* Plantwide outage, MECS awarded spent acid regeneration plant at Sinopec Zhenhai. Investing in innovations such as CATOFIN Technip Energies awarded a contract for Juhuas Greenfield chemical complex in China. How Does Robotic Process Automation (RPA) Work? During the turnaround the hydrocracker will be converted for renewable fuels production with completion and start-up of the renewable diesel unit expected in mid-April, chief executive David Lamp said on the company's third quarter earnings call. Proud to serve the communities where we live and work. If you want to keep costs down for turnaround activity and still hit your turnaround goals, its important to think broadly about the entire turnaround. Irving Oils execution of two turnarounds this year including the $35-million Operation Wolf this past spring represents an overall private investment of $207 million and the creation of 2,600 temporary jobs this year. Clariant announced today the grand opening of its new CATOFIN catalyst production site in Jiaxing, Zhejiang Province, China. "Gasoline was relatively weak relative to diesel but still is strong relative to history and to crude. Commodity Prices and Essential Market Data, Upstream Cost Analysis Service First Quarter 2023 Update, S&P Global Commodity Insights East Africa Forum. US refiners see strong Q4 earnings continuing into 2023 as turnarounds increase, US POWER TRACKER: Cheap gas, bearish weather may weaken Southeast US prices, Around the tracks: Automakers race to secure EV battery supplies, Diesel demand strong ahead of Feb. 5 Russian ban. Learn more at irvingoil.com. Operation Wolverine has the potential to create approximately $12 million in benefits for the local Saint John economy, and represents the companys commitment to job creation, asset integrity and reliability and economic investment in the region. Receive daily email alerts, subscriber notes & personalize your experience. Tosca Blu. Technip Energies has been awarded a contract by Ningbo Juhua Chemical & Science Co., Ltd. (Juhua) for a 1,3-propanediol (PDO) plant with a capacity of 72 kta and JERA Co Inc, is delighted to announce that it has entered into a Memorandum of Understanding with Korea Gas Corporation, regarding cooperation in the LNG business. US refiners are expected to report elevated earnings for Q4 2022, which are spilling over into 2023 as demand remains healthy amid anemic inventories that are expected to fall on heavier-than-2022 turnarounds, an analysis from S&P Global Commodity Insights showed Jan. 25. All Rights Reserved. There are full reimbursements and stipends with both of these requirements. Q2 refinery utilization is expected to be in the low 90% range, with turnaround expenses of $230 million-$250 million. Planners should have access to numbers and . Although such safety concerns are absolutely warranted, these practices play an essential role in keeping industrial operations running safely. The company also plans to spend $45-60 million on its lubricants division, a small increase from 2021. Planners should have access to numbers and results from previous turnarounds to properly scope the next one. To continue reading you must login or register with us. The simplest solution to complex insurance problems. Cost-cutting was once again cited by sources with links to the refinery for the postponement. Deliver intelligent, connected insurance experiences. Refinery Report - May 2022 - IBEW Refinery Report - May 2022 May 9, 2022 Torrance PBF Refinery for M.B. Contractors need to be properly onboarded and offboarded. View B2B & Commercial overview. The additional workforce with more than 84% expected to be from Atlantic Canada will be comprised of boilermakers, electricians, laborers, scaffolders, pipefitters and many other skilled workers. Unfortunately, turnarounds often run over schedule, expand in scope (and budget), and sometimes fail to deliver on key strategic goals. Many US refiners delayed or rearranged their turnaround schedules as a result of the coronavirus pandemic in 2020. Reuters reports that plant turnaround postponements could result in a bottleneck in the coming year or two, as companies work to get back on track. Accelerate your business with packaged applications. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Receive email updates as soon as units go offline and come back on getting instant information you dont have to track down. Valero commissions Port Arthur refinerys delayed coking project. It can serve as a return to normalcy following a year that was anything but normal. They are down slightly over the past 6 months. Technology can help with these issues. Modernize your claims processes in weeks. Phillips 66 is one of the largest importers of heavy Canadian crude, taking about 165,000 b/d of Western Canada Select into its Central Corridor or Midcontinent refineries in February, according to most-recent US Energy Information crude import data. We had a Paramount Planning Commission Board meeting scheduled for Monday, March 14, at the City of Paramount City Hall at 5:30 p.m. During this meeting, Local 11 had members who live in the city of Paramount present speeches on behalf of the IBEW to the project's commissioning board and the . This current and complete list of planned and unplanned U.S. refinery maintenance enables you to act on U.S. operational events that affect refinery production of fuel and market supplies. While this may seem daunting, best-in-class low-code platforms offer the leverage to build out full applications in a fraction of the time of traditional development. (The midpoint of that range is about $60 million higher than had been forecast this fall (OGJ Online, Nov. 4, 2021) because of the timing of some invoices.). This list includes only major projects that will have a material impact on production and is subject to change. Herman said Phillips 66 realizes there is push in California toward alternative vehicles such as EVs, but "renewable diesel is a needed fuel now, and the quicker we can get going the quicker we can get up and running to provide those fuels to the California public.". Please use the button below and we will bring you back here when complete. To receive the reimbursement and stipend, please bring the RSO card with a current dues receipt, and proof of payment of the course to any dispatch window. Build exceptional customer relationships. The leaders of Dallas-based HollyFrontier outlined their spending plans for next year in a US Securities and Exchange Commission filing, saying they are looking to put to work between $250 million and $270 million on their refining and marketing operations. While we provide general guidance on the timing and duration of the maintenance, we do not disclose specific beginning and end dates. SAINT JOHN, NB On September 6, Irving Oil began the fall turnaround project at its Saint John refinery, the second of two turnarounds planned for 2022. NDT Assistants. The Appian Platform includes everything you need to design, automate, and optimize even the most complex processes, from start to finish. . Thumbs Up on Two Contracts I am happy to report to you that on July 16,, Read More Business Managers Message July 2022Continue, Youre invited to join us for our annual IBEW 11 Holiday Breakfast. Our Edmonton refinery processes product from Suncor's oil sands operations and supplies Western Canada with a large portion of gasoline, diesel, jet fuel and aviation gasoline by truck, rail and pipelines. Please get signed up at the ETI for the RSO20 course so all our members can take a call out to our refineries. HOUSTON (ICIS)-Many turnarounds at plants and refineries scheduled for 2020 were deferred because of the pandemic, which has put increased pressure on turnaround managers, panellists at the Reuters USA Downstream conference said on Thursday. Along the USGC, planned work is already underway at several major facilities, including ExxonMobil's 520,000 b/d Baton Rouge, Louisiana, refinery, with USGC refinery utilization for the week ended at 87.7% of capacity, most recent EIA data shows. 25 jobs. It is winding down a bit and the current turnaround will possibly be completed in about a month. "It really positions us well then to run very strong throughout the summer driving season, and we won't come back to any significant turnaround activity until after Labor Day," he added. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Unfortunately, in practice, the lessons from a given turnaround dont always get applied to the next. Herzog:At the Torrance Refinery, M.B. Lombardia. https://www.linkedin.com/company/oil-&-gas-journal. The cute staff welcomes visitors all year round. Interested in subscribing? Turnarounds are substantial events with a considerable amount of planning, and we appreciate the work of our people and our partners to make not one but two turnaround events possible this year, said Irving Oil Chief Refining and Supply Officer Kevin Scott. Listen. Herzog plans to start putting in manpower requests in May for turnaround work which is scheduled to begin this summer. This list includes only major projects that will have a material impact on production and is subject to change. Your reference for vacuum gasoil, naphtha and light cycle oil pricing, news and analysis. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Refinery Report - March 2022. Quantum Energy service subscribers have access to: Get in touch with us for subscription information on all three Quantum platforms, or help with the service. Field teams should have access to instructions on performing a given task during shutdowns. var CurrentYear = new Date().getFullYear() Randy Pound, director of performance solutions with Hargrove Engineers and Contractors and . Memphis Crude/FCC/Alky 105,000 March 45 This ensures steps get followed in the proper sequence and ensures consistent data capture and audit trails. Watch the live recordings from each event. The company sees "profitability on that unit", Herman said, adding it's been a learning experience as to how feedstock costs like soybean oil, the price of California's Low Carbon Fuel Standard credits and RINs intersect on the commercial side as well as operational best practices for using bean oil feedstocks through the units. Create exceptional experiences for every user. Additionally, it simplifies a lot of the additional work by creating an abstraction layer for data. Enable compliance and reduce risk from on platform. Commodity data tracker Kpler showed that in December the three-month average of European gasoil imports from Russia was 186,000 b/d, with volumes rising in the week beginning Jan. 16 to 220,000 b/d. HollyFrontier Corp. expects to spend $645-810 million on capital projects in 2022, a notable drop from a year in which it spent about $300 million on turnarounds and more than $500 million to set up a renewable diesel operation. The spectacular ambiance makes a positive impression on customers. ENR Texas & Louisiana reinforces the idea that turnarounds might find themselves pushed back by a year and a half or so, until market conditions become more stable. This wrap-up includes capturing lessons learned and, hopefully, bringing these insights into the next turnaround. "On the product crack side, diesel has been very strong," Joswick said. In the former of those categories, HollyFrontier executives plan to spend between $70 million and $100 million, a drastic dropoff this years program. Katherine dEntremont Port Arthur Hydrocracker 45,000 March 38 Modernize and automate reinsurance processes. Employees need access to knowledge management systems to ensure theyre taking the proper steps. "It has a lot to do with how quickly crude ran up, particularly in the back couple weeks of the quarter," Garland added. . May 15 - 19 2023 2023 Spring Refining and Equipment Standards Meeting Location: Seattle, Washington, United States Hosted By: American Petroleum Institute (API) Exhibitions & Trade Shows Standards & Committee Meetings May 16 - 17 2023 Oil & Gas Digital Transformation Conference 2023 Location: Virtual Event Hosted By: PTN Events |, EIA ANALYSIS: US gasoline production slips lower again, EIA ANALYSIS: US refiners ease off gasoline production, Oil futures: Brent slides below $79/b on weak China data, US concerns, BRAZIL DATA: Crude exports at record high as refiners slow output, US oil drilling rig count steady, edges down through April - Baker Hughes, Russia halts oil output data until at least April 2024 - report, Oil futures: Crude rebounds as Citi's Morse calls market bottom, US sets temporary waiver for E15 gasoline sales across country, Light end summary: Gasoline exports rebound, naphtha points east, Euro oil/products: Crude unwinds some losses, still down on week, STOCKS DATA: ARA gasoil, gasoline drain on exports, Fuel summary: Residual cracks hold up as rest of barrel slides, Chevron outperforms on downstream results, Enis 2023 margin up on gasoline, jet, but diesel outlook bearish, Distillate summary: Asia refiners eye run cuts as ULSD flips to contango, Diesel cracks at 16-month lows as distillate selloff continues, Exxon books record profit, eyes high EU gas, CO2 price for greater margin, Japanese utility purchases 'carbon-neutral' gas with nature offsets, JAPAN DATA: March road fuel demand dips, jet at post-Covid high, Dubai crude rebounds 6% in April, Saudi June OSPs seen mixed, Woodside staves off activist bid to force tougher climate policies, Neste profits slide after Rotterdam fire, warns on products outlook, Quantum Energy Daily - the daily published market information to your email. Digital transformation can help improve the process, but it requires thinking broadly enough on the turnaround process. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Phase V: Execution. Turnarounds planned at CVR Energy Oklahoma refineries in 2022, 2023 Reuters Nov 2 (Reuters) - CVR Energy (CVI.N) will move up a planned turnaround at its 70,000 barrel per day Wynnewood,. Everything we can see, we've got good support in that community," he added. After all, the work requires extra personnel to make their way on-site, opening the door to potential virus spread. "Coming out of that, we would expect the Board of Supervisors to grant the permit and allow us start work shortly after that. But attempts to improve the process will fall short if you make a common mistakefocusing exclusively on the execution phase. React quickly to unexpected supply and demand issues during emergencies such as refinery accidents and severe weather events. Any turnaround solution requires data from across refinery operations. Discover more about S&P Globals offerings. Jan 3 (Reuters) - U.S. oil refiner HollyFrontier Corp's fourth-quarter throughput will be lower than forecast, hit by weather and turnaround setbacks at refineries in Washington, New Mexico and . As prices of heavy crude rose following bans announced late February on Russian crude and petroleum products after the country's its incursion into Ukraine, Phillips 66's saw its Midcontinent refining margins negatively impacted by about $3/b. Tom Wilson, Global Industry Leader, Energy. To learn more about the companys core values, sustainability goals and evolution for the future, please explore its 2021 Report on Sustainability at irvingoil.com. Sort by: relevance - date. On the USAC, Phillips 66 moved up a major 60-day turnaround on its Bayway refinery to start on Jan. 21 instead of February after the cold weather impacted operations, which is likely to lower the region's almost 91% of refinery utilization so far in Q1. You exceeded the limit of bookmarked content(only 15 bookmarks are allowed).Please remove one of the bookmarks. See the latest feature and product updates to the Appian Platform. Improve customer service and efficiency in weeks. Irving Oil's $172M refinery turnaround will bring more than 2,200 workers on site - representing a significant investment in national energy security September 8, 2022 SAINT JOHN, NB - On September 6, Irving Oil began the fall turnaround project at its Saint John refinery, the second of two turnarounds planned for 2022. The teams of Operation Wolverine will focus on the safety, quality and reliability of the facilitys infrastructure, while working to increase the overall efficiency and performance of the Saint John refinery. Due to occupancy and distancing concerns related to the COVID-19 pandemic, World Oil reportedthat many operations placed such practices on hold. We are on a continuous journey of sustainable development, working to reduce our environmental footprint while continuing to provide safe and reliable energy to our customers. Cal. When running this on a turnaround, you can incorporate this data into your postmortem on the turnaround and use it to inform any changes to your workflows to streamline the next shutdown. Learn critical downstream energy news immediately. Accelerate enterprise performance with hyperautomation. Q2 refinery utilization is expected to be in the low 90% range, with turnaround expenses of $230 million-$250 million. It is used by refiners to price feedstocks for their facilities or sell product back into the market, and as a cost basis for traders. During the shutdown, more than 250 new valves were installed and work began on a pipeline which will facilitate a 100,000 barrel a day expansion project.
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