New state law banned a county's gas stations from selling liquor. So some stopped selling gas. abqjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abqjournal.com Daily Mail and Mail on Sunday newspapers.
Refinery closures decreased U.S. refinery capacity during 2020
As a result of several U.S. refinery closures in 2020, U.S. operable atmospheric crude oil distillation capacity, the primary measure of refinery capacity in the United States, dropped 4.5% to a total of 18.1 million barrels per calendar day (b/cd) at the start of 2021. The end-of-year 2020 total is 0.8 million b/cd less than the 19.0 million b/cd of refining capacity at the start of 2020. According to the data in our annual Refinery Capacity Report, the beginning of 2021 marks the lowest annual capacity figure to start the year since 2015. Based on information reported to us in our recent update, U.S. refining capacity will not expand significantly during 2021.
Refinery closures decreased U.S. refinery capacity during 2020 hydrocarbonprocessing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hydrocarbonprocessing.com Daily Mail and Mail on Sunday newspapers.
Alberta Taking Half-Stake in Oilsands Refinery to Reduce Tolling Costs
The Alberta government on Monday announced a C$825 million ($660 million) takeover of a 50% ownership share in Canada’s newest oilsands refinery near the provincial capital in Edmonton.
North West Refining Inc. is to be paid C$425 million ($340 million) for its half-equity in the 79,000 b/d refinery north of Edmonton. North West also agreed to forego future tolling revenue. Canadian Natural Resources Ltd., which owns the other 50% of the Sturgeon Refinery, is to be paid $400 million ($320 million ) and become the operating partner.
“Through the agreement, the government is able to capture the value of processing bitumen as both a toll payer and facility owner,” according to officials.
Alberta takes 50% stake in troubled Sturgeon Refinery, as CNRL, North West Refining see combined $825-million payday leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.