By Paul Sankey
Published on March 27, 2022 at 3:22 PM
This week, a three page thematic overview, followed by supporting charts. First the text, then the charts. ~ Noted refinery explosion last evening, no deaths reported, at ExxonMobil’s small (“only” 60kb/d) Billings Montana niche refinery that is important for local balances. Would drive margins higher for Midcon players such as HollyFrontier, Coffeyville, Delek, and West Coast PBF, and might accelerate ExxonMobil’s long standing attempts to sell the plant (price always said to be too high). […]
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By Paul Sankey
Published on February 6, 2022 at 7:56 PM
Executive Summary With decades of experience covering oil & gas, from a US and global perspective, the authors have sufferedtwenty years of government renewables fuels “strategy” as brutally as any analysts in the market. In this notewe conclude there is a major problem with the current hottest theme in global oil & gas investment:renewable diesel. We walk you through from “what is it?” to “what is the problem?” The answer is:feedstock. This note is the […]
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By Paul Sankey
Published on December 26, 2021 at 1:43 PM
Happy Boxing Day, The name Boxing Day being for boxes given to servants for their big day off: 26th December. My servants are all off, so here I am. So; we start the year with Refining conference, we continue to watch Washington which has to get some legislation done; it may not, as the split in the Democrat Party might almost be terminal. The Progressive vs Moderate split goes to the heart of the current […]
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