The move is motivated by the company’s desire to maximise profit from the plant during the coming year when a vaccine for COVID-19 is being widely deployed.
John Bel Edwards has announced potential investment by ExxonMobil totalling more than US$240 million at the company’s Baton Rouge Refinery.
The company's Refining capital budget includes US$521 million of sustaining capital for reliability, safety and environmental projects.
The company has been selected by a global O&G major to be the primary engineering partner to support two of the major's integrated refining and chemicals manufacturing facilities in the US.
NuStar Energy LP has announced that it has closed on the sale of its terminals in Texas City, Texas, US, to BWC Terminals for US$106 million.
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.