Category: Refining

Report: Phillips 66 to build new headquarters inside Beltway 8

The independent refiner set to spin off from ConocoPhillips this year will build a new office within the Sam Houston Parkway, according to a local real estate blog.  More »

Valero to shutter Aruba refinery

Valero Energy Corp. is closing its refinery in Aruba and may turn it into a terminal and storage operation.  More »

Shell selects Pennsylvania for new refinery

Shell has chosen a site near Pittsburgh for a major new refinery that would convert natural gas liquids into chemicals used in many products, but actual construction is years away.  More »

Tesoro CEO optimistic about union negotiations

Tesoro Corp. CEO Greg Goff said Tuesday he’s “comfortable” believing his company can reach an agreement with the United Steelworkers on contract negotiations that affect five of Tesoro’s seven refineries.  More »

Industry group challenges cellulosic biofuel quota

The American Petroleum Institute filed a legal challenge to a U.S. cellulosic biofuel mandate on Monday, alleging a “complete commercial supply” doesn’t exist for fuel makers to meet the program’s minimum quota for 2012.  More »

Northeast oil refineries strapped by regulation, group says

U.S. Northeast refineries are in an “economic and regulatory vice,” according to the American Fuel & Petrochemical Manufacturers.  More »

Interesting Arguments in DC Circuit on EPA Greenhouse Gas Rulemaking

Oral argument was held last week in the complex challenge to the EPA’s greenhouse gas regulations for major stationary sources. Judges Tatel, Sentelle and Rogers of the DC Circuit showed a good grasp of the issues according to observers. Despite the intense interest in the case, it seems unlikely, however, that the outcome will be […]  More »

Conoco refinery spinoff leads $7.7 billion in energy bond sales

Phillips 66, the refining business that’s being spun off by ConocoPhillips (COP), led energy companies selling $7.7 billion of bonds today.  More »

Shale may spur $30 billion of chemical plants

Chevron Phillips Chemical Co. said its industry may spend $30 billion to build U.S. factories that convert natural gas into plastics because shale gas has made American production the cheapest outside the Middle East.  More »

Ohio oil refinery, state settle air pollution case

A Columbus oil recycling company accused of exceeding air pollution limits has reached a settlement with the state to resolve the case.  More »

Steffy: BP settlement may raise questions for victims’ families

Business columnist Loren Steffy talks with Katherine Rodriquez, whose father died at BP’s Texas City refinery, about a tentative settlement over the Deepwater Horizon case.  More »

Billionaire considers bid for Pa. Sunoco refinery

The billionaire owner of an oil refinery in western Pennsylvania said he is mulling whether to bid on Sunoco’s refinery in South Philadelphia.  More »

EPA says no climate rules for refineries in 2012

The Environmental Protection Agency probably won’t finalize rules setting the first-ever U.S. standards on greenhouse-gas emissions for oil refineries until early 2013, an agency spokeswoman said.  More »

Refinery closure would send gasoline prices even higher, EIA says

The federal Energy Information Administration said the closure of several refineries that supply fuel the Northeast could cause a shortage and more volatile gasoline prices.  More »

Report: Closing Pa. refinery could spike gas costs

Federal energy officials say the potential closure of a Philadelphia refinery could lead to gas price spikes in some parts of the northeastern United States.  More »
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