Brooge Petroleum & Gas is hydrotesting its eight-tank Phase II storage expansion in Fujairah, which on completion will increase the company’s total oil storage capacity from its current 2.5MnBbls to 6.3MnBbls.
Edo’s 5.5kbd (0.275Mnta) modular refinery located at Ologbo in Ikpoba Okha Local Government Area (LGA), is approx. 70% completed, and will soon be ready for commissioning. The plant will process crude sourced from the Nigerian Petroleum Development Company’s (NPDC) facility near Benin City.
Turkmenbashi Complex of Oil Refineries (TCOR) is proceeding with construction of new units at its Turkmenbashi and Seydi refineries. Westport Trading Europe (WTL) has been awarded the engineering, procurement, and construction (EPC) contracts for both plants.
Marathon Petroleum (MPC) is permanently shuttering crude oil processing at two of its US refineries, the 161kbd (8.05Mnta) Martinez refinery in California and 27kbd (1.35Mnta) Gallup refinery in New Mexico, as part of its strategy to increase overall competitiveness – a solution to the decreased product demand caused by the ongoing coronavirus (COVID-19) health crisis.
Marathon Petroleum (MPC) has confirmed that construction remains ongoing to convert its former 19kbd (0.95Mnta) Dickinson refinery in North Dakota into a 12kbd (0.6Mnta) renewable diesel refinery, still on schedule to be completed in late 2020.