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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. They are now repurposing jet fuel as feedstock for higher-profit diesel fuel. Read more about this here.

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 this once-in-a-lifetime event here.

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 oil refineries. Some projects as well as entire units have been shut down and workers sent home. Read more about it here.

The effects of corona virus quarantines causing low oil demand and the current oil price war has dropped oil prices to between $20-25 per barrel to an 18-year low. Read more here.

The one-two punch of falling oil prices & corona virus has resulted in a new-normal way of doing business in the oil patch. Read more about it here.

Shell is selling two of its oil refineries. The Anacortes, WA oil refinery is where AIS first started back in 1995.  Read more about this here.

PES refinery was once the largest refinery on the east coast. Now after a major fire and bankruptcy the site will be cleared for multiple-use industrial facilities. Read more about it here.

Read what Chet Thompson, President of the American Fuel and Petrochemical Manufacturers, has to say about this subject here.

Making petrochemicals like High Density Polyethylene (HDPE) is a high temperature, high pressure, high volume, and hazardous business. AIS Software creates software solutions for oil refineries and chemical plants to reduce the hazards by delivering the right information to the right people at the right time to make the right decisions. Fortunately there were no … Read more

Philadelphia Energy Solutions recently received city zoning approval to carve out a 23-acre parcel from the bankrupt refinery complex to accommodate a renewable gas plant, setting the stage for a reuse of part of the property that is now undergoing a court-supervised sale. RNG Energy Solutions LLC, which entered into a long-term lease with the … Read more