On Monday, the Trump administration slapped sanctions on Venezuelan crude exports to the US in response to the re-election of President Nicolas Maduro, in a vote viewed by many as fraudulent. AP/Getty Images photo by Juan [Read more]
On Monday, Suncor reported record-breaking production of 831,000 boe/d for the fourth quarter of 2018. The Calgary-based company also reported record quarterly crude throughput of 468,000 bbls/d. Suncor photo. Suncor reports refinery utilization hit 101 [Read more] [Read more]
To be as efficient as possible, refineries are normally designed to process a particular grade of crude oil rather than be able to refine all types of crude oils, which are quite variable in quality. [Read more]
After reporting a net income of $3.4 billion in 2017, Marathon Petroleum Corp has asked the EPA for a hardship waiver which would exempt one of its facilities from biofuels regulations. Marathon Petroleum Corp. Marathon [Read more]
An official with Exxon told Reuters that the global oil giant has plans to expand its Beaumont refinery as well as boost refining capacity at other US Gulf Coast plants. The Examiner photo. Exxon plans [Read more]
Alberta energy diversification should include partial bitumen upgrading, petrochemicals, expansion of oilfield services/manufacturing Economic diversification rarely works. Canadian governments have wasted many billions over the decades, chasing this or that economic flavour of the week [Read more]
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