• 8 hours OPEC, Russia Said To Announce Oil Pact Extension On Nov 30
  • 11 hours Wintershall And LetterOne In Talks For $12B Oil, Gas Merger
  • 13 hours India Exempts State Oil Firms Mergers From Competition Approval
  • 15 hours Turkey Targets $5B Investment In Wind Energy By End-2017
  • 17 hours Weatherford Looks To Sell Assets To Ease Some Of $8B Debt
  • 18 hours OPEC Set To Move Fast On Cut Extension Decision
  • 20 hours Nigeria Makes First Step Away From Oil
  • 1 day Russia Approves Profit-Based Oil Tax For 2019
  • 1 day French Strike Disrupts Exxon And Total’s Oil Product Shipments
  • 2 days Kurdistan’s Oil Exports Still Below Pre-Conflict Levels
  • 2 days Oil Production Cuts Taking A Toll On Russia’s Economy
  • 2 days Aramco In Talks With Chinese Petrochemical Producers
  • 2 days Federal Judge Grants Go-Ahead On Keystone XL Lawsuit
  • 2 days Maduro Names Chavez’ Cousin As Citgo Boss
  • 2 days Bidding Action Heats Up In UK’s Continental Shelf
  • 2 days Keystone Pipeline Restart Still Unknown
  • 2 days UK Offers North Sea Oil Producers Tax Relief To Boost Investment
  • 3 days Iraq Wants To Build Gas Pipeline To Kuwait In Blow To Shell
  • 3 days Trader Trafigura Raises Share Of Oil Purchases From State Firms
  • 3 days German Energy Group Uniper Rejects $9B Finnish Takeover Bid
  • 3 days Total Could Lose Big If It Pulls Out Of South Pars Deal
  • 3 days Dakota Watchdog Warns It Could Revoke Keystone XL Approval
  • 4 days Oil Prices Rise After API Reports Major Crude Draw
  • 4 days Citgo President And 5 VPs Arrested On Embezzlement Charges
  • 4 days Gazprom Speaks Out Against OPEC Production Cut Extension
  • 4 days Statoil Looks To Lighter Oil To Boost Profitability
  • 4 days Oil Billionaire Becomes Wind Energy’s Top Influencer
  • 4 days Transneft Warns Urals Oil Quality Reaching Critical Levels
  • 4 days Whitefish Energy Suspends Work In Puerto Rico
  • 4 days U.S. Authorities Arrest Two On Major Energy Corruption Scheme
  • 4 days Thanksgiving Gas Prices At 3-Year High
  • 4 days Iraq’s Giant Majnoon Oilfield Attracts Attention Of Supermajors
  • 5 days South Iraq Oil Exports Close To Record High To Offset Kirkuk Drop
  • 5 days Iraqi Forces Find Mass Graves In Oil Wells Near Kirkuk
  • 5 days Chevron Joint Venture Signs $1.7B Oil, Gas Deal In Nigeria
  • 5 days Iraq Steps In To Offset Falling Venezuela Oil Production
  • 5 days ConocoPhillips Sets Price Ceiling For New Projects
  • 7 days Shell Oil Trading Head Steps Down After 29 Years
  • 7 days Higher Oil Prices Reduce North American Oil Bankruptcies
  • 8 days Statoil To Boost Exploration Drilling Offshore Norway In 2018
Alt Text

EVs Won’t Stifle Oil Demand Anytime Soon

There will be 280 million…

Alt Text

Are Electric Cars As Clean As They Seem?

Electric cars are set to…

Alt Text

Oil Prices Stuck Ahead Of OPEC Meeting

Oil prices are holding steady…

James Burgess

James Burgess

James Burgess studied Business Management at the University of Nottingham. He has worked in property development, chartered surveying, marketing, law, and accounts. He has also…

More Info

Koch Industries Ordered to Spend $44M in Refinery Upgrades

Koch Industries Ordered to Spend $44M in Refinery Upgrades

Koch Industries’ Kansas-based Flint Hills Resources (FHR) will invest $300 million in a Minnesota refinery to improve energy efficiency and clean fuels production, after being fined by authorities for violating emissions limits in Texas and ordered to foot the bill for $44 million in upgrades.  

The company will invest $300 million in two projects to boost efficiency and production at its Pine Bend Refinery, the largest oil refinery in Minnesota, as another Koch refinery in Texas is fined $350,000 by the US Department of Justice and the Environmental Protection Agency (EPA).

Earlier this week, the DOJ fined a chemical plant in Port Arthur, Texas, controlled by Koch Industries $350,000 for emissions violations, ordering the company to spend more than $44 million on the necessary upgrades.

According to the Justice Department, the plant, owned by Flint Hills, has violated EPA regulations to limit emissions from leaking equipment and improperly operated flaring equipment, released excess amounts of benzene and other harmful substances.

In Minnesota, the Koch-controlled oil refinery is said to be responsible for 2% of the state’s total greenhouse gas emissions—an amount equal to 3.5 million tons of carbon dioxide annually.

Related Article: Colorado Sets US Fracking Rule Precedent

The oil refinery has a capacity of 320,000 barrels (51,000 m3) per day, and the cash injection would go towards a combined heat and power (CHP) system that reduces energy use while generating enough electricity to cover roughly half the refinery’s needs.

The CHP system will use natural gas and a heat recovery process to produce up to about 50 Mw of electricity. The system will also use air-cooled condenser technology, which will save 400,000 gpd of water compared with traditional water-based cooling systems.

The $300 million investment will also be used to implementation of a new process for removing sulfur and nitrogen from gasoline and converting it to fertilizer, helping the company meet federal low-sulfur standards for gasoline scheduled to take effect in 2017.  

The projects are slated to begin in 2015, assuming final approval from management and the Minnesota Pollution Control Agency.

This is the second major investment in the refinery towards cleaner fuels production. In 2006, the refinery undertook a $350 million project to produce diesel fuel containing lower levels of sulfur.

By James Burgess of Oilprice.com




Back to homepage


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News