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Monday, February 9, 2026

Refined Products

Marcellus and Utica Region Will Supply Nearly Half of Nation’s Natural Gas by 2040: IHS

March 21, 2019

Natural gas liquids production in the Marcellus and Utica formations expected to nearly double in Ohio, Pennsylvania and West Virginia, drawing petrochemical expansion According to a new study from IHS Markit, the Marcellus and Utica shale formations’ production will increase exponentially in the next two decades, driving petrochemical growth in the region. Natural gas from the tri-state region of Ohio,

TechnipFMC JV Completes Scope of Work on Sasol Ethane Cracker Project in Louisiana

March 21, 2019

Project is expected to triple Sasol chemical output capacity in U.S. TechnipFMC (stock ticker: FTI, $FTI) in joint venture with Fluor, has completed its engineering, procurement and construction management (EPCM) services on Sasol’s world-scale petrochemical complex in Westlake, Louisiana. As planned, TechnipFMC/Fluor resources will provide assistance to the Sasol team at the LCCP project site for the remaining activities, working

U.S. Chemical Production on Gulf Coast Starts New Year with a Gain

February 26, 2019

According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) rose by 0.3 percent in January, following a 0.6 percent gain in December and a 0.2 percent gain in November. During January, chemical output rose across all regions, with the largest gains in the Gulf Coast region. Chemical production was mixed over the three-month period.

The Shale Boom in the Permian Is Slowing Down - 360

Plan to Refine Permian Oil at Home: Meridian Shoots to Build Second Refinery

February 12, 2019

Almost half of all U.S. crude oil production from onshore basins comes from the Permian Basin according to the EIA. We’re talking about a massive amount of daily oil production–3.8 million barrels per day. And now a home-based Permian refinery has landed on the drawing boards that aims to start processing West Texas light oil at home in the heart

Davis Refinery Permit Upheld by North Dakota District Court

January 29, 2019

All four appeals were ruled in favor of Meridian A North Dakota District Court has upheld the Permit to Construct for the Davis Refinery from Meridian Energy Group, Inc. The permit was issued on June 13, 2018 as a Synthetic Minor Source. The PTC issued by the North Dakota Department of Health – Air Quality Division was challenged after a thorough

Saudi Arabia May Target U.S. Refiners with 40% Oil Export Cut

December 14, 2018

From Bloomberg After flooding the U.S. market in recent months, Saudi Arabia plans to slash exports to the world’s largest oil market in the coming weeks, in an effort to dampen visible build-ups in crude inventories. U.S. refineries given notice to expect lower shipments from Saudi in January; cut could test 30-year low American-based oil refiners have been told to

Canadian Heavy Oil Prices are Falling Faster than Global Crude Benchmarks - Oil & Gas 360

The U.S. Imports More Oil from Canada than All OPEC Countries Combined

December 11, 2018

80% of the imported Canadian oil is heavy oil According to EIA data, in 2017, the United States imported approximately 7.969 MMBOPD of all grades of crude oil from about 80 countries. The EIA calculates that 3.117 MMBOPD came from OPEC countries and 3.446 MMBOPD came from Canada in 2017. According to a new report out today from IHS Markit, U.S.

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