Category: Refining

Report: Little progress in refinery safety since deadly Texas City explosion

Federal investigators on Monday called for an overhaul of the way oil refineries are regulated in California and across the nation, saying the smoky fire at Chevron’s Richmond refinery last year exposed weaknesses in systems that do not force companies to demonstrate they are operating as safely as possible.  More »

Chevron ignored warnings before refinery fire, safety report says

The fire at Chevron Corp.’s refinery in Richmond, California, last year that sickened thousands was caused by the company ignoring a decade’s worth of calls for inspections and upgrades of piping that eventually corroded and failed, a federal safety report said today.  More »

Ethanol use to hit record as corn prices slump, feds project

Corn prices have fallen 40 percent in 2013, a drop that inspired refineries to blend a record amount of ethanol into gasoline in August.  More »

Crude from Colorado rides train to new railport

A trainload of crude Colorado arrived last week at a new railport in Orange County.  More »

OSHA cites Houston manufacturer after worker struck by machine part

The agency has proposed penalties totaling $199,800 for four repeat and three serious violations, according to OSHA.  More »

Valero Energy Partners shares soar in trading debut

Valero Energy Partners, a master limited partnership, was formed in July by refiner Valero Energy Corp. to own pipelines and other logistics assets.  More »

Exports of diesel, heating oil jump 30%

U.S. exports of diesel and other distillate fuels reached a monthly record in July as global demand for fuel grows, according to new federal data.  More »

Phillips 66 plans 40 percent hike in annual spending

Phillips 66 said Friday it is planning to spend $2.7 billion next year to expand its midstream and chemicals businesses, as its once most lucrative business – petrochemical refining – has fallen on hard times.  More »

Phillips 66 raises share buyback program to $5 billion

Phillips 66 will be buy back $2 billion more in shares.  More »

Airline joins battle over biofuels

A refinery owned by Delta Air Lines has joined the battle against a government mandate to blend renewables into fuel supplies.  More »

North Dakota tribe looks at expanded energy development

The Three Affiliated Tribes is considering expanding a planned oil refinery on the Fort Berthold Reservation before it is even built, and also building a natural gas plant.  More »

Phillips 66 breaks ground on new Houston headquarters

Check out photos from the groundbreaking of Phillips 66′s new Houston headquarters, a 14-acre site in the Westchase district.  More »