
US imports of Canadian heavy crude have more than doubled since 2012, says IHS Markit
This year the US will import more oil from Canada than all the OPEC countries combined – and 80% of those imports will be heavy oil.
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Transition follows sale of select refinery assets to Par Pacific.

Par Pacific paid US$45 million for the refining assets plus additional amounts for certain hydrocarbon and non-hydrocarbon inventory.

The company will correct alleged violations and pay civil penalties.

The company plans to upgrade capacity at the Sweeny Hub and invest US$923 million in refining operations.

Centerpoint BioFuels Plant will convert solid waste into low-carbon, renewable fuel.

The plant is set to begin operations in 2020.

The first ionic alkylation unit in the US will be installed at the Salt Lake City, Utah facility.

The company will supply compact heat exchangers to a US petrochemical plant.

Wood Mackenzie comments on Chevron Phillips Chemical’s decision to cease production.