Oil Production And Refining

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  1. Oil and Gas: Firefighters knock down blaze at California oil refinery

      TORRANCE, Calif. (AP) — An explosion and fire erupted Saturday at a California oil refinery , exactly two years after a blast that crippled the plant and led to higher gasoline prices, authorities said. No injuries were reported from the Torrance Refining Co. near Los Angeles, and there were no evacuations or damage to any buildings outside the refinery, Assistant Fire Chief Steve Treskes said. Three dozen firefighters using heavy streams of water battled flames that rose 40 feet in the air, and the fire was knocked down in about 30 minutes, Treskes said. "All safety systems at the refinery operated properly, and all personnel are safe and accounted for," Betsy Brien, a spokeswoman for the refinery owner, New Jersey-based PBF Energy Inc. , said in a statement. There was no immediate word on damage or the cause of the blast. However, most of the refinery continued to operate, Brien said. The blast came on the anniversary of a Feb. 18, 2015, explosion that slightly injured four contractors, destroyed a large part of the refinery, rocked the neighboring community 20 miles southwest of Los Angeles and sent a fine white ash raining down on nearby homes and cars. Later in the day, about 400 people gathered at the refinery in a previously planned protest to mark the anniversary and demand a ban on the use of a highly toxic and volatile chemical, modified hydrofluoric acid, the Long Beach Press-Telegram reported ( http://bit.ly/2lwBWri ). The 2015 explosion involved a pollution-control device called a precipitator. Federal regulators later concluded that the explosion could have been prevented if managers had taken into account aging safety equipment and shut down a key, spark-generating part of the refinery before attempting repairs elsewhere. The blast tossed an 80,000-pound piece of equipment within feet of another unit where tens of thousands of pounds of modified hydrofluoric acid were stored in tanks. The U.S. Chemical Safety and Hazard Investigation Board concluded that there was a potential to release a toxic cloud and cause "serious injury or death to many community members." California regulators also fined ExxonMobil — then-owner of the refinery — more than $500,000 for safety violations. Most of the refinery was shut down for more than a year, leading to a shortage of gas that meets California's stricter pollution regulations and higher prices at the pump. Two other incidents were reported in the fall of 2015. One involved a leak of modified hydrofluoric acid and the other a leak in a pressurized pipe that created a large steam cloud. No injuries were reported. The refinery sits on 750 acres and produces 1.8 billion gallons of gasoline a year, which accounts for about 8.3 percent of the state's total refining capacity.

    Online Articles

    Online Articles

    Tue, 21 Feb 2017

  2. Oil and Gas: Nigeria: Up to $100 billion lost from oil militant attacks

    Nigeria lost between $50 billion and $100 billion in oil revenues to militant attacks on installations last year, the country's petroleum minister said Tuesday.

    Online Articles

    Online Articles

    Thu, 16 Feb 2017

  3. Tight oil expected to make up most of U.S. oil production increase through 2040

    U.S. production of tight oil has increased significantly since 2010, driven by technological improvements that have reduced drilling costs and improved drilling efficiency in major shale plays such as the Bakken, Eagle Ford, and the Permian Basin.

    Online Articles

    Online Articles

    Tue, 14 Feb 2017

  4. Vietnam oil imports drop 19.9 percent in 2013

    Vietnam's oil imports dropped 19.9 percent in 2013 while domestic oil production rose.

    Online Articles

    Online Articles

    Wed, 22 Jan 2014

  1. PennEnergy Newscast 1-23-2014

    3:15

    Video

    Video

    Thu, 23 Jan 2014

    3:15

  2. Shale oil brings some hope for eastern oil refineries

    The oil refining sector has suffered around most of the world in recent years, as they struggle to deal with high crude oil prices and slackening demand, particularly in the wake of the recent financial crisis.

    Online Articles

    Online Articles

    Thu, 5 Apr 2012

  3. Sinopec plans major oil refinery expansion

    Already China's and Asia's largest oil refining company, China Petroleum and Chemical Corp, broadly known as Sinopec, recently announced plans to dramatically expand its oil refining plant in the Xinjiang region.

    Online Articles

    Online Articles

    Tue, 14 Feb 2012

  4. Oil and Gas: Giessel flags concerns with House oil tax, credit bill

    An Alaska senator has concerns with a House bill she says constitutes a major rewrite of the state's oil tax policy.

    Online Articles

    Online Articles

    Wed, 15 Feb 2017

  5. Luberef awards Jacobs FEED contract for $1B oil refinery expansion in Saudi Arabia

    Jacobs Engineering Group was awarded a contract from Saudi Aramco Lubricating Oil Refining Co. (Luberef) to provide front-end engineering design (FEED) services to support an expansion project at its lube oil refinery in Yanbu, Saudi Arabia.

    Online Articles

    Online Articles

    Fri, 4 Feb 2011

  6. Caltex sees loss from oil refineries in Australia

    Highlighting the growing challenges facing the oil refining industries, Australian oil refinery operator Caltex Australia Ltd. announced recently that it saw a substantial net loss through last year.

    Online Articles

    Online Articles

    Wed, 29 Feb 2012

  7. Geo Point Technologies keen to develop 'micro' oil refineries in Kazakhstan

    Using a patented oil refining technology, Sinur Oil has built a near zero emissions "micro" oil refinery , expected to process approximately 2,000 tons of crude oil per month.

    Online Articles

    Online Articles

    Mon, 1 Nov 2010

  8. Oil and Gas: Bills aim to beef up oil transportation safety

    With more crude oil expected to move through Washington state, Democratic lawmakers want to toughen rules around oil transportation and raise more money for spill prevention and response efforts.

    Online Articles

    Online Articles

    Tue, 7 Feb 2017

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