Category: Refining

Tesoro California refinery swap proposed

esoro proposed selling its 97,000 barrel-a-day Wilmington refinery to overcome any government antitrust opposition to the acquisition, according to a company filing. Adding BP’s 266,000 barrel-a-day Carson refinery would double Tesoro’s California market share, making it the state’s largest crude processor with control of 25 percent of refining capacity, according to data compiled by Bloomberg.  More »

Tax break meant to spur new refinery construction

A tax break for oil that’s processed in North Dakota would help make new refineries profitable and would pay for itself though increased economic growth, a developer told state lawmakers.  More »

Steffy: BP refinery sale offers a chance to move on

With the new owner comes the hope that the future may finally eclipse the past.  More »

Calif. gas prices hit record high 2nd straight day

California motorists faced another day of record-breaking gasoline prices Sunday, though relief appeared to be on the way.  More »

Motiva may restart Port Arthur unit in December

The restart has been accelerated because of steady progress in the repairs, sources say.  More »

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 »