Piecing together the puzzle of Mexican Energy Reform: 7 Business Opportunities
|
|
- Cory Cunningham
- 5 years ago
- Views:
Transcription
1 Piecing together the puzzle of Mexican Energy Reform: 7 Business Opportunities David Eaton, VP Sales & Marketing 9/12/16
2 Key Messages How did we get here? Over time, Pemex became inefficient and bloated reform was needed What does the reform do? Breaks Pemex's integrated monopoly and opens the energy market to private participants What s in it for me? Seven rail, port and transload business opportunities Where do we go from here? Logistics infrastructure for the midstream sector must develop 2
3 How did we get here? United States, Dutch and English investments in the first Mexican oil fields 3
4 Mexico nationalizes the oil industry and created Pemex 4
5 Over time, Pemex became inefficient and bloated. Reform was needed. 5
6 Mexico Energy Reform is passed Sweeping reforms were made to the constitution and Mexican Energy reform became a reality Mexico's President Enrique Pena Nieto 6
7 What does the reform do? Breaks Pemex s integrated monopoly and opens the energy market to private participants 7
8 Pemex trims down and stays in the fight: Reduced focus/new contracting authority 8
9 Private investment in mature and new basins Source: SENER Plan Quinquenal de Licitaciones para la Exploración y Explotación de Hidrocarburos
10 Private sector midstream environment 10
11 New Retail Market Branding January 1, 2016 Importation April 1, 2016 Price Controls January 1,
12 What s in it for me? 7 Business Opportunities 1. Importation of refined products (gasoline, diesel & biofuels) 2. Importation of LPG s 3. Exportation of heavy fuel oil 4. Movement of steel pipe for natural gas transmission 5. Heavy Mexican crude from mature wells for US refineries 6. US crude exports for Mexican refineries 7. Importation of frac sand 12
13 Topography of Mexico A 13
14 Gaps in the Pipeline Network Saltillo SLP Sources: SENER and Pemex 14
15 KCSM Network Saltillo KCS Bridges the Gap San Luis Potosi 15
16 REFINING CAPACITY 1.27 Mbbl/day CADEREYTA Refining Capacity: 275,000 bpd % Capacity Utilization: 64.85% Serving Carrier: KCSM MADERO Refining Capacity: 190,000 bpd % Capacity Utilization: 84.99% Serving Carrier: KCSM SALAMANCA Refining Capacity: 245,000 bpd % Capacity Utilization: 61.70% Serving Carrier: KCSM through FXE haulage TULA Refining Capacity: 315,000 bpd % Capacity Utilization: 88.09% Serving Carrier: FXE MINATITLAN Refining Capacity: 246,000 bpd % Capacity Utilization: 71.95% Serving Carrier: FSRR Sources: Reuters1, Reuters2, Bloomberg, T21 SALINA CRUZ Refining Capacity: 330,000 bpd % Capacity Utilization: 89.58% Serving Carrier: FIT 16
17 1. Importation of refined products (gasoline, diesel & biofuels) Demand in Mexico is increasing Mexican production is dropping Exports from the United States will grow Theft is a concern KCS bridges the gap in the pipline network Result Product shortages in emerging population centers 17
18 Refined products Houston Area: multiple refineries/origins Rail SLP MTY POB Tampico Veracruz Huehuetoca By Ship Origin Destination KCS bridges the gap to reach key markets in central Mexico 18
19 2. Importation of LPGs 19
20 Demand exceeds supply in Central Mexico Mexico - Highest per-capita residential/commercial consumer of LPG in the world 8 out of 10 homes uses LPG 30% of demand is imported growing KCS rail bridges the gap in the current distribution system 20
21 3. Exportation of heavy fuel oil Pemex cannot convert heavy fuel oil into pet coke or asphalt 21
22 3. Exportation of heavy fuel oil Pemex refineries are old and generate a lot of heavy fuel oil Uses: Power generation Bunker fuel CFE has converted to natural gas - fuel oil inventories build Heavy fuel oil out / natural gas in = inventories build No capability to convert heavy fuel oil to asphalt or pet coke High volume of fuel oil must be exported out Lazaro Cardenas and Brownsville 22
23 Suezmax ships in Lazaro Cardenas for HFO Natural deep water Port Maximum vessel depth 16.5 meters (54.13 ft) 23
24 4. Movement of steel pipe for natural gas transmission 24
25 Mexico s Pipelines are Expected to Grow 89% from An estimated 6,267 miles of pipe will be constructed from
26 Los Ramones South pipeline project 291 Km pipeline Project (KCS moved +68 Km) Pipeline crosses: San Luis Potosí, Guanajuato and Queretaro states 26
27 Crude Swaps Business Opportunities #5 & #6 Heavy Mexican crude from mature wells for US Gulf refineries Light crude from the US for Pemex refineries - increase production of refined products and less heavy fuel oil 27
28 5. Heavy Mexican crude from mature wells for US refineries 28
29 Ebano basin - Mexican heavy crude for US refineries KCSM L Line crosses the field Current production: 15,000 Bbls per day Potential: 50,000 Bbls per day 29
30 Ebano Rail Project Delivery Options oil by rail from Ebony S.L.P. Contract Areas (Altamira Area) Crude storage specification Proposed Stations Actual pumping G-Méndez Crude analysis to be dehydrated Gross: 6,500 bls Water: 8-12% API: Refinería Madero Pipeline Railroad Ébano 4 Raya 5 Escudo Nacional Las Flores E Sábalo Corc. 5 Águila Méndez 2 Corc. 2 Águila G-Méndez E-114 E-M K P Paciencia Chijolito Chijol-D17 E-41 6 Internacional Ébano 3 Oficinas Ébano A-21
31 6. Importation of US crude for Mexican refineries Houston Pemex's older refineries would benefit from lighter sweet crude from the US: KCS bridges the gap Tula 31
32 7. Importation of frac sand 32
33 Fracking in Northern Mexico When? Laredo, TX Ciudad Miguel Aleman Zapata County, TX 33
34 Perspective Shale Basins of Eastern Mexico Source: 34
35 Fracking in Northern Mexico is a few years off Low oil prices Efficiency of the US basins Existing infrastructure on the US side of the border Lack of infrastructure on the Mexican side of the border such as roads, terminals and water When fracking begins in Northern Mexico, terminals will be needed 35
36 Market Scenario Reform is a reality The energy sector will open Pemex crude and refining production continues to drop Social discontent with product shortages is growing Product must be imported KCS bridges the gap Terminals are needed 36
37 Terminals Coming Soon! Pt Arthur Houston Corpus Christi Brownsville Monterrey Tampico San Luis Potosi San Jose Queretaro Tula Lazaro Cardenas 37
38 Bronco Terminal Corpus Christi (Origin, existing, potential unit train) KCS lane Outside Storage acres Track Capacity cars Over four miles of track on 120 acres and a maximum capacity of 325 railcars Commodities: Aggregates, catalyst, ethanol, frac sand, grain, petroleum coke, pipe, tubing 38
39 Greensport Houston Terminal (Origin, existing, unit train) Rail Logistics, Warehousing, Transloading, Trucking & Project Management 39
40 Rangeland Terminal Corpus Christi (Origin, future, unit train) Will receive and store refined products and LPG to be shipped to Mexico Located on KCS mainline. Subsequent phases are expected to include a marine-based facility as well as additional capacity to handle other commodities Rangeland Energy said it expects the terminal to be in service by Q1 of
41 T & R Terminals Corpus Christi area (Origin, future, unit train) 222 acres on the Laredo Subdivision in Realitos, TX for a multi-modal transload facility Services are liquid bulk transload and storage, dry bulk transload, railcar storage Origin terminal for liquid transload with gas pipeline that currently runs though the property 41
42 Bulkmatic in Monterrey - Manifest (Destination, existing, manifest train) Monterrey Capacity: 150 cars Storage capacity: No cover: 182,986 ft 2 Cover: 21,527 ft 2 San Luis Potosi 42
43 FR Terminales in Monterrey - Manifest (Destination, existing, manifest train) Monterrey Capacity: 65 cars 43
44 WTC Refined Products Terminal in SLP (Destination, near future, unit train) Future FLUIDS & CARGO TERMINAL Rail to truck transload December
45 Marsori LPG Terminal in SLP (Destination, near future,unit train) Estimated start date December, 2016 San Luis Potosi 45
46 Howard Energy Diesel Terminal in San Jose Iturbide (Destination, near future, unit train) San Jose Iturbide Estimated start date October
47 Port of Brownsville - Maverick Existing destination for heavy fuel oil and potential origin for refined products 47
48 Destination Queretaro - existing LPG manifest and potential refined products unit train San Luis Potosi Queretaro 48
49 Tula - Existing manifest transload for LPGs and refined products KCSM North Connection Custom Area FERROSUR South Connection KCSM Rail Line Over pass Bridge Intermodal Yard TILH Phase 1 FERROSUR Rail Line Potential unit train terminal for refined products Tula Ahorcado 49
50 Bulkmatic Atitalaquia Existing unit train terminal for heavy fuel oil Existing LPG transload Potential destination for US light crude Atitalaquia Atotonilco de Tula 50
51 Tula Heavy Fuel Oil Terminal 51
52 What will Pemex do with its 77 TARs? 52
53 Possible Frac Sand Terminals on the KCSM KCSM B Line KCSM F Line 53
54 Where do we go from here? 54
55 Key Messages How did we get here? Over time, Pemex became inefficient and bloated reform was needed What does the reform do? Breaks Pemex's integrated monopoly and opens the energy market to private participants What s in it for me? Seven rail, port and transload business opportunities Where do we go from here? Logistics infrastructure for the midstream sector must develop 55
56
PEMEX REFINACIÓN thousand barrels daily
PEMEX REFINACIÓN 2004 Atmospheric distillation capacity 1 540 Refinery runs 1 303 Refinery production 1 361 Domestic sales of refined products 1 390 Number of refineries 6 Wholesale storage 77 Service
More informationEnd-user average public prices of selected refined products. Domestic sales of refined products by region. Volume of domestic sales
Refining Refining capacity Refining production Production by refinery Value of domestic sales Volume of domestic sales Domestic sales of refined products by region End-user average public prices of selected
More informationrefining PEMEX S business unit dedicated to the REFINING of crude oil
refining REFINERY PRODUCTION (thousands barrels per day) 2002 Gasolines 398 Fuel Oil 450 Diesel 267 Jet Fuel 57 DOMESTIC SALE (thousands barrels per day) 2002 Gasolines 566 Fuel Oil 406 Diesel 271 Jet
More informationA Turning Point: Defining the Future of Midstream and Downstream Activities
A Turning Point: Defining the Future of Midstream and Downstream Activities PEMEX Investor Day New York December 4, 2014 Alejandro Martínez Sibaja Pemex-Gas General Director Content Strategic Assets Integrating
More informationAligning Midstream and Downstream Activities to Take Advantage of the Energy Reform
Aligning Midstream and Downstream Activities to Take Advantage of the Energy Reform PEMEX Investor Day New York December 4, 2015 ALEJANDRO MARTINEZ SIBAJA General Director, Pemex Industrial Transformation
More information5/18/ Kansas City Southern. Investor Relations General Book. Last Updated May 15, Kansas City Southern.
Investor Relations General Book Last Updated May 15, 2017 Company Overview 2 1 KCS Rail Network Founded in 1887 More than 6,500 track miles Seamless cross-border network Service to 12 Gulf ports and 1
More informationThe Case for Mexico to Improve Vehicle Fuel Efficiency
The Case for Mexico to Improve Vehicle Fuel Efficiency Feng An Energy and Transportation Technologies LLC Katherine Blumberg International Council on Clean Transportation Workshop on Sustainable Transport
More informationCalifornia s Petroleum Infrastructure Overview and Import Projections
California s Petroleum Infrastructure Overview and Import Projections Port of Los Angeles Harbor Commission Meeting San Pedro, CA February 1, 2007 Gordon Schremp Fuels and Transportation Division California
More informationMethodology. Supply. Demand
Methodology Supply Demand Tipping the Scale 1 Overview Latin America and the Caribbean, a major petroleum product importing region, provides an important counterbalance to surpluses in refined product
More informationEURONAV TALKS IMO 2020 FROM THE VIEW OF A SHIPOWNER JUNE
EURONAV TALKS IMO 2020 FROM THE VIEW OF A SHIPOWNER JUNE 2018 1 IMO 2020 2 % weight permitted WHAT IS IMO 2020 I HAVE SEEN ONE BEFORE.BUT NEVER THIS BIG Hill 4.5% Cliff 4.0% 3.5% 3.0% Open Seas 2.5% 2.0%
More informationChanging Crude Qualities and Their Impacts on U.S. Refinery Operations AM-14-42
Changing Crude Qualities and Their Impacts on U.S. Refinery Operations Presented to: AFPM 2014 Annual Meeting March 25, 2014 by John M. Mayes International consulting practice since 1971 Downstream focus;
More informationExxon Bets on Downstream U.S. Returns Beaumont refinery expansion complements Permian investment.
? Exxon Bets on Downstream U.S. Returns Beaumont refinery expansion complements Permian investment. Morningstar Commodities Research March. 12, 2018 Sandy Fielden Director, Oil and Products Research +1
More informationTerminals Jeff Armstrong
Terminals Jeff Armstrong KMT - 2002 Legend Dry Bulk Locations Liquid Locations 2 KMT - 2004 (4) (4) (4) Legend Transload Operations Dry Bulk Locations Liquid Locations 3 Liquids Terminals Pasadena Terminal
More informationCORPUS CHRISTI BAY - AN UPDATE ON THE SOUTH TEXAS PORT CITY'S CRUDE OIL EXPORT INFRASTRUCTURE
CORPUS CHRISTI BAY - AN UPDATE ON THE SOUTH TEXAS PORT CITY'S CRUDE OIL EXPORT INFRASTRUCTURE February 25, 2018 Corpus Christi, TX, is quickly becoming a strategic hub for U.S. crude oil exports. Since
More informationMonthly Petroleum Statistics
AUGUST 2015 Vol. XXVII No. 8 Monthly Petroleum Statistics SUBDIECCIÓN DE DESEMPEÑO DEL NEGOCIO AV. MAINA NACIONAL 329 GEENCIA DE INDICADOES OPEATIVOS Y DEL NEGOCIO PISO 31 TOE EJECUTIVA 11311 MÉXICO D.
More informationCOMMERCIALISATION OF UGANDA S OIL AND GAS SECTOR: REFINERY AND ATTENDANT INFRASTRUCTURE DEVELOPMENT
MINISTRY OF ENERGY AND MINERAL DEVELOPMENT COMMERCIALISATION OF UGANDA S OIL AND GAS SECTOR: REFINERY AND ATTENDANT INFRASTRUCTURE DEVELOPMENT Dr. Stephen Robert Isabalija PERMANENT SECRETARY 13 th -15
More informationExamining the cost burden imposed on European refining by EU legislation
ENVIRONMENTAL SCIENCE FOR THE EUROPEAN REFINING INDUSTRY Examining the cost burden imposed on European refining by EU legislation Platts European Middle Distillates Conference Antwerp, Belgium Alan Reid
More informationMEXICO S FAST TRANSITION TO AN OPEN FUELS MARKET
MEXICO S FAST TRANSITION TO AN OPEN FUELS MARKET By Eugenio Lohr, Javier Romero, and Eduardo León In 213, Mexico s government launched a sweeping overhaul of the country s energy sector, one that opens
More informationB A K E R & O B R I E N
B A K E R & O B R I E N I N C O R P O R A T E D Q3 : U. S. Refining Margins Remain Robust Special Topic: Domestic Light Oil Processing in the U.S. Gulf Coast Have We Hit the Limit? Houston, October 30,
More informationCrude Oil and gas reserves, 2012
Morelos Petrochemical Center 3 2 Content 01 Petróleos Mexicanos 1.1 Summary of Consolidated operating statistics 1.2 Summary of Consolidated operating statistics (continued) 1.3 Income statements 1.4 Balance
More informationThe Changing Face of Global Refining
The Changing Face of Global Refining OPIS National Supply Summit Las Vegas, Nevada October 24-26, 2010 John B. O Brien, Executive Chairman Baker & O Brien, Inc. All rights reserved. The Changing Face of
More informationPort Terminal Railroad Association. Committed to Safety and Service
Port Terminal Railroad Association Committed to Safety and Service Port Terminal Railroad History Port Terminal Railroad History The Port Terminal Railroad Association (PTRA), formed in 1924, is the culmination
More informationAdam Bedard, CEO ARB Midstream, LLC Midstream View on Rail. June 2, 2015
Adam Bedard, CEO ARB Midstream, LLC Midstream View on Rail June 2, 2015 ARB Midstream Overview Growth oriented, infrastructure development company focused on early stage, organic development projects Provide
More informationCycles & Trends 2017 Mexico Energy reform in motion
Cycles & Trends 2017 Mexico Energy reform in motion How to do business in Mexico Where, When, with Whom, Norwegian Energy Partners Business Mission to Mexico, 8 11 May, 2017 Background: The investment
More informationRefining Trends and Outlook
Refining Trends and Outlook Presented by: Greg Kort, P.E., ASA 2018 TXOGA PROPERTY TAX REPRESENTATIVES ANNUAL CONFERENCE March 7, 2018 www.ryan.com Agenda Hurricane Harvey Tax Cuts and Jobs Act of 2017
More informationThe road leading to the 0.50% sulphur limit and IMO s role moving forward
The road leading to the 0.50% sulphur limit and IMO s role moving forward 2020 global sulphur challenge Copenhagen, 21 March 2017 Dr Edmund Hughes Marine Environment Division International Maritime Organization
More informationValero History 1980s Started out in the natural gas industry Grew to become the largest intrastate pipeline in Texas
Valero History 1980s Started out in the natural gas industry Grew to become the largest intrastate pipeline in Texas 6th-largest supplier of natural gas liquids in the U.S. Built Valero Corpus Christi
More informationPETRÓLEOS MEXICANOS 3_ PEMEX Anuario Estadístico 2005
PETRÓLEOS MEXICANOS 3_PEMEX Anuario Estaístico 2005 SUMMARY OF OPERATING STATISTICS Change 2004 over 2003 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 (%) Prouction (thousan barrels aily) Liqui
More informationPre U.S. Crude Boom (~2007/2008)
Pre U.S. Crude Boom (~2007/2008) Export regulations irrelevant. Refinery Utilization 90 80 70 60 50 40 30 20 10 0 U.S. Production Canadian Imports Saudi Imports Other Light & Medium WB Imports Heavy Waterborne
More informationDefining the Debate: Crude Oil Exports
Defining the Debate: Crude Oil Exports Trisha Curtis, Director of Research Upstream and Midstream Energy Policy Research Foundation, Inc. (EPRINC) Brookings Task Force February 28th, 214 About EPRINC www.eprinc.org
More informationMEXICAN ENERGY 101 BENPOSIUM JUNE 13-15, 2016 HOUSTON
MEXICAN ENERGY 11 BENPOSIUM JUNE 13-15, 216 HOUSTON Javier Díaz Manager, Energy Analysis and Consulting Services jdiaz@bentekenergy.com RESTRICTIONS ON USE: YOU MAY USE THE PRICES, INDEXES, ASSESSMENTS
More informationThe Impact of Shale Oil Production Growth in the US
The Impact of Shale Oil Production Growth in the US Presentation to IMSF, Copenhagen By Selena Yan, Senior Analyst www.clarksons.com Disclaimer The material and the information (including, without limitation,
More informationBiofuel Market Factors
Biofuel Market Factors Michael Cooper Ultra Green Energy Corporation, Executive Vice President Biofuel Brokers, LLC, President/Director 866-E-MY-FUEL (369-3835) info@ultragreenenergy.com emyfuel@biofuelbrokers.com
More informationCan Small Refineries Succeed in North Dakota and Texas? Economics favor larger operators.
? Can Small Refineries Succeed in North Dakota and Texas? Economics favor larger operators. Morningstar Commodities Research July 9, 2018 Sandy Fielden Director, Oil and Products Research +1 512 431-8044
More informationEP 724 US RAIL SERVICE ISSUES DATA COLLECTION
EP 724 US RAIL SERVICE ISSUES DATA COLLECTION Railroad: BNSF Year: 2016 1. System Average Train Speed by Train Type for the Reporting Week (MPH) Intermodal 39.3 Grain unit 26.6 Coal unit 25.9 Automotive
More informationTransforming Mexico s Power Sector
Sponsored by Transforming Mexico s Power Sector Agenda All times are San Diego local times (Pacific Standard Time) 11:00 am Overview of logistics and agenda by Alexis Arthur, Energy Policy Associate, Institute
More informationResidue Upgrading Technologies Key Technologies, Considerations & Options for your Refinery Russia BBTC 2015 MOSCOW
Residue Upgrading Technologies Key Technologies, Considerations & Options for your Refinery Russia BBTC 2015 MOSCOW Colin CHAPMAN April 2015 Euro Petroleum Consultants PRESENTATION SUMMARY - RUSSIA BBTC
More informationNorth American Energy Roundtable: Panel 1
University of Nevada, Las Vegas Digital Scholarship@UNLV North American Energy Roundtable North American Energy Roundtable Mar 27th, 8:45 AM - 10:00 AM North American Energy Roundtable: Panel 1 Ricardo
More informationLatin American Refined Products Market. Rob Smith Director, Energy Insight IHS Markit
Latin American Refined Products Market Rob Smith Director, Energy Insight IHS Markit Latin America transportation fuel outlook IHS Markit IHS Markit: Integrated views benefiting from interconnected capabilities
More informationMarket Report Series Oil 2018
Market Report Series Oil 218 Norwegian Ministry of Energy, 17 April 218 Neil Atkinson, Head of Oil Industry and Markets Division Toril Bosoni, Senior Oil Market Analyst, Oil Industry and Markets Division
More informationHurricane Gustav & Ike Impacts to U.S. Petroleum Supply and Infrastructure Jeremy J. Cusimano Office of Petroleum Reserves Washington, DC
Click to edit Master title style Hurricane Gustav & Ike Impacts to U.S. Petroleum Supply and Infrastructure Jeremy J. Cusimano Office of Petroleum Reserves Washington, DC Hurricane Gustav and Ike Impacts
More informationEXPANSION OF THE PANAMA CANAL AND ITS IMPACT ON TANKERS. José Ramón Arango S. Liquid Bulk Segment October 4th 2017
EXPANSION OF THE PANAMA CANAL AND ITS IMPACT ON TANKERS José Ramón Arango S. Liquid Bulk Segment October 4th 2017 Agenda Panama Canal Expansion Panama Canal Expansion Performance Impact of the Expansion
More informationU.S. GASOLINE AND DISTILLATE FUELS UPDATE - DECEMBER 20, 2017
U.S. GASOLINE AND DISTILLATE FUELS UPDATE - DECEMBER 20, 2017 PRICE TRENDS Monday, December 18 According to the Energy Information Administration (EIA), the average U.S. retail price for regular grade
More informationU.S. Rail Crude Oil Traffic
U.S. Rail Crude Oil Traffic Association of American Railroads November 215 Summary U.S. crude oil production has risen sharply in recent years, with much of the increased output moving by rail. In 28,
More informationTHE THUNDER ROLLS IMO 2020 S MARKET IMPACTS AND CHALLENGES TO REFINERS (PART 2)
THE THUNDER ROLLS IMO 2020 S MARKET IMPACTS AND CHALLENGES TO REFINERS (PART 2) December 4, 2018 The planned shift from 3.5%-sulfur marine fuel to fuel with sulfur content of 0.5% or less mandated by IMO
More informationLike a Box of Chocolates The Condensate Dilemma. 3rd Annual NGLs Forum
Like a Box of Chocolates The Condensate Dilemma 3rd Annual NGLs Forum E. Russell Braziel RBN Energy, LLC September 23, 2013 Tsunami of Condensates Mb/d 1,600 1,400 1,200 1,000 800 600 400 200 0» Historically
More informationJanuary 2018 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 16, 2018
January 2018 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 16, 2018 US Williston Basin Oil Production - 2017 JJ Kringstad - North Dakota Pipeline Authority 2 Monthly Production
More informationOUTLINING STORAGE REGIONALLY IN AFRICA How much is sufficient and well-linked storage key to security of supply and competitive pricing?
Platts African Refining Summit 2014 OUTLINING STORAGE REGIONALLY IN AFRICA How much is sufficient and well-linked storage key to security of supply and competitive pricing? - by Gabriel Ogbechie, Managing
More informationThe Transition to Low Sulfur Bunker Fuel
2016: 5th Opportunity Crudes Conference The Transition to Low Sulfur Bunker Fuel NA Crude Oil Summit April 10-11, 2017 Houston, Texas John Mayes Director of Special Studies Turner, Mason & Company 2020
More informationAsphaltene Precipitation in Domestic Sweet. Ron Fisher BP, Refining and Logistics Technology June 11, 2015
Asphaltene Precipitation in Domestic Sweet Ron Fisher BP, Refining and Logistics Technology June 11, 2015 Overview Precipitated asphaltenes can cause storage tank and heat exchanger fouling, desalter upsets,
More informationAdvanced Gasoline Components for Latin America: Production and Blending Properties of MTBE and ETBE
Advanced Gasoline Components for Latin America: Production and Blending Properties of MTBE and ETBE Daniel B. Pourreau, Ph.D. LyondellBasell Industries Mexico Energy Reform Driving Change Gasoline market
More informationAlamo Natural Gas Vehicle Consortium
Alamo Natural Gas Vehicle Consortium Overview of the Alamo Natural Gas Vehicle Consortium 10MAY12 Christopher Ashcraft 8700 Tesoro Dr., Suite 700 San Antonio, TX 78217 210-362-5228 cashcraft@aacog.com
More informationPRESENTATION TO FOURTH IEA-IEF-OPEC SYMPOSIUM ON ENERGY OUTLOOKS
PRESENTATION TO FOURTH IEA-IEF-OPEC SYMPOSIUM ON ENERGY OUTLOOKS Nathalie BRUNELLE Senior VP Strategy, Development, Research Refining & Chemicals January 22, 214 Riyadh, Saudi Arabia janv.-7 juin-7 nov.-7
More informationEmerging Trends in Petroleum Markets
Emerging Trends in Petroleum Markets For Defense Logistics Agency, Worldwide Energy Conference Washington, D.C. By T. Mason Hamilton, Petroleum Markets Analyst U.S. Energy Information Administration Independent
More informationDr. Robert Brooks RBAC, Inc. IAEE Conference 2014 June (c) RBAC, Inc., , All Rights Reserved
Dr. Robert Brooks RBAC, Inc. IAEE Conference 2014 June 2014 (c) RBAC, Inc., 2012-2014, All Rights Reserved The Shale Gas Revolution Technological innovations have brought about the shale gas revolution
More informationTANK BARGE OPPORTUNITIES RELATED TO CRUDE OIL PRODUCTION & MOVEMENT
TANK BARGE OPPORTUNITIES RELATED TO CRUDE OIL PRODUCTION & MOVEMENT Third Edition A SPECIAL INDUSTRY STUDY Prepared by: November 2014 775 Ridge Lake Boulevard, Suite 400 ~ Memphis, Tennessee 38120-9403
More informationGrowing U.S. Light Crude Exports and IMO 2020 Driven Discounts: Who Benefits?
Growing U.S. Light Crude Exports and IMO 2020 Driven Discounts: Who Benefits? OPPORTUNITY CRUDES CONFERENCE OCTOBER 22, 2018 Baker & O Brien, Inc. All rights reserved. Legal Notice Baker & O Brien, Inc.
More informationFinancial Results 4 th Quarter, 2007
February 29, 2008 Financial Results 4 th Quarter, 2007 1/32 Content 2007 Operating and Financial Highlights 4Q07 Main Highlights Upstream Downstream International Trade Financial Results Other Relevant
More informationDiesel prices finally ease Winter weather and international events could determine your fuel bill for 2018 By Bryce Knorr, senior grain market analyst
Diesel prices finally ease Winter weather and international events could determine your fuel bill for 2018 By Bryce Knorr, senior grain market analyst After rallying to their highest level in nearly three
More informationVTTI. Storage Markets : Our Perspective. StocExpo Europe March Onur Capan: Market Intelligence
VTTI Storage Markets : Our Perspective Onur Capan: Market Intelligence StocExpo Europe March 2017 VTTI track record at its 10 th anniversary VTTI has grown in 10 years to be one of the largest global independent
More informationEnSys Mexican ECA Fuels Analysis Report
EnSys Mexican ECA Fuels Analysis Report Assessment of 2030 Mexico and Global Fuels Supply and Cost Impacts Prepared for the CEC by EnSys Energy Final July 2015 Commission for Environmental Cooperation
More informationStronger than the others
Stronger than the others Natural gasoline demand, markets, and pricing Maria Mejia, NGL Analyst September 29, 2014 2014 Platts, McGraw Hill Financial. All rights reserved. Bentek Energy is a leader in
More informationAL BADI TRADING OIL & GAS PRODUCTS LLC
OIL & GAS PRODUCTS LLC AB TRADING COMPANY PROFILE WWW.ALBADIGROUP.COM 2018 Contents 03 Mission & Vision BUSINESS MODEL 04 Chairman s Message BUSINESS ACTIVITIES 05 PRODUCTS 06 PETROLEUM ACTIVITIES 07 TRADING
More informationThe Shifting Ground in US Crude Markets. Houston, TX April 15, 2013
The Shifting Ground in US Crude Markets Houston, TX April 15, 2013 Agenda Will production growth in Texas, Bakken, etc. overwhelm domestic demand? New Markets Eagle Ford, Permian to the USGC, Bakken to
More informationExpansion of the Panama Canal A Game Changer: Port of Houston and Beyond. Juan B. Sosa, Consul General of Panama CAPT Bill Diehl, USCG (Ret.
Expansion of the Panama Canal A Game Changer: Port of Houston and Beyond Juan B. Sosa, Consul General of Panama CAPT Bill Diehl, USCG (Ret.) The Panama Canal How A Canal Works Suez Canal Type New Third
More informationInvestor Presentation
Investor Presentation Producing Tomorrow s Energy N o v e m b e r 2018 Disclaimer This document may contain forward-looking statements including words such as may, can, could, should, predict, aim, potential,
More informationOIL SUPPLY / DEMAND REPORT OIL SUPPLY/DEMAND REPORT FY 2016
OIL SUPPLY / DEMAND REPORT OIL SUPPLY/DEMAND REPORT FY 2016 SUPPLY Inventory December 2016 actual crudes and petroleum products inventory closed at 20,742 thousand barrels (MB) or 51-day supply equivalent;
More informationThe following events were obtained from the Department of Energy (DOE) website:
Refinery Events October 2, 2013 October 10, 2013 The following events were obtained from the Department of Energy (DOE) website: Lima Energy to Supply 22,000 b/d of Synthetic Crude Oil to Husky s Lima
More informationDownstream & Chemicals
Downstream & Chemicals Mark Nelson Executive Vice President Downstream & chemicals portfolio Fuels refining & marketing Focused, regional optimization Petrochemicals Advantaged feed, scale and technology
More informationInvestor Presentation
Investor Presentation Producing Tomorrow s Energy D e c e m b e r 2018 Disclaimer This document may contain forward-looking statements including words such as may, can, could, should, predict, aim, potential,
More informationEgyptian Oil Downstream System
Egyptian Oil Downstream System Mamdouh Nagaty Egyptian General Petroleum Corporation (EGPC) 15/3/2016 EGPC-ARRA 1 An Overview. Contents Egypt s Downstream Infrastructure Refining & Processing Companies
More informationU.S. Rail Crude Oil Traffic
U.S. Rail Crude Oil Traffic Association of American Railroads May 217 Summary U.S. crude oil production has risen sharply in recent years, with much of the increased output moving by rail. In 28, U.S.
More informationMODELING FRESH WATER CONSUMPTION ASSOCIATED WITH PRIMARY ENERGY PRODUCTION IN THE USA
MODELING FRESH WATER CONSUMPTION ASSOCIATED WITH PRIMARY ENERGY PRODUCTION IN THE USA 2010-2040 James J Dooley The Combined GCAM Community Modeling Meeting and GTSP Technical Workshop for 2013 October
More informationSapphire Energy. Creating the Potential for Fuels from Algae. Presented by Cynthia J Warner, President
Sapphire Energy Creating the Potential for Fuels from Algae Presented by Cynthia J Warner, President 0 Liquid transportation fuels are a major source of energy use, though renewables make up a tiny fraction
More informationAutomotive Report August, 2014
Automotive Report August, 2014 Noticias Automotive industry figures 2014 year to date Sales of light cars grew 11.0% in July 2014 compared with the same month 2013 totalling 96,211 vehicles. July production
More informationInvestor Presentation
Investor Presentation Producing Tomorrow s Energy O c t o b e r 2 0 1 8 Disclaimer This document may contain forward-looking statements including words such as may, can, could, should, predict, aim, potential,
More informationFuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Issue 20, Volume 8
Fuel Focus Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices Issue 20, Volume 8 October 18, 2013 Copies of this publication may be obtained free of charge from: Natural Resources
More informationPOSITIONED FOR GROWTH BNSF Railway. John Miller Group Vice President Agricultural Products BNSF Railway
POSITIONED FOR GROWTH BNSF Railway John Miller Group Vice President Agricultural Products BNSF Railway 1 Historic Rail Industry Volumes U.S. Class I Weekly Rail Volumes 800,000 2006 2007 2008 2009 2010
More informationNorth American Storage and Transportation Trends
North American Storage and Transportation Trends Brian Busch Director, Oil Markets and Business Development www.genscape.com 2016 Genscape Incorporated. All rights reserved. What we do 2 Current State
More information1. Before Energy Reform
CFE on the right track September 2018 1. Before Energy Reform In 2012, there was a significant gap in the average industrial rate between the United States and Mexico. In 2012, the rate in Mexico, on average,
More informationEST technology: an advanced way to upgrade the bottom of the barrel G. Rispoli
EST technology: an advanced way to upgrade the bottom of the barrel G. Rispoli OMC 2015 WORKSHOP: ADVANCED PROVEN TECHNOLOGIES INCREASE PRODUCTIVITY QUALITY, SAFETY AND SECURITY Ravenna, 26th March 2015
More informationFuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Issue 24, Volume 8
Fuel Focus Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices Issue 24, Volume 8 December, Copies of this publication may be obtained free of charge from: Natural Resources
More informationInvestment Opportunities at POIC Lahad Datu
Investment Opportunities at POIC Lahad Datu Bilson Kurus, Ph.D POIC Sabah Sdn Bhd International Joint Workshop on New Trends In Nano-Bio Technology 28 th November 2013, Hotel Le Meridien, Kota Kinabalu,
More informationChallenges to Ethanol Blending in the Southeast
Challenges to Ethanol Blending in the Southeast Agricultural Outlook Forum 2008 Arlington Virginia February 22, 2008 Daniel H. Moenter Manager, State Government Affairs Marathon Oil Corporation Upstream
More information2 Flex Cars and the Fuel Market in Brazil 2.1 Flex Cars
14 2 Flex Cars and the Fuel Market in Brazil 2.1 Flex Cars After the first oil crisis, the Brazilian government launched the National Ethanol Program in 1975, known as Pró-álcool ( Pro-ethanol ). The main
More informationRegulatory and Compliance Update
1 Regulatory and Compliance Update 2 Market Snapshot Million Barrels per day U.S. Gasoline Demand (EIA) 9.6 9.4 9.2 9 8.8 8.6 8.4 8.2 2012 2013 2014 2015 2016 2017 2018 Year Fuel Ethanol Production vs
More informationCHEMSYSTEMS. Report Abstract. Petrochemical Market Dynamics Feedstocks
CHEMSYSTEMS PPE PROGRAM Report Abstract Petrochemical Market Dynamics Feedstocks Petrochemical feedstocks industry overview, crude oil, natural gas, coal, biological hydrocarbons, olefins, aromatics, methane
More informationEngineered Transportation For Project Cargo
Engineered Transportation For Project Cargo 1957: Jerry made his first major heavy haul contract with American Pipe & Construction Co. to haul 1,700 loads of reinforcing steel cages for 16-foot dia. concrete
More informationCHALLENGES = OPPORTUNITIES
CHALLENGES = OPPORTUNITIES PRESENTER: ABDULAZIZ NAWAB AL BLOOSHI TOKYO, 25 TH JANUARY 2018 ABU DHABI NATIONAL ADNOC OIL COMPANY REFINING FUTURE REFINING & PETROLEUM INDUSTRY REFORMATION OUTLINE Overview
More informationVTTI placing Cyprus on the Oil Trading Map 19 June 2018
VTTI placing Cyprus on the Oil Trading Map 19 June 2018 VTTI offers oil storage solutions in strategic locations, in a way that is fast, flexible, safe and environmentally sound. We are importantly driven
More informationEvolving Global Oil Trade Flows. IEA-IEF-OPEC Joint Meeting Vienna, March 2018
Evolving Global Oil Trade Flows IEA-IEF-OPEC Joint Meeting Vienna, March 2018 SHIFTING FLOWS: WHAT HAS THIS MEANT IN PRACTICE? US/Europe crude imports & exports Saudi crude to Poland Chinese teapots importing
More informationTHE PORT OF LOS ANGELES OCCUPIES 4,300 ACRES OF LAND ALONG 43 MILES OF WATERFRONT. THE PORT OF LOS ANGELES IS THE LARGEST PORT IN THE
THE PORT OF LOS ANGELES OCCUPIES 4,300 ACRES OF LAND ALONG 43 MILES OF WATERFRONT. THE PORT OF LOS ANGELES IS THE LARGEST PORT IN THE U.S. AND 13TH LARGEST WORLDWIDE. THE PORT OF LONG BEACH IS THE SECOND
More informationBB&T Capital Markets Transportation Conference. Marta R. Stewart Executive Vice President Chief Financial Officer February 12, 2014
BB&T Capital Markets Transportation Conference Marta R. Stewart Executive Vice President Chief Financial Officer February 12, 2014 1 Norfolk Southern Update 2013 Overview First Quarter Update Business
More informationWeekly Statistical Bulletin
API 1220 L Street, NW Washington, DC 20005 Weekly Statistical Bulletin STATISTICS DEPARTMENT Volume: 93 Number: 35 Week Ending: August 31, 2012 SUMMARY (In thousands of 42-gallon barrels per day, except
More informationOCTANE THE NEW ECONOMICS OF. What Drives the Cost of Octane and Why Octane Costs Have Risen Since 2012 T. J. HIGGINS. A Report By:
THE NEW ECONOMICS OF OCTANE What Drives the Cost of Octane and Why Octane Costs Have Risen Since 2012 A Report By: T. J. HIGGINS Contents Foreword... 1 1. Executive Summary... 2 2. Tracking the Changing
More informationMarket Report Series Oil 2018 Analysis and Forecasts to Columbia University Centre on Global Energy Policy, New York, May 22 nd 2018
Market Report Series Oil 218 Analysis and Forecasts to 223 Columbia University Centre on Global Energy Policy, New York, May 22 nd 218 Robust global oil demand growth to 223 1.8 1.6 1.4 1.2 1..8.6.4.2.
More informationInefficient Fossil Fuel Subsidies
Inefficient Fossil Fuel Subsidies Anthony Cox Deputy Director, Environment Directorate G20 Energy Sustainability Working Group 3 rd Meeting, Izmir, 1-2 Sep 2015 The OECD continues monitoring how national
More informationLogistics Costs: Trends and Implications. Joseph Bryan Managing Director, Global Trade and Transportation Global Insight
Logistics Costs: Trends and Implications Joseph Bryan Managing Director, Global Trade and Transportation Global Insight Overview Points on trade U.S. freight projections Capacity strains Trends for surface
More informationWhat Do the Impending New Bunker Specs Mean for Refiners
What Do the Impending New Bunker Specs Mean for Refiners John Mayes Director of Special Studies Turner, Mason & Company 2016: 5th Opportunity Crudes Conference 1 2020 Bunker Fuel Requirements Upcoming
More informationChallenges to Ethanol Blending in the Southeast
Challenges to Ethanol Blending in the Southeast EPRINC EIA Roundtable Washington, D.C. April 15, 2008 Daniel H. Moenter Manager, State Government Affairs Marathon Oil Corporation Upstream In business since
More information