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In 2012, Sunoco demolished its Eagle Point refinery complex in West Deptford Township, New Jersey, which had been idle since 2010. [28] In September 2012, Sunoco formed a joint venture with The Carlyle Group, allowing for the continuation of operations at the Philadelphia refinery, and temporarily saving over 800 jobs.
This increased again with the discovery of the Wilmington Oil Field in 1932, and the development of the Port of Los Angeles as a means of shipping crude oil overseas. [ 16 ] Production in Santa Barbara County began in the 1890s with the development of the Summerland Oil Field , which included the world's first offshore oil wells.
In June 2010, the United States Department of Energy awarded an $8.3 billion loan guarantee to facilitate the construction of two new nuclear reactors at Plant Vogtle, near Augusta, Georgia. A Southern Company subsidiary, Georgia Power, owns 45.7% of the current 2,430 MW facility, with co-owners Oglethorpe Power (30%) Municipal Electric ...
A U.S. National Labor Relations Board administrative law judge has ruled Exxon Mobil's 10-month-long lockout of some 600 union workers at a Texas oil refinery during a contract dispute was legal.
On April 26, 2018, Husky's Superior, Wisconsin refinery experienced a series of explosions and fires, resulting in 11 injuries, one of which was critical.A mandatory evacuation was issued by the Mayor of Superior, Jim Paine, after the fire spread and caused multiple additional explosions, with Douglas County (of which Superior is the county seat) declaring a state of emergency.
This refinery suffered extensive damage during the Iran–Iraq War. Since 25 December 2008, the world's largest refinery complex is the Jamnagar Refinery Complex, consisting of two refineries side by side operated by Reliance Industries Limited in Jamnagar, India with a combined production capacity of 1,240,000 barrels per day (197,000 m 3 /d).
Zillow predicts the US housing market will keep shifting in 2025.. The real-estate firm says the average home value rose by 2.6% annually in October. It says homebuying activity should pick up ...
At the end of June 2023, Sinopec Overseas Investment Holding was established as a vehicle for investment, construction and operation of overseas refineries. Overseas investments at the time amount to 400,000 barrels per day at the Yasref refinery, as well as the $10 billion Amur Gas Chemical Complex in East Siberia.
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