Shell holds on to Norco
Shell continues to sell off its refineries across the US, however it plans on holding on to the Norco refinery. Read more here.
HollyFrontier buys Shell Refinery in Anacortes
It’s official. The Shell Puget Sound Plant (PSP) refinery has been sold to HollyFrontier. There will be new coveralls at the refinery and a new… Read more »
Digitalization is very important to oil and gas companies
The oil and gas industry has been slow to adopt digitalization, but as the world is becoming even more connected, leveraging their digital assets… Read more »
Another refinery gets mothballed from the fallout over COVID-19
An east-coast PBF Energy is closing down many of its units and laying of hundreds of workers in the wake of lower fuel demand because… Read more »
Corpus Christi barge explosion & fire
A barge in “refinery row” near the Port of Corpus Christi hit a submerged pipeline resulting in an explosion, fire, and several injuries. Read more… Read more »
Venezuela Oil Production Falling to Zero
Due to gross mismanagement by the government of their primary natural resource over the past decade, Venezuelan oil production has fallen to record lows as… Read more »
Marathon Petroleum to permanently idle Martinez CA Refinery
Marathon Petroleum just announced that they will be permanently idling their Martinez, California refinery and another in New Mexico as a result of oil demand… Read more »
BP sells petrochemicals arm for $5 billion
BP has agreed to sell its global petrochemicals business to billionaire Jim Ratcliffe’s Ineos for $5 billion, pulling out of a sector widely seen as… Read more »
Wyoming refinery switching to 100% biodiesel production
The Holly Frontier refinery in Cheyenne, Wyoming will be switching over from crude oil refining to biodiesel production by 2022. Read more about this upgrade… Read more »
Refined oil products consumption is WAY down
The amount of refined products that refineries are producing today is down due to the stay-at-home policies caused by the covid-19 pandemic. These are world-wide… Read more »