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Refined Products Rally

By: Mike Dombroski / Posted on: September 17, 2020

The oil patch is rallying today being led by refined products. This is due to the fact that Hurricane Sally has left a trail of “catastrophic” rainfall in Alabama earlier this week and is now barreling through the Carolinas and is hindering supply at petroleum terminals.

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The Eye in the Sky

By: Matt Karol / Posted on: August 21, 2020

The use of drones are being utilized in various industries all the time, from the military to recreation, but could we see the use of drones in the oil and gas industry? Of course, the drone model DJI M300 is used quite frequently in refinery inspections. “The accuracy of measurement increases with every new DJI drone model” says, Italian Engineer and spokesman, Flavio Dolce.

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Fire!

By: Nick Stanley / Posted on: February 12, 2020

 

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Trade War Takes a Back Seat to Oil Fundamentals

By: Peter Haralambakis / Posted on: September 20, 2019

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PES Refinery Update

By: Jon Babyak / Posted on: July 10, 2019

Philadelphia Energy Solutions (PES) announced the closing of their doors a couple of weeks ago, but there was, and still is, a lot of uncertainty for what that means for the future of the union workers and the physical plant itself.  PES recently announced its commitment to extend pay for union workers through August 25th, according to StateImpact Pennsylvania.  U.S. Senator Bob Casey and PES representatives have confirmed that PES will pay its workers through the expiration of their collective-bargaining agreement.  While the unions are holding on to hope that parts of the refinery will remain open or sell to a new operator quickly, it seems increasingly unlikely that will happen.

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