Offshore Refineries

Wednesday, 04 October 2023

Latest News for: Offshore refineries

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How oil and gas company tax reliefs could lose the UK billions

The Conversation 04 Oct 2023

The recently-approved Rosebank oil field in the North Sea has been touted as a way to boost the UK economy and its energy security ... But, according to my research , it could instead create billions in tax savings for the companies involved ... The oil will be offloaded offshore. It is a light, sweet crude oil that can be used in refineries in the UK ... .

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BP's US boss to leave company weeks after CEO Looney

RTE 02 Oct 2023

Lawler's departure piles pressure on BP's chairman, Helge Lund, and its board as they seek to project stability in the wake of Looney's abrupt resignation ... It includes oil and gas production in the Gulf of Mexico and onshore shale basins, and several refineries, as well as large investments in offshore wind, biogas and retail ... .

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ExxonMobil’s Plan to Truck Crude Across Central California Nixed by Federal Judge

The Epoch Times 29 Sep 2023

ExxonMobil lost its latest bid to transport millions of crude from shuttered offshore oil platforms off the central California coast to state refineries.

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California Judge Denies Exxon's Right To Use Tanker Trucks

Oil Price 28 Sep 2023

... to move crude oil from offshore platforms to refineries after the rupture of a pipeline seven years ago.

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After BPCL, ONGC signs up HPCL for sale of oil from Mumbai offshore fields

Financial Express 24 Sep 2023

In a post on X, formerly known as Twitter, ONGC said it has inked “term agreement with HPCL for sale of crude oil from Mumbai offshore.” While it did not give details, ... Pipelines from fields in Mumbai offshore directly connect to BPCL and HPCL’s Mumbai refineries.

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Here are all the climate and environment bills that California just passed

The Los Angeles Times 19 Sep 2023

Assembly Bill 1373 — which could help get California's first offshore wind farms ... But they've shielded oil refineries, offshore oil drillers and other polluters from having to pay by using the public's money to fund emissions-reduction programs, The Times' Tony Briscoe reports.

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BP Plans $11 Billion Clean Energy Investment In Germany By 2030

Oil Price 13 Sep 2023

BP plans to further expand its EV charging network in Germany, expand into offshore wind, decarbonize ...

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Why Hurricane Idalia Could Push Down Gas Prices

Market Watch 30 Aug 2023

Floodwaters inundate downtown Tarpon Springs, Florida after Hurricane Idalia passed offshore on Wednesday ... Hurricanes often damage oil refineries, causing prices of fuels like gasoline to soar ... Harvey damaged refineries owned by Exxon Mobil (ticker ... refineries ... Some refinery outages—not related to hurricanes—have also reduced capacity.

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Hurricane Idalia Could Push Down Gas Prices. The Impact on Refineries.

Market Watch 30 Aug 2023

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Iran opens last phase of world’s largest offshore gas field

Anadolu Agency 28 Aug 2023

... and forms the northern part of the offshore North Dome gas field in Qatar ... We have achieved self-sufficiency in developing oil and gas fields and drilling onshore and offshore wells, as well as horizontal drilling, directional drilling, refinery construction, etc.,” he said.

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Iran opens last phase of South Pars gas field developed amid sanctions

Press TV 28 Aug 2023

... offshore platform, the installation of which has been hailed a national feat ... We have achieved self-sufficiency in developing oil and gas fields and drilling onshore and offshore wells, as well as horizontal drilling, directional drilling, refinery construction, etc.,” he said.

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Oil inches up as China boosts economy, but growth jitters linger

Business Day 28 Aug 2023

China halved stamp duty on stock trading in the latest attempt to boost struggling markets ... US Gulf storms and hurricanes can have an effect on oil markets because of their potential to disrupt offshore installations and refineries. Idalia’s most likely impact is a day or two of power outages, said IG market analyst Tony Sycamore ... Reuters .

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China to raise gasoline, diesel retail prices

Xinhua 23 Aug 2023

China's three biggest oil companies -- China National Petroleum Corporation, China Petrochemical Corporation, and China National Offshore Oil Corporation -- and oil ...

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Fuel prices to increase in China

Anadolu Agency 23 Aug 2023

... Petroleum Corporation (CNPC), China Petrochemical Corporation (SINOPEC), China National Offshore Oil Corporation (CNOOC) and refineries, maintain oil production and facilitate its distribution to ensure supply stability.

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Philips 66, Orsted Pause Work on British Gigastack Hydrogen Project -- OPIS

Market Watch 21 Aug 2023

The Gigastack project, located at Phillips 66's Humber Refinery in northeast England, plans to use the renewable energy generated from the Hornsea 2 offshore wind farm, some 1.3 gigawatts, to generate green hydrogen. This renewable hydrogen will then be supplied to the Humber refinery, to replace some of the hydrocarbon fuels used at the refinery ... .