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Webinar in Review: Global Refining's Role in the Appetite for Oil Demand

In a recent webinar regarding the Global Refining Industry, IIR Energy pointed to just less than $100 billion in global refining projects that are under…

Refining | Oil & Gas | Crude Oil | Pipelines | Refining Projects | Refinery Projects | Condensate Splitter Projects | Crude Oil Pipelines | Global Oil Demand

Industrial Info

Mon May 15 2017

U.S. Crude Throughput Grows 300,000 BBL/d for Second Week in a Row

U.S. crude oil throughput increased by more than 300,000 barrels per day (BBL/d) for the second week in a row during the…

U.S. | Crude Oil | DOE | PADD 3 | GulfCoast | PADD2 | Refinery Maintenance | Refinery Turnarounds

Industrial Info

Wed Nov 16 2016

Crude Oil Hits Record Inventory Build at 14.4 Million Barrels

Before we look at the weekly changes to refinery crude runs, we first must highlight the record weekly build in crude oil inventory--14.4 million…

Crude Oil | Refinery Turnaround | Valero | Marathon | Louisiana | Texas | IIR Energy | Refinery Shutdowns | Unplanned Refinery Shutdowns

Industrial Info

Fri Nov 04 2016

Environmental Activists Arrested Following Canada-U.S. Crude Oil Pipeline Disruptions

Several environmental activists have been arrested following a series of disruptions to pipelines carrying oil from Canada to the U.S., according to news accounts.…

Dakota Access Pipeline | Kinder Morgan | Spectra | Enbridge | Enivronmental | Crude Oil | Pipelines

Industrial Info

Wed Oct 12 2016

IIR Energy - U.S Crude Oil Runs Improve Despite Unplanned Refinery Shutdowns

U.S. crude oil runs moved 268,000 barrels per day higher on the week to exceed the previous 2016 high, which was set in…

Crude Oil | Refinery | Unplanned Outages | Gulf Coast | PADD 3 | CDU | Refinery Maintenance

Industrial Info

Wed Aug 17 2016

Key Global Refinery Maintenance Outage Updates

Petro San Felix remains on schedule to perform a 60-day planned plant-wide turnaround in early October 2016 at its 160,000 b/d Petro San…

Refinery Outage | Refinery Turnaround | Maintenance | Crude Oil | IIR Energy | FCCU | Gasoline

Industrial Info

Tue Aug 09 2016

Magellan Midstream Pegs $850 Million Capex for Projects Under Way in 2016

Magellan Midstream Partners LP (NYSE:MMP) (Tulsa, Oklahoma) expects capital expenditures for projects under way this year to be $850 million. This includes a newly…

Construction | Condensate Splitter | Magellan Midstream | Corpus Christi | Crude Oil | Project Engineering

Industrial Info

Wed Aug 03 2016

Webinar in Review: Global Refining's Role in the Appetite for Oil Demand

In a recent webinar regarding the Global Refining Industry, IIR Energy pointed to just less than $100 billion in global refining projects that are under construction, with another $257 billion that are in the planning and engineering stages that are planned to kick off in the next two years, although not all of these projects will make it to construction. »

U.S. Crude Throughput Grows 300,000 BBL/d for Second Week in a Row

U.S. crude oil throughput increased by more than 300,000 barrels per day (BBL/d) for the second week in a row during the week that ended November 11, according to the Department of Energy (DOE). The big increase came in PADD 3, where the Gulf Coast is recovering from fall refinery maintenance. PADD 3 crude runs are now »

Crude Oil Hits Record Inventory Build at 14.4 Million Barrels

Before we look at the weekly changes to refinery crude runs, we first must highlight the record weekly build in crude oil inventory--14.4 million barrels! This is the highest crude import number in more than four years; along with a slight slowdown in crude runs, it was responsible for the massive increase in inventory. Regarding the weekly change in »

Environmental Activists Arrested Following Canada-U.S. Crude Oil Pipeline Disruptions

Several environmental activists have been arrested following a series of disruptions to pipelines carrying oil from Canada to the U.S., according to news accounts. According to Bloomberg, at least nine arrests were made after valves for five pipelines were closed in Washington, Minnesota, Montana and North Dakota. A group called “Climate Direct Action” claimed responsibility for the disruptions, saying »

IIR Energy - U.S Crude Oil Runs Improve Despite Unplanned Refinery Shutdowns

U.S. crude oil runs moved 268,000 barrels per day higher on the week to exceed the previous 2016 high, which was set in mid-July. Crude runs improved in all regions except for PADD 1, which saw a small decline. The Gulf Coast was the main driver of this week’s increase in crude throughput. PADD 3 shrugged off »

Key Global Refinery Maintenance Outage Updates

Petro San Felix remains on schedule to perform a 60-day planned plant-wide turnaround in early October 2016 at its 160,000 b/d Petro San Felix Venezuela Crude Upgrader. Units will resume activities by the end of November, 2016. Par Hawaii Refining LLC is in the process of completing a planned plant wide maintenance turnaround at its 75,000 b/ »

Magellan Midstream Pegs $850 Million Capex for Projects Under Way in 2016

Magellan Midstream Partners LP (NYSE:MMP) (Tulsa, Oklahoma) expects capital expenditures for projects under way this year to be $850 million. This includes a newly announced marine terminal along the Houston Ship Channel in Texas, and a soon-to-be completed condensate splitter in Corpus Christi. The planned 1 million-barrel refined products and ethanol storage facility in Pasadena, Texas, has a $335 »