A $1.6 billion plan to refurbish a long-idled Caribbean oil refinery is about 75...
- A $1.6 billion plan to refurbish a long-idled Caribbean oil refinery is about 75% complete and could begin delivering fuel supplies early next year, company and government officials said this week.
Once restarted, the plant will be able to process up to 210,000 barrels per day of oil, a fraction of the 1,500-acre plant’s peak capacity in the 1970s of 650,000 bpd. Instead, it will start operations early next year with one crude processing unit and may later revive a second crude unit if profits allow, Brian Lever, Limetree Bay’s chief executive, told a St. Croix senate panel on Wednesday.Lever declined comment on the delays or when product deliveries could begin through an Arclight spokesman. The company continues “to make strong progress on the refinery restart,” adding it now expects to put oil into processing units early next year.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Roku tumbles 11% as Wall St. gives thumbs down to latest reportRoku Inc's stock tumbled 11% on Thursday after the video streaming company ...
Baca lebih lajut »
Wall St. ends near flat; healthcare shares gain but trade deal delay weighsU.S. markets remained almost flat as upbeat earnings from healthcare sector offset the impact of reports that U.S-China trade deal could be delayed
Baca lebih lajut »
Operations resume at Iraqi port, oil refinery after protesters leave: sourcesOperations resumed at a port and an oil refinery in southern Iraq on Thursday af...
Baca lebih lajut »
Oscars 2020: The Early Contenders for Documentary FeatureWith all of the changes in Oscar voting — and the changes in Oscar voters — that have taken place over the last few years, it’s hard to know how much of the conventional awards season wisdom to ret…
Baca lebih lajut »
Several 2020 Democrats Could See Boost From Lack of Day-Job DistractionsMayor Pete is about to become ex-Mayor Pete, and that might give him and other candidates whose only current gig is running for president an advantage on the campaign trail
Baca lebih lajut »
PayPal plans to make an in-store mobile payments push as soon as next year - Business InsiderPayPal is set to roll out new in-store payment efforts as soon as 2020, which may center around making in-store payments flexible and convenient.
Baca lebih lajut »