After Winter Storm Uri, Gulf Coast Braces for Active 2021 Hurricane Season

Researched by Industrial Info Resources (Sugar Land, Texas)--In the U.S., the Texas Gulf Coast (as well as the rest of the state) suffered…

Industrial Info | Chemical Processing | IIR | Petroleum Refining | Electric Power

Industrial Info

Tue Apr 13 2021

IEA: Pandemic Accelerating Global Refinery Rationalization

Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The COVID-19 pandemic ushered in the global Petroleum Refining Industry's third wave of consolidation,…

Industrial Info | Petroleum Refining | IIR | Crude Oil | covid | Refining | Shutdown

Industrial Info

Thu Mar 18 2021

Severe Weather Keeps Energy Producers Cold in the South, a Weather Impact Update by Industrial Info

Temperatures have remained near or below freezing for several days in the southern U.S., idling production operations for much of the oil, gas, petrochemical…

Industrial Info | Power | Petroleum Refining | IIR | Petrochemical | Natural Gas

Industrial Info

Fri Feb 19 2021

Extreme Cold in U.S. Impacts Industrial Plant Operations in Mexico, a Weather Impact Update by Industrial Info

As temperatures rose on Thursday across much of the Southern U.S., damage assessments were underway in hundreds of industrial plants, and electrical outages have…

Industrial Info | Pipelines | Petroleum Refining | IIR | Ethylene | Natural Gas

Industrial Info

Fri Feb 19 2021

PBF Energy Braces for Another Tough Year in Refining, Eyes Renewable Diesel

The COVID-19 pandemic made no exceptions for refiner PBF Energy Incorporated (NYSE:PBF) (Parsippany, New Jersey), which saw its 2020 revenues fall 42% from 2019…

Industrial Info | Petroleum Refining | Refining | IIR | Crude | Capital Expenditures

Industrial Info

Mon Feb 15 2021

After Winter Storm Uri, Gulf Coast Braces for Active 2021 Hurricane Season

Researched by Industrial Info Resources (Sugar Land, Texas)--In the U.S., the Texas Gulf Coast (as well as the rest of the state) suffered severely during Winter Storm Uri, which caused widespread power outages and the shutdowns of many chemical, power and refining facilities. Having come out of this harrowing situation, the Gulf Coast and the rest of the »

IEA: Pandemic Accelerating Global Refinery Rationalization

Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The COVID-19 pandemic ushered in the global Petroleum Refining Industry's third wave of consolidation, and more closures are on the way as newer, more efficient refineries are brought online, squeezing margins amid an uncertain future demand picture for transportation fuels, according to Oil 2021, a report by the International »

Severe Weather Keeps Energy Producers Cold in the South, a Weather Impact Update by Industrial Info

Temperatures have remained near or below freezing for several days in the southern U.S., idling production operations for much of the oil, gas, petrochemical and petroleum refining industries in Texas, Oklahoma, Kansas and Louisiana. The extreme cold has caused instrumentation failures and ice formation has made valves and safety equipment inoperable. On Monday, there were an estimated 28 billion »

Extreme Cold in U.S. Impacts Industrial Plant Operations in Mexico, a Weather Impact Update by Industrial Info

As temperatures rose on Thursday across much of the Southern U.S., damage assessments were underway in hundreds of industrial plants, and electrical outages have begun to retreat. More than 190 units in 20 petroleum refineries, totaling more than 4.485 million barrels of oil-processing capacity, have been forced offline this week as a result of extreme temperatures. Thirty-six ethylene »

PBF Energy Braces for Another Tough Year in Refining, Eyes Renewable Diesel

The COVID-19 pandemic made no exceptions for refiner PBF Energy Incorporated (NYSE:PBF) (Parsippany, New Jersey), which saw its 2020 revenues fall 42% from 2019 to about $3.65 billion, as many drivers reduced their road time and per-barrel refining margins fell below $10, usually the breakeven line for profits. Executives bluntly acknowledged that its product demand will not see »