"The world price for these refined
products is more closely tied to the world price for oil," explains Edward Hirs, an economist at the University of Houston.
Plains All American is a publicly traded master limited partnership engaged in the transportation, storage, terminalling and marketing of crude oil and refined
products, as well as in the processing, transportation, fractionation, storage and marketing of natural gas liquids.
This will enable us to capture most of the African oil market with our cheap refined
petroleum products, before our neighbours build and start refining their newly discovered oil.
Fiber To Processed food Could Have Negative Health Effects.18 Oct 2018.
Gallagher arranged investor partnerships to produce vast quantities of refined
coal, as the fuel is known in the industry, for utilities across the nation, splitting the benefit of the lucrative government incentive - now worth more than $7 per ton.
He expressed excitement that several investors were developing greenfield refineries that would culminate in about 1,500,000 barrels of oil per day (bopd) being refined
in Nigeria in a few years, making the country the crude processing hub of West Africa and in control of some part of the East Africa market.
'The initial market investigation conducted by MAO indicates that the transaction may affect the sugar industry, particularly the markets for the provision of sugar cane milling and refining services, and the production, distribution and sale of raw sugar, refined
sugar and molasses.
However, the smaller refineries have locational advantages, including access to discounted feedstocks and the ability to sell into regional, higher-margin refined
product markets, which helps increase their profitability.
Chevron and Exxon are struggling with spotty demand in key markets outside the United States for refined
"We hope to keep increasing our production, which saves the national exchequer significant foreign exchange which would otherwise be spent on importing refined
products", said Mr.
It operates the Ruwais and Abu Dhabi refineries, which have a processing capacity of 922,000 barrels per day, and produce over 40 million tonnes of refined
products per year for local and export markets.
The production of refined
petroleum such as premium diesel/gasoil, gasoline and jet fuel for export is the most obvious method of achieving this goal.
Pursuant to the sale agreement, the logistics assets included about 4m barrels of refined
product and crude oil storage tanks, a light products terminal, a heavy products loading rack, certain rail and barge facilities, certain other related logistics assets as well as two crude oil pipeline segments and one pipeline segment not currently in service, each of which is approximately 2.5 miles and extends from SPPR's refinery in St.