Cenovus Refinery is preparing for some major work at the Lima refinery starting in early September. The refinery will begin bringing down units on September 3rd to do needed maintenance. During what is known as a "shutdown" or "turnaround," work will be done to make repairs and improvements to the equipment. During that time, the general public may notice additional flaring, different noises, and odors, which are all part of the process.
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Pictured: Old, orphaned oil well pump in farm field.
Pictured: A gasoline or diesel fuel canister and other chemical containers
A former Findlay company is getting bought out in a multibillion-dollar deal. ConocoPhillips is buying Marathon Oil in a deal valued at $22.5 billion, which includes $5.4 billion in debt. Marathon Oil is based out of Houston, Texas, and split off from Marathon Petroleum in Findlay in 2011, making them two separate companies. Marathon Oil deals with oil exploration and production, while Marathon Petroleum refines, markets, and transports petroleum products for consumers.
A petroleum gas leak from a rail car forced the closure of Elida Road Friday night. Before 7 pm., there was an odor of gas coming from a rail …
Locally, there are many stations that are under the two-dollar mark. Petroleum experts say the reason for the drop is because refineries are back to work after Hurricane Laura and this summer has been good at the pump. They say this has been the most stable and had the lowest gas prices between Memorial Day and Labor Day in 16 years. With refineries switching to the cheaper winter blend in the next couple of weeks, GasBuddy says the prices will continue to drop going into the fall.