He also stated that HPCL has set for itself a goal of achieving Net Zero Scope 1 and 2 emissions by the year 2040 with an overall reduction in carbon intensity. Towards this objective, HPCL refineries stand steadfast in playing their major role i...
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Refineries can’t produce the needed amount of oil. Until then, talk is cheap, and oil prices don’t have to rise too much. It’s going to take the US and the world some time to get over this denial. For the past four years they have been fed a large diet of cow manure, and ...
Perhaps refineries will be refitted to handle the lighter tight oil so that less tight oil needs to be exported and less heavy oil needs to be imported.Watcher 03/11/2019 at 11:50 am Oil production capacity. What does this mean? Formal definition? If KSA has wells drilled and chokes ...
“If Indian refineries on the west coast have been importing lots of Russian crude then yes, probably there will be some Russian crude that has gone into the making of these products,” said Koen Wessels, an oil-products analyst at consulting firm Energy Aspects.This comes at a time when ...
(2018). it's not like those 86 billion barrels are all going to magically be delivered to the refineries all at once. it would take many decades to deliver that resource. commodity trading and the price of oil another part of this discussion is the fact that oil is a commodity like ...
that’s by no means a guarantee that the Chevron refinery will necessarily have access to more oil. Of the 890,000 barrels per day an expanded pipeline would move, 707,500 barrels are spoken for by 13 shippers in offtake agreements, with the oil destined for refineries outside of Canada....
Named the Star Petroleum Refining Company and located in Map Ta Phut, Thailand, the new facility quickly garnered a reputation as one of the world's most technological sophisticated and efficient refineries.In early 1994, management at Caltex, in close consultation with parent companies Texaco and...
It is the oil companies, refineries, and just customers in general of the oil and oil products. Petroleum and petroleum products are just commodities, imported and exported by buyers and sellers of the product, just like any other commodity. OFM 05/03/2022 at 12:13 pm In the meantime,...
There is very little oil used for power generation in the UK Generating sets that are used for temporary purposes and in isolated locations are not counted. In any case they are relatively small. I make models, mainly for process units such as refineries and steam crackers . They never cor...