Industrial Info's Weekly North American Refining Report

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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info's weekly North American Refining Report gives you the latest inside intelligence on outages, derates, shutdowns, closures, delays and more. Tomorrow's news today...

Market Commentary:
Storm season is upon us. Eyes turned last week to track Tropical Storm Cristobal -- which became the earliest-ever third named tropical storm to form in any Atlantic hurricane season in recorded history, as it bore down the U.S. Gulf Coast.

Three platforms were taken offline, out of an abundance of caution. Most oil and gas companies entered a "preparedness mode," which enabled them to reduce offshore staffing quickly as needed.




In other news World Oil reports, "Oil traders and analysts scrutinizing U.S. inventory data for signs of a market recovery are being confronted by an odd situation: the math just doesn't add up. Various government data sets including stockpiles, production, imports and exports are signaling that current official figures on at least some supplies are excessive. While it's unclear where exactly the discrepancy lies, the difference could potentially signal a more bullish outlook for crude prices."

So interesting times indeed here in North America as one tries to get a good handle on the overall supply and demand picture and its impact on the energy industry. Therefore, within this North America Refining Report, Industrial Info hopes to shed some light on what is transpiring from a refinery operations perspective all the way down to the refinery level in Canada. The report incorporates a North America Refinery Map as well as Area Chart to illustrate collectively when we can expect refinery capacity to return over the next month or so. For the U.S., IIR is providing a chart to indicate when we might expect PADDs themselves to become healthier.

Petroleum Refining Highlights
June 4, 2020 PADD II BP Whiting, Indiana, Refinery COVID-19 Rate Reduction/FCCU 600 Issues. BP Products is experiencing some minor mechanical issues on its 65,000-barrel-per-day (BBL/d) FCCU 600 at its 490,000- BBL/d Whiting, Indiana refinery. The FCCU remains online despite the issues with expectations to resolve the issue over the next 24 to 48 hours. Additionally, the refinery continues to operate at an approximate 15% reduction due to COVID-19 and currently anticipates resuming normal operations at the end of June.

June 3, 2020 Valero continues with reduced rates at its 343,000-BBL/d Port Arthur, Texas, refinery due to the lack of fuel and product demand due to COVID-19 pandemic. Separately, the 53,000-BBL/d Reformer CRU-1343 and 50,000-BBL/d CRU-1344 maintenance previously scheduled to begin planned maintenance this Friday, June 5, 2020 has been moved to November 2020 and will last 12 days.

June 5, 2020 IIR has confirmed that YPF SA successfully restarted the 90,000-BBL/d Crude Topping D, 18,000-BBL/d Vacuum, 5,400-BBL/d Paraffin (HTP) Hydrotreater and associated units at its 205,000-BBL/d La Plata, Argentina, after being under planned maintenance since May 8, 2020.



North America Refining Index


North American Refining Area Chart



Canada Refineries


U.S. PADDs




Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.