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Indonesia Bets Big on Oil With $12.5 Billion Refinery Gamble

OilPrice

Indonesia is going all-in on oil with a massive $12.5 billion refinery project, aiming to cut imports, boost energy security, and flex some refining muscle. We will build a refinery that, In shaa Allah, will have a capacity of approximately 500,000 barrels, Energy Minister Bahlil Lahadalia

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Global Clean Energy Holdings Purchases Bakersfield Refinery

NGT News

A Global Clean Energy Holdings Inc. and the owner of the Alon Bakersfield Refinery. Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, […]. Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, […]. a subsidiary of Delek U.S.

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Phillips 66 Plans to Reconfigure Refinery to Produce Renewable Fuels

NGT News

Phillips 66, a diversified energy manufacturing and logistics company, says it plans to reconfigure its San Francisco refinery in Rodeo, Calif., The plant would no longer produce fuels from crude oil but instead would make fuels from used cooking oil, fats, greases and soybean oils. to produce renewable fuels.

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Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360º

(Investing) –HOUSTON – The price spread between WTI Midland crude in West Texas and Houston has narrowed this year as cold weather hurt Permian production, driving up prices, but weaker refinery and export demand on the U.S. refinery utilization stood at 85.6% Gulf Coast pressured that market lower. premium to U.S.

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US Weekly Oil Data

Energy Outlook Advisors

Gasoline inventories are currently at a comfortable level, but refinery maintenance might lead to low levels at the start of summer. There is no bullish case for oil at this stage. We will monitor jet fuel demand, expecting it might decline significantly due to slow economic growth and reduced government travel.

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Ammonia and Hydrogen | Refineries, big oil & gas and the chemical sectors

Energy Central

Ammonia and Hydrogen Refineries, big oil and gas and the chemical sectors Recent announcement regarding ammonia docking facilities and cracking plants prompted me to update the community with a series of global projects involving ammonia, and especially its keys interaction with refining and refineries. This perhaps is.

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US Weekly Oil Data

Energy Outlook Advisors

Even so, we should take these numbers with grains of salt because they are influenced by the freezing weather that shut down some refineries. We will know in the coming weeks if US oil demand is growing. For updated oil market outlook, see: Subscribe now IN DETAIL Read more

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