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 »

Low-demand jet fuel is being re-refined into higher-profit diesel

Because airlines are making 95% fewer flights today than they were at the start of the year, oil refineries have a glut of jet fuel…. Read more »

Low oil prices!

Never before have oil prices fallen into negative numbers. Production, consumption, storage space, and political instability combine to form the perfect storm. Read more about… Read more »

Corona virus upsets refinery maintenance and turnarounds

According to Reuters, the spread of the corona virus has had a major impact on the completion of new construction, regular maintenance and turnarounds at… Read more »