Category: Refining

Shale oil will help refiners, if they can get it

A new report says shale oil and gas production will give refineries in the United States unprecedented opportunity and advantages over those in other parts of the world. But getting it to the refineries remains a challenge.  More »

Fire at Exxon Mobil’s Baytown complex

Exxon Mobil’s emergency teams battled a fire at its Baytown complex, a spokeswoman said.  More »

S. Dakota court asked to throw out oil refinery permit

An attorney for groups fighting the Hyperion Energy Center said a state board erred when it approved an air quality permit last year.  More »

Chevron sues over Richmond refinery property taxes

Chevron Corp. is challenging a Contra Costa County property assessment of its Richmond refinery that found it had been undervalued by up to $27 million.  More »

Record gasoline prices: a glimpse of the future?

The prices were seeing this year may seem high now, but in a few years, the might look cheap.  More »

Icahn’s CVR to form master limited partnership

CVR has more than doubled in value this year.  More »

The impact of power outages at refineries can be significant

Power failures at chemical plants can lead to toxic releases.  More »

Oklahoma refinery blast probe could take months

A spokeswoman for the U.S. Department of Labor says determining the cause of an explosion at an Oklahoma refinery that killed one worker and critically injured another could take months.  More »

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 »