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

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

LyondellBasell Concentrates Capex on PO/TBA Project as Profits Begin to Rebound

Chemical producer and petroleum refiner LyondellBasell Industries NV (NYSE:LYB) (Houston, Texas) has earmarked the majority of this year's growth project capital expenditures for its…

Industrial Info | Chemical Processing | covid | IIR | Capital Expenditures | Refining

Industrial Info

Thu Feb 04 2021

Major Maintenance Projects to Experience Skilled Craft Shortages and Compensation Risk

Industrial Info tracks and reports on past, current and future turnarounds, outages and shutdowns in the Power, Refining, Oil & Gas and Chemical industries. You…

Maintenance | Maintenance Turnarounds | Refining | Refining Outages | Oil & Petroleum | Petrochemical | Power Plants | Chemical Processing | Chemical Plant

William Ploch

Wed Mar 18 2020

Join Industrial Info for Asia-Pacific Spending Outlook Events

Industrial Info is pleased to be hosting two outlook events (one webinar, one live event) on its spending outlook for the Asia-Pacific (APAC) region in…

Oil & Gas | Energy | drilling | Refining | Refining Projects | Petroleum Refining | Crude Oil | Oil | Natural Gas | LNG | Pipelines | Mining | Midstream

William Ploch

Tue Feb 26 2019

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 »

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 »

LyondellBasell Concentrates Capex on PO/TBA Project as Profits Begin to Rebound

Chemical producer and petroleum refiner LyondellBasell Industries NV (NYSE:LYB) (Houston, Texas) has earmarked the majority of this year's growth project capital expenditures for its propylene oxide and tertiary butyl alcohol (PO/TBA) unit addition in Channelview, Texas. Work on the project ramped up during the fourth quarter of last year after slowing down earlier in the year, when the »

Major Maintenance Projects to Experience Skilled Craft Shortages and Compensation Risk

Industrial Info tracks and reports on past, current and future turnarounds, outages and shutdowns in the Power, Refining, Oil & Gas and Chemical industries. You can learn about “competing events” in your regions. Here’s a regional breakdown. U.S. Gulf Coast: Major maintenance events in early and late 2020 and early 2021 will experience skilled craft shortages and higher »

Join Industrial Info for Asia-Pacific Spending Outlook Events

Industrial Info is pleased to be hosting two outlook events (one webinar, one live event) on its spending outlook for the Asia-Pacific (APAC) region in March. On March 6 at 9 a.m. CST (10 a.m. EST), Industrial Info will present a complimentary webinar on the APAC Oil & Gas project spending outlook. Join Shaheen Chohan, Industrial Info's vice »