Phillips 66 outlines 2021 capital programme
The company's Refining capital budget includes US$521 million of sustaining capital for reliability, safety and environmental projects.
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Royal Vopak and BlackRock's global energy and power infrastructure fund (GEPIF) has completed the acquisition of three industrial terminals from Dow on the US Gulf Coast.
The consulting firm's index will account for the typical crude run in US West Coast refineries, the cost of compliance with greenhouse gas-reduction regulations, and local refined product prices.
Shell may begin the permanent shutdown of its 211 146 bpd Convent, Louisiana, refinery early next week.
NextDecade Corp. has selected Great Lakes Dredge & Dock Corp. to improve channel access to its Rio Grande LNG facility, Texas, US.
Hartree Refining Co. has completed the acquisition of the splitter and terminal business Channelview.
Permanent refining capacity closures expected for 2020 – 2021 have risen to about 1.7 million bpd, the IEA has said in its monthly report.
As of 30 October, US refinery runs were 14 million bpd, or about 13% lower than the average for this time of year, according to the EIA Weekly Petroleum Status Report.
PBF Energy will shut most refining units at its Paulsboro, New Jersey, US, refinery.
CITGO Petroleum Corp. has announced that its Corpus Christi refinery has received the 2019 ENERGY STAR® certification, awarded by the US Environmental Protection Agency (EPA).
