Israel Crude Imports Slump In 1H 2021 Amid Refinery Outa…
Plummeting oil prices last year gave Israel the perfect opportunity to stock up on crude supplies. But imports have slumped this year as prices have risen. Israel saw its crude imports fall 12% year-on-year to 220,900 b/d for the first half of 2021 putting the country on track for the lowest annual figure since 2015.
Barclays Now Sees Brent Crude At $67 In 2021 | OilPrice.com
Barclays also lifted its WTI Crude estimate to average $58 per barrel in 2021, up by $6 a barrel compared to the earlier forecast. Early on Thursday, both benchmarks were slightly down as of 9:44
Homepage – U.S. Energy Information Administration (EIA)
WTI crude oil futures price. 8/5/2021: $69.09/barrel. down $4.53 from week earlier up $26.90 from year earlier. Natural gas futures price. 8/5/2021: $4.140/MMBtu. up $0.081 from week earlier up $1.949 from year earlier. Weekly coal production. 7/31/2021: 11.122 million tons. down 0.525 million tons from week earlier up 0.648 million tons from
REFINERY NEWS ROUNDUP: Fujairah to get fourth refinery in 2021
Fujairah’s fourth refinery should come online in 2021 as Brooge Energy expects its 25,000 b/d refinery producing low sulfur fuel oil to be launched in the second half of the year. The port’s
REFINERY NEWS ROUNDUP: Gasoline demand rising in Middle East
** Abu Dhabi National Oil Co reported Aug. 17, 2020, "significant progress" on the crude flexibility project, or CFP, at its Ruwais refinery, with "73% project delivery" of the ongoing upgrade. Upon completion in mid-2022, the CFP will allow ADNOC to process up to 420,000 b/d "of heavier and sourer grades of crude oil" at Ruwais.
REFINERY NEWS ROUNDUP: Oil products stocks fall on high
** Abu Dhabi National Oil Co. reported in August 2020 "significant progress" on the crude flexibility project, or CFP, at its Ruwais refinery, with "73% project delivery" of the ongoing upgrade. Upon completion in mid-2022, the CFP will allow ADNOC to process up to 420,000 b/d "of heavier and sourer grades of crude oil" at Ruwais.
REFINERY NEWS ROUNDUP: Limited maintenance in Middle East | S
New and ongoing maintenance. New and revised entries ** Iran's Tehran refinery finished maintenance July 12 on its 125,000 b/d crude distillation unit, the refinery's website torc.ir. Basic overhaul of southern distillation and liquid gas unit at Tehran Oil Refinery ended successful without accident, Ahmad Kheiri, the refinery's director of operations said July 12 quoted by the plant's website
Attack on Saudi facilities sends oil prices surging
China's crude shipments in the first two months of 2021 are up 4.1% on year after the world's top importer expanded its refining capacity and as its fuel demand continued to grow. Despite fast-rising crude prices, Saudi Arabia's oil minister has voiced doubts on demand recovery.
REFINERY NEWS ROUNDUP: Refineries back online in Middle East
**Abu Dhabi National Oil Co. reported Aug. 17 "significant progress" on the crude flexibility project, or CFP, at its Ruwais refinery, with "73% project delivery" of the ongoing upgrade. Upon completion in mid-2022, the CFP will allow ADNOC to process up to 420,000 b/d "of heavier and sourer grades of crude oil" at Ruwais.
Attack On Saudi Oil Facilities Makes Oil Prices Spike : NPR
Attack On Saudi Oil Facilities Makes Oil Prices Spike It's the largest one-day surge in crude prices in years. Yemen's Iranian-backed Houthi rebels claimed responsibility for the strikes, but the
oil refinery: Latest News & Videos, Photos about oil refinery
03 May, 2021, 09.31 AM IST. RIL, owner of the world’s biggest oil refinery, has been dancing the quadrille with Saudi Aramco for nearly two years. At current prices, 1% of Aramco would be worth about $19 billion — not far off the $15 billion price tag put on 20% of Reliance’s energy division, at the time the Saudi company first took an
Economy of Yemen
Yemen contains proven crude oil reserves of more than 9 billion barrels (1.4 × 10 9 m 3), although that is falling from the country's older fields, which have been wrecked by war and corruption, both driven by the fact that oil provides around 90% of the country's exports.
Crude Oil Peak
BP peak oil (UK decline, asset sales and decommissioning Part 2) In part 1 we were looking at BP’s oil field sold (A), for sale (B) or decommissioned (C).That was a sobering experience. In part 2 we analyse fields which are […] NSW power spot price spikes May 2021 become regular (part 2) In this 2nd part we analyze the impact of the
Industries & Applications | Kelvion
Efficient heat transfer technologies, together with process and applications know-how, can help refiners to optimize the use of energy and cut emissions. On ADUs crude preheat trains, Kelvion welded plate heat exchanger K°Bloc can provide a substantial increase in the crude oil temperature before the fired heater, resulting in huge OPEX
REFINERY NEWS ROUNDUP: Saudi crude oil stockpiles climb | S&P
Saudi crude stockpiles were 78 million barrels as of Sept. 23, the highest since April 26, according to data analytics firm Kpler. The kingdom's crude stockpiles are climbing because of weak refining margins, relatively high official selling prices for September cargoes and shrinking domestic consumption, according to Zhuwei Wang, lead Middle East analyst at S&P Global Platts Analytics in Dubai.
China’s Oil Imports Surge Ahead Of Refinery Maintenance
China imported 11.69 million barrels of crude oil daily last month, up by 21 percent on the year, Reuters has reported, citing official customs data. Earlier this month, energy analytics services
Crude Oil Prices
U.S. 2021 Crude Output to Decline Less Than Previously Forecast. For 2022, U.S. demand is forecast to rise by 1.04 million bpd to 20.68 million…. July 8th 2021.
Crude Soars Above $70 After Attack on Saudi Oil Site | Nasdaq
According to Reuters, Exxon Mobil began restarting the large crude distillation unit at its 560,500 barrel-per-day Baytown, Texas, refinery, said two sources familiar with plant operations. Before
Oil Prices Boosted By Falling Crude Inventories
Share Facebook Twitter Linkedin Reddit Premium Content Oil Prices Boosted By Falling Crude Inventories By Irina Slav – Jul 28, 2021, 9:39 AM CDT Join Our Community Crude oil prices rose today
A refined approach: Saudi Arabia moves beyond crude
Unlike diesel, crude oil cannot typically be used as a backup fuel in high-efficiency natural gas-fired power plants. Further, the separation of crude oil into products is enhanced by refinery processing gains through which output volumes are 5–10% larger than inputs (U.S. Energy Information Administration (EIA), 2015). 4. Domestic crude oil
Saudi Arabia in talks to build refinery, petrochemicals plant
Looney said BP aimed to reduce costs so it could generate profits and pay dividends at an oil price of $35 a barrel in 2021, down from a breakeven $56 a barrel in 2019. He said spending could be
Oil Jumps On Significant Crude Draw | OilPrice.com
Yesterday, the American Petroleum Institute estimated a crude oil inventory draw of 8.537 million barrels for the period, which sent prices even higher. For the previous week, the EIA had reported
Parco to build Pakistan's ‘biggest oil refinery’ in Hub
The Capital cost for building oil Refineries is around US$10000 per barrel of refining capacity.Please check cost of Reliance and other refineries.Thus oil Refinery cost must not exceed US$3
Global Refinery Process Additives Market Analysis 2016-2020
Global Refinery Process Additives Market Analysis 2016-2020 and Forecast 2021-2027
Houthi drone attacks on 2 Saudi Aramco oil facilities spark
Estimates suggest it can process up to seven million barrels of crude oil a day. The plant has been targeted in the past – in February 2006, al-Qaeda-claimed suicide bombers tried but failed to
Egypt expands oil refining capacity as it aims for self
In September 2020, Egyptian President Abdel Fattah el-Sisi opened a major oil refinery in northwestern Cairo. A $3.4bn investment, the facility will produce 4.7 million tons of gasoline, diesel
Drone attacks on Saudi plant could hit global oil supplies
Abqaiq, run by state-owned firm Aramco, is described as the world’s most important processing centre, where crude from several of the country’s largest oil fields is sent before being shipped
TENSIONS RISE: Iran Dismisses US – The Yeshiva World
The Khurais oil field is believed to produce over 1 million barrels of crude oil a day. It has estimated reserves of over 20 billion barrels of oil, according to Aramco.
Companies, Company Directory – Crude Oil Refinery – B2b
Crude Oil Refinery, Companies dealing with crude oil refinery, B2B Marketplace crude oil refinery – B2b Marketplace -B2B.TradeHolding.com.