Flint Hills Resources announced Tuesday that it will close its North Pole refinery, shuttering a major employer in the Fairbanks area and eliminating a local source of gasoline, jet fuel, heating fuel and other petroleum products. More »
Blue Dolphin, Valero Energy Corp., Kinder Morgan Inc. and others are trying to capitalize on the biggest boom in U.S. history by building new crude-processing equipment, reviving mothballed plants and opening new teapot refineries. More »
Federal chemical safety investigators are recommending tougher state and federal oil refinery oversight after a 2010 explosion and fire at a Tesoro Corp. refinery in Anacortes that killed seven workers. More »
Valero Energy Corp.’s fourth-quarter earnings rose 30 percent, boosted by last year’s spinoff of its retail stations. More »
Increased exports of refined petroleum products and improved U.S. crude price differentials drove Phillips 66′s profit up 17 percent in the fourth quarter, the company said Wednesday. More »
The U.S. Chemical Safety Board has delayed finalizing its investigative report into an April 2010 explosion that killed seven workers at the Tesoro refinery in Anacortes, prompting criticism from its own members and others. More »
Obama administration supporters are defending the White House’s decision to move on a slower track to limit refiners’ greenhouse gas emissions, while focusing on reining in the carbon dioxide coming from the nation’s power plants. More »
The U.S. Chemical Safety Board rejected a proposed overhaul of California’s refinery safety practices – recently touted by its chairman after the 2012 Chevron refinery fire in Richmond, Calif., – saying the overly ambitious plan would do little to immediately improve safety and needs further study. More »
Recently elevated to vice president at the American Petroleum Institute, John Modine oversees the trade group’s global industry services department. The unit focuses on promoting standards and best practices worldwide. More »
While refiners currently enjoy a discount on domestic crude — which is priced well below the international benchmark — that scenario could disappear with broad oil exports.
The pipeline is the southern leg of TransCanada’s proposed Keystone XL pipeline. More »
Berkshire Hathaway made a deal on Monday for Phillips 66’s flow improver business, which manufactures a chemical agent that breaks up debris and moves oil and gas through pipelines. More »
A group of doctors concerned about air pollution is asking Utah regulators to put a hold on a major oil refinery expansion. More »
BP has turned on a key new unit to process more Canadian oil sands crude at the company’s largest refinery in Indiana, the British oil giant announced Wednesday. More »
The blaze sent thousands of people to hospitals seeking medical attention.