Full Answer
When will Repsol's Oil Refineries be ready for turnaround?
** In the second half of 2022, Repsol will carry out a smaller turnaround at its Tarragona refinery, which will involve the isomax and hydrocracker units. ** Greece's Hellenic Petroleum plans full turnaround at its Elefsina refinery in the first half of 2022.
What will happen to the refinery during the turnaround?
The refinery will be running at 50% capacity for a turnaround that will last until April 5. During the halt, work will be carried out on the coker as well as other units in the conversion area of the refinery. The refinery halted its AK3 alkylation unit Feb. 17 and its vacuum unit V3 Feb. 18 as part of the turnaround.
When will the Elefsina refinery turnaround start?
** Greece's Hellenic Petroleum plans full turnaround at its Elefsina refinery in the first half of 2022. The maintenance at Elefsina was brought forward by an incident at the end of January, when the whole refinery was halted and the maintenance started, Hellenic said.
What is the purpose of a refinery shutdown?
Purpose: Periodically, refineries need preventive maintenance, inspections, renovations and upgrades. These planned activities ensure safe operations and help meet government regulations. Often, these activities require the refinery to shutdown all or part of production. Planned shutdowns are known as turnarounds.
When will refinery maintenance be done in the East Coast?
When was the 2018 refinery outage?
What will happen to the Gulf Coast in the fourth quarter?
Why are regional supply and demand balances more valuable than national balances?
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About this website
What is refinery turnaround season?
Twice a year, spring and fall, oil refineries go through a turnaround (a planned break in production) that allows for contractors to come in and perform scheduled maintenance on equipment and operations. The effects of a oil refinery turnaround can make a difference in the supply availability for retail fuel outlets.
How long does a refinery turnaround take?
Some turnarounds take a few weeks to complete. Others may need a few months. Turnarounds depend entirely on the extent of the project and any problems that occur or are found along the way. Most refineries go through an extensive inspection and testing process during a turnaround.
Are US refineries running at full capacity?
U.S. refinery capacity decreased during 2021 for second consecutive year. Operable atmospheric crude oil distillation capacity, our primary measure of refinery capacity in the United States, totaled 17.9 million barrels per calendar day as of January 1, 2022, down 1% from the beginning of 2021.
How many oil refineries are shut down?
Five refineries have shut down in the United States in just the past two years, reducing the nation's refining capacity by about 5 percent and eliminating more than 1 million barrels of fuel per day from the market, leaving the remaining facilities straining to meet demand.
What is turnaround schedule?
A turnaround (commonly abbreviated TAR) is a scheduled event wherein an entire process unit of an industrial plant (refinery, petrochemical plant, power plant, pulp and paper mill, etc.) is taken offstream for an extended period for revamp and/or renewal.
What US refineries are shut down?
Much of that dip in output can be blamed on refinery closures such as the one in Houston, with the report noting that five facilities shuttered during 2021, including the Shell refinery in Convent, Louisiana. Other states that saw a refinery closure include New Mexico, California, North Dakota, and Wyoming.
Is US oil production down in 2022?
U.S. crude oil production in our forecast averages 11.7 million b/d in 2022 and 12.4 million b/d in 2023, which would surpass the record high set in 2019.
Why is the US not producing more oil?
The reason that U.S. oil companies haven't increased production is simple: They decided to use their billions in profits to pay dividends to their CEOs and wealthy shareholders and simply haven't chosen to invest in new oil production.
Why doesn't the US build more oil refineries?
New refineries are unlikely to be built in the United States due to daunting environmental standards and policies that the Biden administration has been implementing to reduce petroleum product consumption in the future. Shockingly high prices for energy is the outgrowth of those policies.
Why are we not drilling for oil?
As to why they weren't drilling more, oil executives blamed Wall Street. Nearly 60% cited "investor pressure to maintain capital discipline" as the primary reason oil companies weren't drilling more despite skyrocketing prices, according to the Dallas Fed survey.
Does the US have enough oil refineries?
The United States has adequate refinery capacity to process its current and projected crude production, however the free world oversupply of refining capacity will persist through the few remaining years of increasing world crude oil production and thereafter.
Why did 5 refineries close?
In the past two years, 5 US refineries have been closed. This decision was made after two failed tries at selling the plant. Just a few months ago, since the Covid-19 pandemic hit the sectors, Lyondellbasell laid off 10% of its refinery workforce.
How long is plant turnaround?
Execution typically takes 1-14 days, but it can take a lot longer depending on the work and the type of project. There is no guessing during execution: the preparation from phase two should eliminate surprises and unexpected downtime, ensuring that you know what needs to be done and do not become easily derailed.
How long does it take for oil to be refined?
Turning crude oil into refined gasoline Generally, every 30,000-barrel batch takes around 12 to 24 hours to undergo through analytical testing and pass quality control. A key stage is ultra-heating the crude to boiling point, with a distillation column used to separate the liquids and gases.
How long does it take to build a oil refinery?
Construction timelines for a modular refinery can range from 15 to 18 months from the start of a project to the first barrel of oil processed.
How does a turnaround work?
A turnaround is a scheduled period of non-production within the plant. That means that day-to-day operations cease completely during the duration of a turnaround and instead the focus shifts to maintenance related activities, cleaning, inspection, and repair.
US refinery turnarounds slightly below average in Jan-April 2022
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U.S. Energy Information Administration - EIA - Independent Statistics ...
According to EIA analysis, planned refinery outages during the second quarter of 2021 are unlikely to cause a significant shortfall in the supply of petroleum products in the United States, particularly in transportation fuels including gasoline, jet fuel, and distillate fuel.
U.S. Refinery Outages Are Another Headache For Biden
Total gasoline inventories in the United States have been slowly building over the last few weeks, ending at 250 million barrels as of January 28, before the storm.
U.S. Refinery Utilization and Capacity - Energy Information Administration
-No Data Reported; --= Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data. Notes: Totals may not equal sum of components due to independent rounding. See Definitions, Sources, and Notes link above for more information on this table.
When will refinery maintenance be done in the East Coast?
Planned refinery maintenance in the East Coast will be moderate in the fourth quarter of 2018, except for outages as a result of maintenance on hydrocracking capacities in October, which will exceed 50% of regional capacity.
When was the 2018 refinery outage?
Release date: October 29, 2018. The U.S. Energy Information Administration’s (EIA’s) latest analysis of planned refinery outages for the fourth quarter of 2018 finds that planned outages in the United States are not likely to cause a shortfall in the supply of petroleum products—including gasoline, jet fuel, and distillate fuel—relative ...
What will happen to the Gulf Coast in the fourth quarter?
Planned outages in the Gulf Coast in the fourth quarter will be light, and regional inventories appear to be sufficient to offset lost production from those planned outages. More than half of the refining capacity in the United States is located in the Gulf Coast region 1, and as a result, the region produces far more petroleum products than it consumes. The Gulf Coast’s surplus production supplies other U.S. regions, mainly the East Coast and the Midwest, as well as international markets. EIA’s calculations indicate that planned refinery outages in the Gulf Coast will result in light production losses in petroleum products. Planned outages will result in production losses of 96,000 b/d in gasoline and 99,000 b/d in distillate fuel in October. For the fourth quarter, total estimated production loss as a result of the planned outages accounts for 4.3% of existing gasoline inventory, 2.2% of jet fuel inventory, and 8.4% of distillate inventory as of the week ending August 31, 2018. Regional inventories will likely be sufficient to account for lost in-region production.
Why are regional supply and demand balances more valuable than national balances?
national balances because pipeline infrastructure, geography, and marine shipping regulations constrain the amount of product that can flow between regions in the United States.
When will refinery maintenance be done in the East Coast?
Planned refinery maintenance in the East Coast will be moderate in the fourth quarter of 2018, except for outages as a result of maintenance on hydrocracking capacities in October, which will exceed 50% of regional capacity.
When was the 2018 refinery outage?
Release date: October 29, 2018. The U.S. Energy Information Administration’s (EIA’s) latest analysis of planned refinery outages for the fourth quarter of 2018 finds that planned outages in the United States are not likely to cause a shortfall in the supply of petroleum products—including gasoline, jet fuel, and distillate fuel—relative ...
What will happen to the Gulf Coast in the fourth quarter?
Planned outages in the Gulf Coast in the fourth quarter will be light, and regional inventories appear to be sufficient to offset lost production from those planned outages. More than half of the refining capacity in the United States is located in the Gulf Coast region 1, and as a result, the region produces far more petroleum products than it consumes. The Gulf Coast’s surplus production supplies other U.S. regions, mainly the East Coast and the Midwest, as well as international markets. EIA’s calculations indicate that planned refinery outages in the Gulf Coast will result in light production losses in petroleum products. Planned outages will result in production losses of 96,000 b/d in gasoline and 99,000 b/d in distillate fuel in October. For the fourth quarter, total estimated production loss as a result of the planned outages accounts for 4.3% of existing gasoline inventory, 2.2% of jet fuel inventory, and 8.4% of distillate inventory as of the week ending August 31, 2018. Regional inventories will likely be sufficient to account for lost in-region production.
Why are regional supply and demand balances more valuable than national balances?
national balances because pipeline infrastructure, geography, and marine shipping regulations constrain the amount of product that can flow between regions in the United States.
