Tag: crude

Motiva restarting second-largest crude unit at Port Arthur, Texas, refinery -sources

Felix - December 13, 2021
Flood waters brought on by Tropical Storm Harvey embody the Motiva Enterprises LLC in Port Arthur, Texas, U.S. August 31, 2017. REUTERS/Adrees LatifRegister now for FREE limitless entry to reuters.comRegisterHOUSTON, Dec 13 (Reuters) - Motiva Enterprises (MOTIV.UL)on Monday started restarting...

Petronas expects crude oil price to hover between US$55-$60 per barrel over next five years — Tengku Taufik

Felix - August 27, 2021
KUALA LUMPUR (Aug 27): Petroliam Nasional Bhd (Petronas) is anticipating the price of crude oil to hover between US$55 and US$60 per barrel over the next five years, in accordance to its President and Chief Executive Officer Tengku Muhammad Taufik...

UPDATE 2-Largest U.S. refinery shuts crude units due to Colonial outage -sources

Felix - May 10, 2021
(Recasts lead with unit shutdowns due to Colonial outage)HOUSTON, May 10 (Reuters) - The largest U.S. refinery shut two crude distillation units on Sunday due to the Colonial Pipeline outage, in accordance to individuals aware of the matter.Motiva Enterprises LLC’s...