of product streams, and intercooling of gases. The plates are typically made of stainless steel or titanium, which are resistant to the corrosive effects of oil and gas.
crude oil refinery inputs averaged 17.1 “Refineries operated at 94.9 million barrels on June 27, the EIA's latest weekly petroleum status report showed. percent of their operable capacity last week,” the EIA stated in the report.
We are discovering previously unknown hydrocarbon deposits one after the other and further strengthening the country’s security of supply: with the oil deposits in Vecss and Tura and the naturalgas fields in Eastern Hungary, we have reached a five-year peak in domestic production. MOL has ambitious E&P investment plans.
The Minister of Energy of Indonesia Bahlil Lahadalia announced that the country is to build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day (mmbbl/d) increasing from 500,000 b/d, Reuters reported.
The contract includes providing procurement and construction services to build a new inlet facility, and two new gas dehydration and compression trains, each with a capacity of 420 million standard cubic feet per day (mmscf/d), and related infrastructure.
Upstream naturalgas spending is set to maintain the levels seen in 2024. Together, upstream oil and gas investment for 2025 is forecast at less than US$570bn, a decline of around 4%. Global refinery investment in 2025 is set to fall to its lowest level in the past 10 years. trillion going to oil, naturalgas and coal.
million barrel draw in the prior week, with the crude balance again realizing significantly tighter than our expectations amidst another week of disappointing net imports,” the strategists stated in the oil and gas report. “For this week’s crude balance, from refineries, we model an increase in crude runs (+0.2
“For this week’s crude balance, from refineries, we model a minimal reduction in crude runs. crude inventories will be up for the week ending July 4. “This follows a 3.8 Among net imports, we model a sharp reduction, with exports up (+0.7 million barrels per day) and imports down (-0.6
The pressure on supplies has been driven by refinery closures on both sides of the Atlantic and a slew of recent outages, as well as the impact of production curbs by key OPEC+ producers. The cost of the fuel relative to crude — a key trading metric known as the crack — is well above seasonal norms in both regions.
This comes as California gas prices hit $4.61 average, and two announced refinery closures threaten over 17% of the state’s total refining capacity. national oil and gas rig count fell by seven to 547 for the week ending June 27, with oil rigs down six to 432 and naturalgas rigs down two to a total of 109.
Logistics management in the oil and gas industry plays a critical role in ensuring safe, timely, and cost-effective movement of materials, equipment, and personnel across upstream, midstream, and downstream operations. Regulatory Compliance DOT, PHMSA, and international shipping regulations (IMO, IATA).
Vallourec said that the contract aligns with the goals of the Qatari government to increase the country’s oil production by 19 percent and liquefied naturalgas (LNG) production by 85 percent by 2030.
Environmental Protection Agency, over 1,500 industrial buildings utilize cooling towers to cool power plants, petrochemical plants, naturalgas processing plants, petroleum refineries and food processing plants. According to the U.S. Due to their.
SAKHALIN-2 OIL AND GAS AND LNG PROJECT Kremlin-controlled energy giant Gazprom (MCX: GAZP ) in 2024 acquired a 27.5% stake, formerly owned by Shell, in Russian liquefied naturalgas (LNG) producer Sakhalin Energy for around $1 billion, according to a government order.
crude oil refinery inputs averaged 17 million barrels per day during the week ending June 20. “Refineries operated at 94.7 million barrels on June 20, the EIA's latest weekly petroleum status report showed. Propane/propylene inventories increased by 5.1 In the report, the EIA noted that U.S.
ISOTERRA was installed in Chevron’s El Segundo Refinery in California in late 2023. The two-step process involves hydrodeoxygenation of feeds such as vegetable, algae and palm and used cooking oils, followed by dewaxing to meet cold flow property specifications. Last year ISOTERRA was selected for a SAF project in China.
Adnoc isn’t interested in BP’s oil production assets or refineries, the people said. Other oil companies have been running the numbers on BP, whose market value has slid by a third in just over a year to below $80 billion. That makes the option of buying all of BP unattractive, they said.
The condensate produced is used in refineries, petrochemical plants, or as diluent, and requires stabilization before transport — usually handled at facilities operated by MPLX (Cadiz), Williams (Scio), or Ergon Inc.
New MARPOL limits on sulfur content in marine fuels could result in 1-1.8MMb/d of additional refinery runs to produce higher volumes of marine gasoil. Such additional crude demand could provide OPEC with an opportunity to reclaim market share.
Oil and NaturalGas Wells by Production Rate report details state-level distributions of active production. As of December 2024, 22% of the wells for the Nuna and Pikka projects have been drilled, according to company reports and the Alaska Oil and Gas Conservation Commission. EIA’s annual U.S.
Image by Cylonphoto via iStock The European Commission has proposed legislation to stop the importation of naturalgas, oil and oil products from Russia into the European Union by 2027, betting on global liquefied naturalgas (LNG) and increased regional infrastructure interconnectivity. million tonnes for Slovakia and 6.2
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