Category: Refining

Oil industry labor shortage affecting safety, report says

Nearly one third of those surveyed cited the skills shortage as the biggest threat to the sector, while a lack of skilled trainers was identified as a major training issue by more than 20 percent of participants.  More »

Tactics divide agencies in Chevron probe

A grand jury probe targeting Chevron in last year’s Richmond refinery fire has created a rift between the federal agency investigating the incident and environmental regulators seeking possible criminal charges against the oil giant  More »

Valero considering more heavy Canadian crude for refining

On Thursday, Valero President Joe Gorder said the company is considering shipping by rail 30,000 barrels a day of heavy sour Canadian crude to its 135,000-barrel-a-day Wilmington plant.  More »

Valero refinery revived on Eagle Ford crude

Valero Energy Corp.’s refinery in Three Rivers was headed for mothballs a few years ago. Now that it sits in the middle of the Eagle Ford Shale, it’s called a “crown jewel.”  More »

Motiva Port Arthur Refinery running at full capacity

The expanded Motiva Port Arthur Refinery has reached its full operating capacity of 600,000 barrels of crude processing nearly eight months after a new unit suffered internal damage, causing a major disruption in the $10 billion expansion project.  More »

Chavez death unlikely to affect U.S. refiners in short-term

Venezuelan President Hugo Chavez’ death isn’t expected to have a short-term impact on Gulf Coast refiners, but if there is a policy shift under his successor increased production could be a welcome benefit, analysts say.  More »

Tesoro’s CEO touts clarity of purpose

Going to work as an elementary-school kid can be a good thing, teaching lessons a child can take into the workplace — a big-time workplace.  More »

Hess agrees to replace some directors amid investor pressure

Investors led by Elliott Associates have accused chief executive John Hess of stacking the board with cronies, some of whom had served as directors for almost three decades.  More »

Hess to shed businesses after shareholder Elliott’s demands

Hess Corp., the New York oil company targeted by Paul Singer’s Elliott Management Corp., plans to name six new board members, exit the energy trading and marketing businesses and sell its gasoline stations as it transforms to an exploration and production company.  More »

Petrobras in talks with Sinopec to develop Brazil refineries

Petroleo Brasileiro SA (PETR4), the world’s most indebted publicly traded oil company, is in talks with China Petroleum & Chemical Corp. (600028) to build a refinery in Brazil to meet growing domestic demand, Brazil’s energy minister said.  More »

Canadian crude rolling into Gulf Coast refineries

A competitor pipeline to Keystone XL already is funneling oil sands crude to Texas refineries at a rate of 100,000 barrels per day, despite environmentalists’ attempts to block the southward flow of the Canadian oil.  More »

Refinery troubles push gas price to February record

U.S. consumers facing the highest gasoline pump prices ever for February may see further increases as global crude oil futures climb and down refineries reduce fuel supplies.  More »

Steffy: Loophole lets companies punt on part of tax bills

In what may be the biggest mismatch since Bambi battled Godzilla, schoolchildren in Texas City were pitted against one of the country’s biggest refiners. Not surprisingly, the schoolchildren lost – again.  More »

Airgas announces plans for new carbon dioxide plant

Airgas Inc. will build a 450-ton-per-day liquid carbon dioxide plant in the Houston area to replace a plant at the Shell Deer Park refinery complex that is expected to close later this year.  More »

Report: Chevron should have replaced leaky pipe

Government investigators have found that a decades-old pipe that leaked and caused a massive fire at a Chevron refinery in California was corroded, and the company knew it should have been replaced.  More »