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The three most quoted oil products are North America's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries. Brent Crude is typically priced at about $2 over the WTI Spot price ...
Petroleum refining in the United States in 2024 had a capacity of 18.4 million barrels per day. [2] Although the US was the world's largest net importer of refined petroleum products as recently as 2008, the US became a net exporter in 2010, and in 2014 was the largest exporter and the largest net exporter of refined petroleum. [3]
This is a list of oil refineries.The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery.
HOUSTON (Reuters) -At least one oil and gas platform in the U.S. Gulf of Mexico was shut on Monday and Florida ports imposed restrictions on vessel navigation as Hurricane Milton rapidly intensified.
Gulf Petrochem is building a refinery in Tanzania that will be used as medium and heavy crude distillation units and distillate products will be naphtha, MTO gas oil and fuel oil. [8] Bunkering: In 2012, Gulf Petrochem began supplying Khor Fakkan and Jebel Ali bunker market. [9] In India, India Pvt Ltd, a subsidiary of Gulf Petrochem FZC, is a ...
The 127,000 samples — oil, clothing, protective equipment, cleaning chemicals — were collected by BP but are now in the hands of attorneys representing 150 active litigants in lawsuits against ...
Gulf Oil–sponsored Porsche 917 LH raced by Derek Bell & Jo Siffert at the 1971 24 Hours of Le Mans, parked outside the Hotel de France. In 1937, Gulf Oil became involved in racing when they purchased the racing car project of Ira Vail and Harry Miller and brought the project into the Gulf Research and Development Company. [35]
Petroleum refinery in Anacortes, Washington, United States. Petroleum refining processes are the chemical engineering processes and other facilities used in petroleum refineries (also referred to as oil refineries) to transform crude oil into useful products such as liquefied petroleum gas (LPG), gasoline or petrol, kerosene, jet fuel, diesel oil and fuel oils.