List of oil refineries - Wikipedia
WEPEC Dalain Refinery, 200,000 bbl/day. Sinopec Jinan Company, 21,000 bbl/day. Sinopec Qilu Company Refinery, 195,000 bbl/day. Sinopec Shanghai Gaoqiao Oil Refinery, 220,000 bbl/day. Sinopec Tianjin Company Refinery, 100,000 bbl/day. China National Petroleum Corporation ( PetroChina) Dushanzi Refinery, 120,000 bbl/day.
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Valero Energy Corporation (VLO) Latest Stock News - Seeking Alpha
New refineries set to come online could cut refiner stocks, gas prices - Barron's SA News Sat, Sep. 23 130 Comments Crude oil extends gains, with some physical crude already touching $100/bbl
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Challenges Ahead For US Refiners? - Forbes
Between 2000 and 2019, US refining capacity and throughput increased substantially (+2.4 and +1.5 million b/d, respectively), even though domestic oil consumption fell slightly.
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First Major New U.S. Oil Refinery Since 1977 Targets Bakken ...
The last greenfield refinery built in the continental United States was opened 43 years ago when Marathon Petroleum opened its spanking-new 200,000 barrel of oil per day (bopd) plant in Garyville ...
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Refining Business & Operations | Valero
Refining Fueling Modern Life ... Valero owns 15 petroleum refineries in the United States, Canada and the United Kingdom. ... Crude Price Bulletin
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Utah Profile - U.S. Energy Information Administration (EIA)
Utah Quick Facts. Utah accounts for 15 of every 100 barrels of crude oil produced in the Rocky Mountain region. The state's five oil refineries, all located in the Salt Lake City area, can process about 206,000 barrels of crude oil per calendar day. In 2022, 53% of Utah's electricity net generation came from coal-fired power plants, down from ...
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Something’s Brewing: China’s “Teapot” Refineries and Middle ...
The number, size, level of sophistication and roles played by China’s independent, or so-called “teapot” refineries, are changing. Their evolution is reflected in the relationships between teapots and Middle East crude oil suppliers. In the battle to ensure their profitability and very survival, smaller Chinese teapots have adopted various measures, including sopping up steeply ...
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Refining crude oil - refinery rankings - U.S. Energy ...
Rank Corporation Company State Site Barrels per calendar day; 1: Saudi Aramco: Motiva Enterprises LLC: Texas: Port Arthur: 626,000: 2: Marathon Petroleum Corp: Marathon Petroleum Co LP
Get EnquoteFrequently Asked Questions (FAQs) - U.S. Energy Information ...
In 2012, Motiva upgraded its refinery in Port Arthur, Texas, making it the largest U.S. refinery, with a capacity of 626,000 b/cd as of January 1, 2023. In 2015, Valero expanded its Corpus Christi, Texas refinery after previous expansions, bringing its capacity as of January 1, 2023, to 290,000 b/cd. The newest refineries currently operating in ...
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The production of fuels and chemicals in the new world ...
The price of crude oil and its rate of production has always been a matter of geopolitics. Impressive as this technological transformation has been, the role of crude oil in the evolution of modern refinery cannot be understated. Its high energy density and recalcitrance to degradation facilitate its transportation across great distances.
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Refining crude oil - inputs and outputs - U.S. Energy ...
The total volume of products that refineries produce (output) is greater than the volume of crude oil that refineries process (input) because most of the products they make have a lower density than the crude oil they process. This increase in volume is called processing gain. The average processing gain at U.S. refineries was about 6.3% in 2022.
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The EU Ban on Russian Oil: Crude Implications for the Middle ...
Prior to Russia’s invasion of Ukraine on February 24, 2022, Urals —Russia’s key crude export grade—served as a baseload for Europe’s refineries, with Russian crude historically making up around 20 percent of Europe’s crude diet. Prior to the EU’s December 2022 ban, refiner self-sanctioning played a significant role in driving down ...
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New policy to extend incentives for setting up refineries
All new deep conversion oil refinery projects of a minimum of 100,000 barrels per day (BPD) refining capacity, to be set up anywhere in the country with government approval latest by Dec 31, 2021 ...
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How India Profits From Its Neutrality in the Ukraine War
A map of the Gulf of Kutch showing key oil terminals and oil refineries, and how many barrels of Russian crude have arrive there from January to May of 2023. Sources: Satellite image by Copernicus ...
Get EnquoteBayway Refinery in Linden, NJ - Phillips 66
The Bayway Refinery is located on the New York Harbor in Linden, New Jersey. Bayway’s facilities include crude distilling, naphtha reforming, fluid catalytic cracking, solvent de-asphalting, hydrodesulfurization and alkylation units. The complex also includes a polypropylene plant with the capacity to produce up to 775 million pounds per year.
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China sets minimum size for new refiners as it caps overall ...
China, the world's top crude oil importer, first unveiled the cap of 1 billion tons, or 20 million barrels per day (bpd), two years ago, in an effort to streamline its sprawling refining industry ...
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A delicate balance as Uganda's oil refinery set for 2023
While the refinery is intended to supply crude for the local markets and that of east Africa, there should be a balance to ensure that the East African Crude Oil Pipeline is adequately supplied with crude. The investor in the refinery equally needs assurance that there will be enough crude (60,000 barrels per day ) of oil to keep the refinery ...
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How a massive refinery shortage is contributing to high gas ...
Exacerbating these high gas prices is a huge shortage in refining capacity in the U.S., which isn't likely to be resolved any time soon. Refiners turn crude oil into usable products like gasoline ...
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Oil Refining - an overview | ScienceDirect Topics
4.4 Oil Refinery. Oil refining is an essential process for transforming crude oil into marketable products such as fuels, lubricants, and kerosene. A typical oil-refining process consists of several processing units such as distillation, cracking, coking, reforming, and posttreatment and refining of the products.
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O’Leary Looks For A U.S. State To Host His $14 Billion Refinery
Shark Tank investor Kevin O'Leary has just announced plans to build a new $14-billion refinery in the United States to help America become more energy independent. The U.S. needs a new...
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The US is producing more oil than any country in history ...
The United States is set to produce a global record of 13.3 million barrels per day of crude and condensate during the fourth quarter of this year, according to a report published Tuesday by S&P ...
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IEA: new refineries will increase global refining capacity in ...
As global demand for petroleum products returned closer to pre-pandemic levels through 2021 and early 2022, the loss of refinery capacity contributed to higher crack spreads — the difference between the price of a barrel of crude oil and the wholesale price of petroleum products — which serve as one indicator of the profitability of refining.
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A barrel of West Texas Intermediate oil costs about $110; and Brent crude, mainly refined into diesel fuel and gasoline, is at $113.The national average price of gasoline: $4.59 a gallon. Late ...
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US oil refiners to defy heat, run plants at mid-90% of ...
Marathon Petroleum (MPC.N), the largest refiner with 13 processing plants that provide 16% of U.S. refining throughput, aims to run at 94% of its combined 2.9 million barrels per day (bpd ...
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Oil refining landscape to resume transformation in 2023 after ...
New oil refineries are set to come online in the East and old refineries will likely be converted into greener processing plants in the West, according to data from S&P Global Commodity Insights.
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Exclusive-Exxon Prepares to Start up $2 Billion Texas Oil ...
It is planned to process Exxon's crude oil pumped from the Permian shale field in West Texas and New Mexico. Exxon said on Friday the total cost of BLADE is $2 billion. In a filing posted on Sept ...
Get EnquoteThe conundrum of new complex refining investments | McKinsey
The increased supply of light crude has also kept low complexity capacity in the market increasing supply from refineries that should have been closed. We believe this will continue to rise till past 2020. Even at sustained low prices, there is enough new crude production capacity that is still in the money to drive growth in light crude supply.
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U.S. Energy Information Administration - EIA - Independent ...
New refinery capacity in the region capitalizes on growing U.S. crude oil production. The region also benefits from existing infrastructure for shipping refined products to the East Coast, to Mexico (the largest destination for U.S. gasoline exports), and to other destinations by way of available coastal tanker loading facilities.
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Executive summary – Oil 2023 – Analysis - IEA
The prevailing trend for both crude oil and products is increased supplies from the Americas and the Middle East to Asia. Refinery additions and dwindling crude production reduces Africa’s crude export potential by around 15% over the forecast period but curbs its net product import requirements by 10%.
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