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Motiva
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Saudi Refining, Inc. and Shell Sign Letter of Intent to Separate Motiva Assets
Sep 28, 2016Saudi Arabian Oil Company ("Saudi Aramco") through its wholly owned Saudi Refining Inc. ("SRI") subsidiary and Royal Dutch Shell plc ("Shell"), through its U.S. downstream affiliate, announce today they have signed a non-binding Letter of ...
Tags: Saudi Aramco, SRI, Motiva
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A Settlement with Three Companies Did Not Conform to Federal Standards
Jan 22, 2015The U.S. Environmental Protection Agency (EPA) today announced a settlement with three companies affiliated with Shell Oil Company to resolve Clean Air Act violations, including selling gasoline and diesel fuel that did not conform to ...
Tags: Vehicle Fuel Standards, gasoline, Auto
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Infrastructure Will Remain The Watchword as US Refiners Look to Further Cement Their Role
Dec 30, 2013Infrastructure will remain the watchword as US refiners look to further cement their role as world class product exporters in 2014, improving export capacity and rejigging refineries to increase their output of export-friendly diesel, ...
Tags: Refinery Output, gasoline
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Shell Announced The Launch of Its Exclusive New Diesel Formulation
Nov 25, 2013Today, Shell, the no. 1 selling brand of gasoline in the U.S., announced the launch of its exclusive new diesel formulation, Shell Diesel FiT(Fuel injection Technology), at more than 60 Shell stations in Waco-Temple, Texas area. This new ...
Tags: Shell, exclusive, Shell Diesel FiT, formulation, Waco-Temple, Texas
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Paying Less for Fuel Becomes a Reality for Fuel Rewards Network Members
Nov 14, 2013Now paying less for fuel is more than just a dream, it is a reality for Fuel Rewards Network (FRN) Members. Since the Fuel Rewards Network program launch in June 2012, drivers across the country have saved more than $100 million on high ...
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The Specification for The NYMEX Futures Contract Changed From Heating Oil to ULSD
Sep 24, 2013The April switch in the NYMEX basis for distillates to ULSD from heating oil has led to decreased volatility in the Gulf Coast ULSD differential, the most liquid product Platts assesses in the Americas. The specification for the NYMEX ...
Tags: Metallurgy, Mineral, Energy
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US Exported The Second Highest Volume of Petroleum Coke Ever in April
Jul 3, 2013The US exported the second highest volume of petroleum coke ever in April, according to US Energy Information Administration data. The EIA April data, released Friday, show exports of 17.78 million barrels, second only to December 2011, ...
Tags: Petroleum Coke Volume
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Saudi Aramco Boosted Its Crude Production to a Record 9.506 Million B/D in 2012
May 29, 2013Saudi Aramco boosted its crude production to a record 9.506 million b/d in 2012, excluding blended natural gas liquids, up 5% from 9.068 million b/d in 2011, the company said in its latest annual report. "During 2012 at Saudi Aramco, we ...
Tags: Saudi Aramco, Crude Output
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US Commercial Crude Stocks Are Expected to Have Increased by 2.3 Million Barrels
Mar 13, 2013US commercial crude stocks are expected to have increased by 2.3 million barrels for the reporting week ended March 8, analysts polled Monday by Platts said. The American Petroleum Institute will release its weekly report at 4:30 p.m. EDT ...
Tags: refinery, crude oil imports, crude oil
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Shell Remains on Track to Grow Its Oil and Gas Production by Over 20%
Feb 4, 2013Shell said Thursday it remains on track to grow its oil and gas production by over 20% in the next five to six years, despite weak North American fuel prices continuing to dent the performance of its key upstream growth centre. ...
Tags: oil, gas production, fuel prices, North America
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NYMEX January Crude Futures Settled 98 Cents Higher at $86.77/Barrel Wednesday
Dec 14, 2012NYMEX January crude futures settled 98 cents higher at $86.77/barrel Wednesday, as the entire oil complex received a boost from the US Federal Reserve's move to continue its quantitative easing program to stimulate the economy. January ...
Tags: oil, heating oil, refinery, Nymex Oil
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Five Petroleum Terminals in New York and New Jersey Remain Closed
Nov 27, 2012Five petroleum terminals in New York and New Jersey remain closed, four weeks after Hurricane Sandy disrupted fuel supplies across the Northeast, the US Department of Energy said Monday. Still closed are storage facilities owned by: Hess ...
Tags: petroleum terminals, fuel supplies, Hurricane Sandy, energy
