Released August 24, 2020 | SUGAR LAND
en
Researched by Industrial Info Resources (Sugar Land, Texas)--IIR's weekly North American Refining Report gives you the latest inside intelligence on outages, derates, shutdowns, closures, delays and more. The report now offers an interactive, dynamic North America Refining Capacity Dashboard to further power your refinery capacity research.
IIR has formalized an alliance with Refinery Calc, which will play an integral role in producing IIR's North America Refinery MarketIntel Platform -- the first of its kind in the industry to providing intel and insights on crude slates, runs, margins, utilization, product yields and so much more.
This platform is part of a more comprehensive IIR Global MarketIntel Platform.
Just ask iirteam@iirenergy.com about a trial.
Market Commentary
"Which way do we go George?" Looks like some of the funds are stepping out of length with August winding down as prices (WTI) continue to hang tenaciously above $40.
Fundamental Analytics
Even as OilPrice reports, "After a brief, half-hearted rally, oil prices have dropped back to a familiar trading range in the low-$40s after the Labor Department reported that U.S. weekly jobless claims totaled 1.106 million last week. This comes just a week after the tally dipped below the 1M mark for the first time since March, thus raising serious doubts about the sustainability of the economic recovery."
For more detailed Refinery Operations Intel IIR has formalized an alliance with Refinery Calc, which will provide Key Performance Indicators (KPIs) here in North America. Refinery Calc models all of North America's refineries with IIR Unit Capacity. This modeling depicts...
...so we understand that margins continue to appear healthier in these trying economic times, but can they be sustained? Which way will they go as we shortly will step out of summer?
So intriguing 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, IIR hopes to shed some light on what is transpiring from a refinery operations perspective all the way down to the refinery level in Canada. This 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 even providing a chart to indicate when we might expect PADDs themselves to become healthier.
Petroleum Refining Highlights
IIR is constantly monitoring tropical storms Laura and Marco, which are expected to make landfall along the Gulf of Mexico this week. Updates will be sent as soon as information is received from refineries in the path of the multiple storms.
August 21, 2020 Valero, restarted the 18,000-barrel-per-day (BBL/d) Delayed Coker, which was shut down on July 11 at its 220,000-BBL/d Bill Greehey Refining Complex East Side in Corpus Christi, Texas. Previously, the Delayed Coker had been shut from April 9 to May 28. Separately, the 110,000-BBL/d Heavy Sour Crude unit shut down August 11, 2020 and was restarted on August 13, 2020.
August 21, 2020 Imperial Oil remains on schedule to conduct, on September 1, a 35-day planned maintenance turnaround on the 11,875-BBL/d SF Alky, and 28,000-BBL/d Distillate Hydrofiner 2 (DHIN2 Diesel) at its 112,000-BBL/d Nanticoke, Ontario, Canada, refinery. The 112,000-BBL/d lone CSU (Crude) will be at reduced rates (est. 50%) during the September event.
August 21, 2020 Pemex TRI continues with planned repairs on the 6,000-BBL/d HF Alkylation 2 and 5,000-BBL/d MTBE 1 units at its 270,000-BBL/d Cadereyta, Mexico, refinery. The works that began on June 8 remain on schedule to be completed by late August amid delay on material delivery and a labor shortage because of the COVID-19 pandemic. The 65,000-BBL/d FCCU 1, which was forced to go offline on July 21 due to equipment issues, continues to perform corrective repairs until mid-September. Pemex TRI continues to operate the facility at reduced rates due to inventory controls related to company finances by having the 120,000-BBL/d Combinada 1 (Crude 1) offline and the 150,000-BBL/d Combinada 2 (Crude 2) running at 125,000-BBL/d.
August 21, 2020 IIR has learned that Pemex TRI was forced to reduce production during the second week of August at its 243,000-BBL/d Salamanca, Mexico refinery. Units were kept at minimum rates due to boiler issues; however, sources indicate that processing units are now kept at 40-45% capacity due to inventory controls related to company finances and COVID-19.
Map of North American Refineries Impacted by COVID-19/non-COVID -- Ongoing Offline Events
North America Refining Index
North American Refining Area Chart
Canada Refineries
U.S. PADDs
Map of North American Refineries Impacted by COVID-19/non-COVID -- Future Offline Events
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.
IIR has formalized an alliance with Refinery Calc, which will play an integral role in producing IIR's North America Refinery MarketIntel Platform -- the first of its kind in the industry to providing intel and insights on crude slates, runs, margins, utilization, product yields and so much more.
This platform is part of a more comprehensive IIR Global MarketIntel Platform.
Just ask iirteam@iirenergy.com about a trial.
Market Commentary
"Which way do we go George?" Looks like some of the funds are stepping out of length with August winding down as prices (WTI) continue to hang tenaciously above $40.
Fundamental Analytics
Even as OilPrice reports, "After a brief, half-hearted rally, oil prices have dropped back to a familiar trading range in the low-$40s after the Labor Department reported that U.S. weekly jobless claims totaled 1.106 million last week. This comes just a week after the tally dipped below the 1M mark for the first time since March, thus raising serious doubts about the sustainability of the economic recovery."
For more detailed Refinery Operations Intel IIR has formalized an alliance with Refinery Calc, which will provide Key Performance Indicators (KPIs) here in North America. Refinery Calc models all of North America's refineries with IIR Unit Capacity. This modeling depicts...
...so we understand that margins continue to appear healthier in these trying economic times, but can they be sustained? Which way will they go as we shortly will step out of summer?
So intriguing 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, IIR hopes to shed some light on what is transpiring from a refinery operations perspective all the way down to the refinery level in Canada. This 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 even providing a chart to indicate when we might expect PADDs themselves to become healthier.
Petroleum Refining Highlights
IIR is constantly monitoring tropical storms Laura and Marco, which are expected to make landfall along the Gulf of Mexico this week. Updates will be sent as soon as information is received from refineries in the path of the multiple storms.
August 21, 2020 Valero, restarted the 18,000-barrel-per-day (BBL/d) Delayed Coker, which was shut down on July 11 at its 220,000-BBL/d Bill Greehey Refining Complex East Side in Corpus Christi, Texas. Previously, the Delayed Coker had been shut from April 9 to May 28. Separately, the 110,000-BBL/d Heavy Sour Crude unit shut down August 11, 2020 and was restarted on August 13, 2020.
August 21, 2020 Imperial Oil remains on schedule to conduct, on September 1, a 35-day planned maintenance turnaround on the 11,875-BBL/d SF Alky, and 28,000-BBL/d Distillate Hydrofiner 2 (DHIN2 Diesel) at its 112,000-BBL/d Nanticoke, Ontario, Canada, refinery. The 112,000-BBL/d lone CSU (Crude) will be at reduced rates (est. 50%) during the September event.
August 21, 2020 Pemex TRI continues with planned repairs on the 6,000-BBL/d HF Alkylation 2 and 5,000-BBL/d MTBE 1 units at its 270,000-BBL/d Cadereyta, Mexico, refinery. The works that began on June 8 remain on schedule to be completed by late August amid delay on material delivery and a labor shortage because of the COVID-19 pandemic. The 65,000-BBL/d FCCU 1, which was forced to go offline on July 21 due to equipment issues, continues to perform corrective repairs until mid-September. Pemex TRI continues to operate the facility at reduced rates due to inventory controls related to company finances by having the 120,000-BBL/d Combinada 1 (Crude 1) offline and the 150,000-BBL/d Combinada 2 (Crude 2) running at 125,000-BBL/d.
August 21, 2020 IIR has learned that Pemex TRI was forced to reduce production during the second week of August at its 243,000-BBL/d Salamanca, Mexico refinery. Units were kept at minimum rates due to boiler issues; however, sources indicate that processing units are now kept at 40-45% capacity due to inventory controls related to company finances and COVID-19.
Map of North American Refineries Impacted by COVID-19/non-COVID -- Ongoing Offline Events
North America Refining Index
North American Refining Area Chart
Canada Refineries
U.S. PADDs
Map of North American Refineries Impacted by COVID-19/non-COVID -- Future Offline Events
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.
