(Eddie Seal/Bloomberg)

Teapots boiling in Texas as shale spurs refining revival

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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.
A Tesoro Corp. refinery, including a gas flare that is part normal plant operations, is shown Friday, April 2, 2010, in Anacortes, Wash. (AP file photo/Ted S. Warren)

Investigators call for more refinery oversight after Tesoro blast

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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.
(AP file photo/Sue Ogrocki)

Valero’s fourth-quarter earnings jump

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Valero Energy Corp.’s fourth-quarter earnings rose 30 percent, boosted by last year’s spinoff of its retail stations.
(AP Photo/Lisa Poole, File)

Phillips 66 income rises on increased exports

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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.
A Tesoro Corp. refinery, including a gas flare that is part normal plant operations, is shown Friday, April 2, 2010, in Anacortes, Wash. (AP file photo/Ted S. Warren)

Investigators delay finalizing report on fatal Tesoro refinery blast

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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.
A Phillips 66 refinery. (Phillips 66)

Obama supporters defend go-slow approach on refiners

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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.
Smoke and flames billow from a crude oil unit at the Chevron refinery in Richmond, Calif., Monday, Aug. 6, 2012. (AP Photo/ContraCosta Times, D. Ross Cameron )

U.S. safety board rejects overhaul of Calif. refineries

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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.
John Modine of the American Petroleum Institute. (photo: API)

Q&A: The world comes calling for U.S. experience

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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.
The Valero Three Rivers Refinery in Three Rivers, Texas between San Antonio and Corpus Christi refines a lot of oil from the Eagle Ford shale. (Photo: John Davenport, San Antonio Express-News)

Refiners plot against oil exports

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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.
(Cody Duty / Houston Chronicle)

Pipeline from Oklahoma to start shipping Jan. 22

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The pipeline is the southern leg of TransCanada’s proposed Keystone XL pipeline.