The group’s founding members are all independent refiners: Dallas-based Alon USA Energy Inc.; Parsipanny, N.J.,-based PBF Energy, Delta Air Lines subsidiary Monroe Energy, based in Trainer, Pa.; and Philadelphia Energy Services.
Two contractors doing maintenance work at a Tesoro Corp.’s refinery in California suffered burns Monday when they were splashed with sulfuric acid, an accident that occurred in the same processing unit where two employees were burned by acid last month, officials said.
Nearly two years after a legal deadline to impose new greenhouse gas limits for oil refineries, those rules are far from reality, Environmental Protection Agency Administrator Gina McCarthy signaled Thursday. More »
growing need for transportation fuels in developing countries will stave off a peak in global oil demand over the next decade, despite shrinking oil use in the U.S. and other mature markets, panelists said Tuesday. More »
Valero Energy Corp. announced Monday that Bill Klesse, 67, has chosen to step down as CEO effective May 1. Klesse will remain a director and chairman of the board of Valero, the world’s largest independent refiner More »
2014 thus far has been more turbulent than usual for the US crude complex, as wickedly wintry weather has shaken up both supply and demand for the products like a snow globe (probably a bad turn of phrase). Just as gasoline demand has hit the brakes and heating oil demand has been simmering, the jet […] More »
The value of net refined fuel exports from the U.S. increased 55 percent in 2013 over the prior year, reaching $33 billion, according to the U.S. Energy Information Administration. More »
In an unprecedented challenge, Tesoro Corp. has barred federal authorities from going inside its refinery near Martinez to investigate an incident in which two workers were burned by acid spewing from a broken pipe, The Chronicle has learned. More »
Gov. Sean Parnell said critics of his administration’s actions in a North Pole oil refinery’s impending closure don’t see behind-the-scenes work that could keep the refinery operating. More »
Phillips 66 is no longer betting its future on the massive refining business that made it the second-largest energy company in the world. Instead, it’s using refining, once its most profitable arm, as a cash cow to transform itself into a business that primarily operates energy transportation, storage and processing infrastructure. More »
As record oil and gas output floods the country with cheap and abundant energy and brings the U.S. closer to energy independence, the bulk of the fuels get squeezed through Houston, the country’s largest export gateway and the core of its biggest refining region. More »
AAA offered good news and bad news for motorists in a new fuel price forecast released Thursday. The bad: drivers will likely start paying more for gasoline soon, as refiners prepare for annual spring maintenance. The good: gas prices will probably be slightly lower this year than they were in 2013. More »