If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.

 

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRDSA.L Share News (RDSA)

  • There is currently no data for RDSA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Motiva Port Arthur Refinery eyes July for CDU overhaul -sources

Fri, 13th Mar 2015 17:29

(Adds Motiva comment, details)

HOUSTON, March 13 (Reuters) - Motiva Enterprises LLC is considering starting a planned overhaul of thesecond largest crude distillation unit at its 600,250 barrel perday (bpd) Port Arthur, Texas, refinery in July because of delaysin the schedule caused by a strike, sources familiar with thecompany's plans said on Friday.

Preparations for a 45-day overhaul of the 195,000 bpd CDU,called VPS-4, are about four weeks behind schedule, the sourcessaid.

The timing of the CDU overhaul is also contingent onsuccessful completion of an overhaul of the refinery's 92,000bpd gasoline-producing fluidic catalytic cracking unit (FCCU).That unit's return has been delayed by problems restarting aheater, the sources said.

A Motiva spokeswoman said the company routinely scheduleswork to maintain units at its refineries.

"We schedule our maintenance programs in advance and makeadjustments to our schedule based on the needs of our business," Motiva spokeswoman Kelly op de Weegh said.

She declined to discuss planned work on specific units.

Before the on Feb. 21 start of a strike by workers at therefinery, which is the nation's largest, Motiva had planned tostart the CDU overhaul in June.

Nine other units are planned to be shut for overhaul whileVPS-4 is being worked on. Among the other units are the 54,000bpd coking unit and the 49,000 bpd catalytic reformer.

While VPS-4 is shut, the refinery's other two CDUs, whichhave a combined throughput of 400,000 bpd, are scheduled toremain in operation. The CDUs do the initial refining of crudeoil coming into the refinery and provide feedstock for all otherunits.

A tentative settlement of the strike was reached on Thursdaybetween Shell Oil Co and the United Steelworkers union (USW).Workers are expected to return to their jobs within two weeks,

Shell Oil is the U.S. arm of Royal Dutch Shell Plc,co-owner of Motiva along with Saudi Aramco. (Reporting by Erwin Seba, editing by Andre Grenon; and PeterGalloway)

More News
27 Oct 2022 07:30

Shell announces $4bn share buyback as Q3 profits beat expectations

(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.

Read more
21 Apr 2022 11:53

Shell turning to China to offload Russian business - report

(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.

Read more
15 Feb 2022 15:54

Shell preparing to sell North Sea gas fields - report

(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, part of an ongoing retreat of long-time producers from the ageing basin.

Read more
7 Feb 2022 10:52

Berenberg nudges up target price on Shell

(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating the firm was "on a roll".

Read more
31 Jan 2022 10:53

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

Read more
31 Jan 2022 07:48

LONDON MARKET PRE-OPEN: WeBuyAnyCar owner buys into Lookers

LONDON MARKET PRE-OPEN: WeBuyAnyCar owner buys into Lookers

Read more
28 Jan 2022 11:25

Shell's renewables boss steps down after less than two years

* Elisabeth Brinton leaves for new role, she says* Shell creates two new renewables leadership roles* Thomas Brostrøm to head renewables generation* Steve Hill to head energy marketingBy Ron BoussoLONDON, Jan 28 (Reuters) - Shell's head of renewable...

Read more
27 Jan 2022 16:14

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
26 Jan 2022 17:02

LONDON MARKET CLOSE: FTSE 100 soars ahead of Fed as oil, travel gain

LONDON MARKET CLOSE: FTSE 100 soars ahead of Fed as oil, travel gain

Read more
26 Jan 2022 14:36

China's Sinopec awards fewer cargoes in recent LNG tender

By Chen Aizhu and Marwa RashadSINGAPORE/LONDON, Jan 26 (Reuters) - Unipec, the oil and gas trading arm of China's Sinopec Corp has awarded fewer-than-planned cargoes in a recent tender to sell up to 45 cargoes of liquefied natural gas for 2022 del...

Read more
26 Jan 2022 12:16

LONDON MARKET MIDDAY: Markets brace for aggressive US Fed tightening

LONDON MARKET MIDDAY: Markets brace for aggressive US Fed tightening

Read more
26 Jan 2022 09:33

UPDATE 2-Commodity, bank stocks lead FTSE 100 higher; Playtech drops

* Oil and banking shares top gainers* Wizz Air reports Q3 loss, expects improvement in spring* FTSE 100 up 1.3%, FTSE 250 add 1.1% (Updates to market close)By Shashank Nayar and Ambar WarrickJan 26 (Reuters) - London's FTSE 100 rose on Wednesday wit...

Read more
26 Jan 2022 09:12

LONDON MARKET OPEN: Fresnillo drops on 2022 production warning

LONDON MARKET OPEN: Fresnillo drops on 2022 production warning

Read more
25 Jan 2022 21:13

UPDATE 1-U.S. awards 13 mln barrel exchange of crude from strategic reserve

(Adds details on sale, background on 50 million barrel SPR plan)WASHINGTON, Jan 25 (Reuters) - The U.S. Department of Energy said on Tuesday it had approved an exchange of 13.4 million barrels of crude oil from the Strategic Petroleum Reserve to ...

Read more
25 Jan 2022 20:10

U.S. awards exchange of 13 mln barrels of crude from strategic reserve

WASHINGTON, Jan 25 (Reuters) - The U.S. Department of Energy said on Tuesday it had approved an exchange of 13.4 million barrels of crude oil from the Strategic Petroleum Reserve to seven companies.The companies are Shell Trading US, 4.2 million ...

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.