-Calumet Specialty Products Partners yesterday announced it completed a 3,000-barrel-per-day crude unit expansion at its San Antonio refinery in December. It also completed a gasoline-blending project that will allow it to blend up to 5,000 barrels per day of finished gasoline.
-Via FuelFix, ConocoPhillips CEO Ryan Lance refuted the idea propagated by some scientists that the current boom in domestic shale oil and gas production will be short-lived. Lance said the theory that shale reserves will only last 10-20 years is “unfounded.”
-ExxonMobil announced it replaced 103% of its production last year by adding proved oil and gas reserves of 1.6 billion oil-equivalent barrels. The company also boosted its share of liquids production relative to gas production from 51% to 53% — a 10-year high.
-Tesoro Corp. blocked U.S. Chemical Safety Board investigators from entering its Martinez, Calif., refinery after an acid-spraying incident that left two workers with first- and second-degree burns. A Tesoro spokeswoman told the San Francisco Chronicle the company was surprised by CSB’s attempt to investigate given that the accident did not cause serious injury or property damage.
-Reuters explores how a Nebraska judge’s ruling on Wednesday could allow President Obama to defer a decision on the Keystone XL pipeline until after the November midterm elections. There is little indication, however, that the White House is any closer to a decision despite its recent finding that the pipeline would not significantly alter global carbon emissions.
