Published on Monday, November 26 2018
Authors: Sam Davis

Author: Sam Davis As we await the sale of the Petrobras refinery in Pasadena, Texas, which was put on the market in February this year, we turn our attention back to Brazil and the plans the company has to revive its domestic refining market. Back in April, Petrobras announced they…

Published on Tuesday, November 20 2018
Authors: Brian Mason and John Auers

Authors: Brian Mason and John Auers Over the past couple of weeks, we’ve discussed the good news from refiners that have been coming out of earnings calls from both U.S. independents and integrated majors.  This week, as we continue our review of 3rd quarter earnings calls, we’ll take a look…

Published on Monday, November 12 2018
Authors: Brian Mason & Robert Auers

Authors: Brian Mason & Robert Auers This week, we will review the earnings calls for the Integrated Majors operating in the U.S. as a follow-up to last week’s blog which covered independent refiners. While the Integrated Majors reported strong results from the upstream divisions due primarily to high Q3 crude…

Published on Tuesday, November 6 2018
Authors: Sam Davis

Independent refiners take advantage of crude bottlenecks; see bright future from IMO opportunities Author: Sam Davis Earnings season has kicked off with a bang as U.S. Independent refiners posted strong quarterly results driven by logistically related crude discounts and high refinery utilization rates.  During the third quarter, WCS, Bakken and…