Happy Thursday! Yes, by accident we had yesterday’s Blog as Thursday; we corrected it. I guess you could say we are ready for the weekend or just for the day to end!
It seems there
has been lots of mumbling on the U.S. need more refining capacity, and especially for light crude. Well, someone heard and it looks like some is
coming to a Gulf Coast refinery. Let’s
dig in.
Did anyone
happen to read the Oil & Gas Journal’s OGJ Daily Update Newsletter on
September 4, 2026, their article titled, “Citgo approves new processing unit
for Lake Charles refinery”? The article
goes on to speak on Citgo Petroleum Corp. verified earlier this week they have
made a final investment decision (FID) on adding to their Lake Charles refinery
at an investment of $310 million. The
project is called Lake Charles Refinery depentanizer project (LCRDP), and the
unit is expected to help them improve their naphtha processes to use in premium
gasoline blends with a completion date of 2029.
This investment is to help extend the life of octogenarian refinery who has had some improvements over the last five years to increase processing. We will let you know, if we hear anything
else on the any other refineries making improvements. If you would like to read more of the Oil
& Gas Journal’s article, please click the link: Citgo
approves new processing unit for Lake Charles refinery | Oil & Gas Journal.
Our team has
experience in developing hydrocarbon storage facilities as well as helping you
transport your hydrocarbons, so if you too would like to get a project going,
we’re here to help! Don’t forget to
check out our ESC website or
contact us via the email in the Blog!
We hope you have a wonderful evening and a productive week!
**Disclaimer: You may be charged a fee to read The Oil
and Gas Journal’s article. **