Category: Refining

Work resumes at Okla. refinery after deadly blast

An oil refinery employee remained in critical condition Sunday at an Oklahoma City hospital as work resumed at the facility where an explosion earlier in the weekend left him injured and another worker dead.  More »

Work resumes at Okla. refinery after deadly blast

The CEO of CVR Energy, which owns the refinery in Wynnewood, said in a statement Sunday that the Sugar Land, Texas, company is working with the federal Occupational Safety and Health Administration and state agencies that are trying to determine what caused the explosion.  More »

Lawmakers call for hearing on refinery fires

In the wake of a massive fire at Chevron’s Richmond refinery, two lawmakers are calling for a state hearing to explore government efforts to prevent future blazes.  More »

BP’s Texas refinery sale shows volatile industry’s decay

BP Plc (BP/) may get less than half the $2.85 billion it planned for selling its Texas City refinery, the third-largest in the U.S., as values for U.S. plants haven’t kept pace with soaring profits.  More »

Fire at Venezuela refinery, lightning blamed

A fire that broke out at a Venezuelan oil refinery was apparently caused by a lightning strike, the country’s top oil official said Thursday.  More »

Phillips 66 CEO says exports will ease U.S. refining challenges

Despite growing focus on using exports of refined fuels to boost sales, CEO Greg Garland said Phillips 66′s future growth will be based in chemicals and natural gas processing.  More »

Analysis: Long-term renewable fuel waiver needed to bring down corn prices

Five state governors have asked federal regulators to relax the renewable fuel standards, but according to a new analysis, the short-term relief they are seeking won’t sufficiently lower corn demand and prices amid a drought that has devastated crops in the Midwest.  More »

PDVSA to restart catalytic cracker at Amuay Refinery today

Petroleos de Venezuela SA will restart the catalytic cracker at the Amuay refinery today after an explosion Aug. 25 halted operations at the country’s largest plant, said Rafael Ramirez, president of the state company.  More »

Excessive pollution reported at Baytown refinery

Exxon Mobil has reported inadvertent emissions of large amounts of pollutants at its flagship refinery near Houston.  More »

Phillips 66 to build global headquarters in West Houston

The new refining giant, which split from ConocoPhillips in May, will build its global headquarters in the Westchase District.  More »

Refinery closures won’t boost oil processing margins, OPEC says

The permanent closure of refineries, mainly in Europe and the U.S., is unlikely to boost profits from processing crude into fuels as capacity is added in other regions, according to the Organization of Petroleum Exporting Countries.  More »

Gulf Coast refineries look seaward for sales

When operators of Alliance refinery began efforts to shed the Louisiana facility in December, it became the latest in a string of U.S. refineries put on the block.  More »