Q2 refinery utilization is expected to be in the low 90% range, with turnaround expenses of $230 million-$250 million. Manage the procurement process with consistency. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. HollyFrontiers renewables push which involves renewable diesel production units in Cheyenne, Wyo., and Artesia, NM, as well as a pre-treatment unit at the latter complex garnered nearly half of the companys roughly $1.2 billion in capex this year. Gasoline demand fell slightly over the past week down 1.4% for the Jan. 15-20 week, according to data from GasBuddy, which tracks retail gasoline sales across the US and Canada, with the Rockies region down 8.3% following winter storms. 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That supply-and-demand mindset, they said, could also result in price increases. Herzog: At the Torrance Refinery, M.B. Discover Irving Oil. Deliver intelligent, connected insurance experiences. The simplest solution to complex insurance problems. Employees need access to knowledge management systems to ensure theyre taking the proper steps. Tom Wilson, Global Industry Leader, Energy. This is the same for the TWIC card. View Home & Road overview. Understand the market impact of outages with expert analysis across the fuel supply chain. Operation Wolverine has the potential to create approximately $12 million in benefits for the local Saint John economy, and represents the companys commitment to job creation, asset integrity and reliability and economic investment in the region. Gain control of the data in your products lifecycle. Temporary. See the latest feature and product updates to the Appian Platform. Create exceptional experiences for every user. If preparing for an upcoming turnaround, call or email to schedule a Pre-Turnaround Planning meeting. React quickly to unexpected supply and demand issues during emergencies such as refinery accidents and severe weather events. Tight global inventories of global diesel are making renewable diesel volumes more important. Nurse pay in 2023 vs 2022 - beckersasc.com Phase V: Execution. Accelerate automation with an integrated data fabric. Refinery Report - March 2022. The additional workforce with more than 84% expected to be from Atlantic Canada will be comprised of boilermakers, electricians, laborers, scaffolders, pipefitters and many other skilled workers. Technip Energies has been awarded a contract by Ningbo Juhua Chemical & Science Co., Ltd. (Juhua) for a 1,3-propanediol (PDO) plant with a capacity of 72 kta and JERA Co Inc, is delighted to announce that it has entered into a Memorandum of Understanding with Korea Gas Corporation, regarding cooperation in the LNG business. If you enjoy the industrial work in the refineries, be ready to man these very nice refinery calls. And US January diesel imports into Europe have fallen further as Russian imports rose to an average of 65,000 b/d, including an unusual cargo from PBF's USAC Delaware City, Delaware, heading to the Netherlands. Quantum Commodity Intelligence is a premium paid subscription service for professionals in the energy, biofuels and carbon markets. What Is Robotic Process Automation (RPA)? Turnaround costs were $102 million. Get the most out of your Appian investment. SHARE THIS. Irving Oil is a family-owned and privately held international energy company. Please get signed up at the ETI for the RSO20 course so all our members can take a call out to our refineries. Indian broadcaster New Delhi Television Ltd (NDTV) , part of the embattled Adani Group, posted a 97.6% plunge in quarterly profit on Monday due to weak advertising demand. Browse customer stories from top organizations. All Rights Reserved. With workflow-based design, your team or consultants can quickly build full applications for the complete turnaround process. Request more information about the OPIS Refinery Maintenance Report and an OPIS representative will be in touch. Grandi ragazzi e ragazze di Pitz Stop!! We proudly serve customers with more than 1,000 fueling locations and a network of distribution terminals spanning Eastern Canada, New England and in Ireland, operating under the Top brand. As prices of heavy crude rose following bans announced late February on Russian crude and petroleum products after the country's its incursion into Ukraine, Phillips 66's saw its Midcontinent refining margins negatively impacted by about $3/b. Planned Refinery Outages in the United States: Fourth-Quarter 2018 Shares of HollyFrontier (Ticker: HFC) were changing hands around $31 on the afternoon of Dec. 20. Pitz Stop pizzeria, Ponte San Pietro - Restaurant reviews Financial Services Customer Onboarding and Servicing. Watch the live recordings from each event. If you want to keep costs down for turnaround activity and still hit your turnaround goals, its important to think broadly about the entire turnaround. A number of reasons factor into turnaround failures like working from paper, failing to incorporate lessons from previous turnarounds, or the knowledge gap of working with contractors. Thats an increase of $60 million from 2021s range and comes after HollyFrontier paid $614 million for a Shell refinery in the Seattle area. 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Sinopec Zhenhai Refining and Chemical Co., Ltd (Sinopec), Chinas largest integrated refining-chemical enterprise, has contracted with MECS, Inc. (MECS) and MECS Chemical Stamicarbon signed to license its largest ultra-low energy urea plant. "And I would add, we're able to get all the volume out of Unit 250 to the end consumer through our retail and wholesale network in California," added Brian Mandell, Phillips 66's executive vice president of marketing. [emailprotected] 506.654.7162. Hayley DeSilva - Wednesday, April 26th, 2023. US refiners see strong Q4 earnings continuing into 2023 as turnarounds increase, US POWER TRACKER: Cheap gas, bearish weather may weaken Southeast US prices, Around the tracks: Automakers race to secure EV battery supplies, Diesel demand strong ahead of Feb. 5 Russian ban. Irving Oil's $172M refinery turnaround will bring more than 2,200 Accelerate corporate operations with automation. Turnarounds are substantial events with a considerable amount of planning, and we appreciate the work of our people and our partners to make not one but two turnaround events possible this year, said Irving Oil Chief Refining and Supply Officer Kevin Scott. The change is in line with the companys 2019-2020 cycle, when it spent $318 million and $95 million, respectively. "It really positions us well then to run very strong throughout the summer driving season, and we won't come back to any significant turnaround activity until after Labor Day," he added. Please use the button below and we will bring you back here when complete. While we provide general guidance on the timing and duration of the maintenance, we do not disclose specific beginning and end dates. Reuters reports that plant turnaround postponements could result in a bottleneck in the coming year or two, as companies work to get back on track. "It has a lot to do with how quickly crude ran up, particularly in the back couple weeks of the quarter," Garland added. Our Standards: The Thomson Reuters Trust Principles. Automate government procurement processes. Discover more about S&P Globals offerings. Marathon Carson and Wilmington:Schultz Mechanical is going to be putting in a lot of calls for journeymen/journeywomen and apprentices for long-term project work. Snags on equipment or missing instructions can be addressed in the application. This requires a few steps to accomplish. With turnarounds occurring only once or twice a year (or even less often for cracker turnarounds), implementing a full suite of products might seem a tall order. Exclusive news, data and analytics for financial market professionals, As oil output peaks, US Gulf of Mexico makes room for carbon capture, Oil holds steady as economic fears weigh against potential crude draw, Brazilian oil-export tax a 'concerning' development,' says Shell chief, Exxon Mobil not quitting exploration in Brazil, Adani-owned NDTV profit plunges about 98% on weak advertising demand, Factbox: Long-serving Qantas executive Vanessa Hudson named as next CEO, Alan Joyce to step aside after 15 years as Qantas CEO. To continue reading you must login or register with us. Any turnaround solution requires data from across refinery operations. Phillips 66's Midcontinent refineries had a "pretty good headwindwith our lagged Canadian crude buying program", Garland said. Turnarounds can be some of the costliest activities for an oil refinery as the required break in production means a similar break in income. Irving Oil's $172M refinery turnaround will bring more than 2,200 workers on site - representing a significant investment in national energy security September 8, 2022 SAINT JOHN, NB - On September 6, Irving Oil began the fall turnaround project at its Saint John refinery, the second of two turnarounds planned for 2022. Receive daily email alerts, subscriber notes & personalize your experience. 2023 by S&P Global Inc. All rights reserved. Improve internal monitoring of regulatory tasks. The company's Q1 refinery utilization was 89%, due in part to heavy maintenance, particularly at Phillips 66's Midcontinent refinery operations. Title - document(s) Author: SaschaS Created Date: 3/7/2022 12:46:39 PM . Low-codes rapid development times allow teams or consultants to build application suites that would have been impractical for a process outside of daily operations. IRISNDT Inc. Houston, TX 77048 (Minnetex area) Estimated $28.7K - $36.3K a year. Irving Oil REFINERY NEWS ROUNDUP: More maintenance planned for Europe "Overall, a tight product inventory picture and relatively low refinery utilization has helped boost our RVO-adj US avg 3-2-1 index [by plus] $3 to [$27/b], with gasoline and diesel both climbing [plus $3/b]," he said. Refinery Turnaround *TEMP* GardaWorld Security Services U.S. Pasadena, TX Quick Apply $19 Hourly Temporary Turnaround Officer Environment: Industrial Chemical Plant Channelview Hourly Pay Rate: $19.00 Hours: Varies (Days&Nights Available) General Job Functions: Will be working OUTSIDE, standing/walking . 1Q South ISOMAX Cluster Turnaround. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. So its critically important to minimize the amount of time required to complete the turnaround process. About Irving Oil: The company's Q1 refinery utilization was 89%, due in part to heavy maintenance, particularly at Phillips 66's Midcontinent refinery operations. The Wyoming renewable diesel unit should book its first sales in first-quarter 2022 after being converted from crude refining. Find analyst reports, case studies, eBooks, on-demand webinars, and more. Enable compliance and reduce risk from on platform. This means starting early with planning and strategy, and ensuring you incorporate the lessons learned from each turnaround into the next one. Manage any type of case work, boost efficiency, and automate exception handling. P66 Wilmington:Turnaround work continues for a few of our companies at the P66 Refinery in Wilmington. After all, the work requires extra personnel to make their way on-site, opening the door to potential virus spread. Assess your operations equipment health, lags or slowdowns and even prior turnaround timelines and then get future dates on the calendar. ClosedOpens at 12PM. Such maintenance isnt just a necessary step toward keeping plants healthy. "Refiners are looking at an excellent Q4 '22 thanks to extremely robust diesel cracks, widening heavy crude differentials, improving WTI market structure, and positive capture rate factors," said Matthew Blair, analyst with Tudor Pickering Holt, in a Jan. 23 pre-earnings research note. It will be followed in the second quarter by the New Mexico plant, and the pre-treatment unit which execs expect to cover about 80% of their total feedstock needs is nearing completion. Refinery Maintenance Report | Refinery Turnaround Schedule | OPIS Spectras portion of this long-term project. This current and complete list of planned and unplanned U.S. refinery maintenance enables you to act on U.S. operational events that affect refinery production of fuel and market supplies. HollyFrontier outlines 2022 capex components | Oil & Gas Journal View upcoming conferences and events across regions. Automate Know Your Customer investigations. NDT Assistants. Your reference for vacuum gasoil, naphtha and light cycle oil pricing, news and analysis. The company sees "profitability on that unit", Herman said, adding it's been a learning experience as to how feedstock costs like soybean oil, the price of California's Low Carbon Fuel Standard credits and RINs intersect on the commercial side as well as operational best practices for using bean oil feedstocks through the units. This list includes only major projects that will have a material impact on production and is subject to change. Davide Facheris Comunicazione Empatica. Find out about smaller unit outages that could force refiners into the spot market to cover their supply needs and influence regional pricing. Chart Industries Inc, a leading global engineering design and manufacturer of highly engineered equipment servicing multiple applications in the clean energy and industrial thyssenkrupp Uhde and IDIP cooperate on fabrication of new modular plants for green ammonia. Quantum Energy service subscribers have access to: Get in touch with us for subscription information on all three Quantum platforms, or help with the service. a year ago on Google Request content removal. Having repeatable, easy-to-follow processes helps ensure a smoother turnaround. The cute staff welcomes visitors all year round. (The midpoint of that range is about $60 million higher than had been forecast this fall (OGJ Online, Nov. 4, 2021) because of the timing of some invoices.). The company also recently completed the first successful turnaround of its Nanhai petrochemicals plant in China in August. As we take our first steps into 2021, the FUSED team anticipates contractors will find themselves busy with plant turnarounds and shutdowns especially in the years second half. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Accelerate your business with packaged applications. But attempts to improve the process will fall short if you make a common mistakefocusing exclusively on the execution phase. See here for a complete list of exchanges and delays. HollyFrontier will also begin to report their results as a standalone segment. Valero has updated its maintenance turnaround schedule. Herzog is still on schedule to man up for turnrounds and preventive maintenance this summer. Design, automate, and optimize your business processes. To continue reading you must login or register with us. See whats new in each platform quarterly release. Additionally, this strategy allows you to use your existing software investments instead of replacing them to fully create the tools needed for a turnaround suite. https://www.linkedin.com/company/oil-&-gas-journal. While this may seem daunting, best-in-class low-code platforms offer the leverage to build out full applications in a fraction of the time of traditional development. All quotes delayed a minimum of 15 minutes. Learn more about how low-code helps energy companies here. However, for the week ended Jan. 20, EIA data shows gasoline demand was at 8.14 million b/d, up about 88,000 b/d higher than the previous week, but lagging 2022 levels by 3.3%. As the company continues to make significant capital investments and technological innovations to meet its climate and sustainability goals, it is equally important to invest in necessary repairs, preventive maintenance and upgrades to the facilitys current assets to ensure the delivery of safe and reliable operations on a sustained basis with energy security and reliably serving customers always a top priority. In an effort to mitigate the cost of RINs, Phillips 66 is moving forward with plans to convert its Rodeo, California, refinery into a renewable diesel production facility, as it awaits the final permit for the project following conditional approval from the Planning Commission in Contra Costa, California. When running this on a turnaround, you can incorporate this data into your postmortem on the turnaround and use it to inform any changes to your workflows to streamline the next shutdown. Modernize and automate client onboarding and servicing. See here for a complete list of exchanges and delays. Identify bottlenecks and take action fast. Copyright var CurrentYear = new Date().getFullYear() The new refinery will make the vegetable and animal fat into clean biodiesel fuel and clean burning jet fuel. Many US refiners delayed or rearranged their turnaround schedules as a result of the coronavirus pandemic in 2020. This makes building that suite of turnaround applications a reality. SAINT JOHN, NB On September 6, Irving Oil began the fall turnaround project at its Saint John refinery, the second of two turnarounds planned for 2022. Edmonton. However, low-code platforms greatly reduce the time required by allowing quick connections whether or not the both systems have APIs. HollyFrontier Corp. expects to spend $645-810 million on capital projects in 2022, a notable drop from a year in which it spent about $300 million on turnarounds and more than $500 million to set . Operation Wolverine, a larger turnaround project than this past springs Operation Wolf represents a private investment of $172 million over an eight-week timeframe, with 2,250 skilled workers dedicated to the project. Phillips 66's early 2022 turnarounds to end as gasoline driving season 2021 FUSED Industries. ** Refinery operator Galp said Feb. 21 it expects refinery throughput of around 90 million barrels of oil equivalent (around 246,600 b/d) at its Sines plant in 2022, meaning the refinery will operate above its nameplate capacity of 226,000 b/d. Improve customer service and efficiency in weeks. This represents one of the largest investments made to date in Canada in 2022 in a refining facility and is part of Irving Oils commitment to evolving its assets for the future while maintaining equipment to continue to deliver a reliable energy supply. Thumbs Up on Two Contracts I am happy to report to you that on July 16,, Read More Business Managers Message July 2022Continue, Youre invited to join us for our annual IBEW 11 Holiday Breakfast. Newtron Electric will be placing many more calls for journeymen/journeywomen and apprentices for the project. PLANNED US REFINERY UPGRADES 2020-2023 Company Location Capacity Project Estimated b/d Completion PADD II Marathon Mandan, SD 73,800 ULSG Tier 3 compliance 2020 Marathon Dickinson, SD 19,400 Convert to run 12,000 b/d renewables Late 2020 BP Whiting, IN 413,500 Add 25,000 b/d heavy crude to reach 350,000 b/d 2020 CVR Coffeeville, KS 132,000 You exceeded the limit of bookmarked content(only 15 bookmarks are allowed).Please remove one of the bookmarks. US refinery turnarounds slightly below average in Jan-April 2022 Crude Oil Refined Products 15 Dec 2021 Maintenance work will take out 1.1 million bpd of US crude refining capacity between January and April, but could rise. During the turnaround the hydrocracker will be converted for renewable fuels production with completion and start-up of the renewable diesel unit expected in mid-April, chief executive David Lamp said on the company's third quarter earnings call. A larger turnaround will be carried out in 2022. If you have questions about plant turnarounds and shutdowns, or if youre curious about how FUSED can assist, please feel free to contact our team. Training and resources to help meet your dev goals. Refinery Unit BPD Month Days Named one of Canadas Top 100 Employers for six consecutive years, we are proud of our team and our longstanding commitment to our customers and our communities. Unbeatable prices on Motorcycle rentals in Ponte San Pietro, Lombardy, backed by quality customer service you can depend on. Build exceptional customer relationships. AVEVA, a global leader inindustrial software driving innovation and sustainability, has signed a memorandum of understanding (MoU) with Petrofac, a leading provider ClearSign Technologies announces successful testing of Ultra-Low NOx hydrogen burner. Safeguard your most valuable asset: the patient. The refinery will no longer use crude oil to refine; rather, it will refine vegetable oil and animal fat. U.S. refiner HollyFrontier warns of lower than expected throughput It can serve as a return to normalcy following a year that was anything but normal. Contractors need to be properly onboarded and offboarded. Improve experiment management and throughput. Most turnarounds have a post-execution review after returning to normal operations. Once again, please make sure you have a current RSO 20 and a current TWIC Card to be able to take a call out to these Refineries. US refinery turnarounds slightly below average in Jan-April 2022 Following this completion, P66 will issue more work for turnarounds this summer and more preventive maintenance work for Cal Spectra, Schultz Mechanical and Contra Costa Electric. During the shutdown, more than 250 new valves were installed and work began on a pipeline which will facilitate a 100,000 barrel a day expansion project. ENR Texas & Louisiana reinforces the idea that turnarounds might find themselves pushed back by a year and a half or so, until market conditions become more stable. They can be modified on the fly using a visual, workflow-based interface, then have their data propagate out to other systems as needed. Helping customers succeed since 1924. Due to occupancy and distancing concerns related to the COVID-19 pandemic, World Oil reportedthat many operations placed such practices on hold.