Category: Refining

The Fifth Circuit Gets it Wrong in overturning the EPA’s rejection of Texas small source review limits

Two weeks ago the Fifth Circuit released its opinion in Luminant v. EPA, (5th Cir. No. 10-60891, filed March 26, 2012) finding that the EPA’s decision to disapprove Texas Administrative Code 116.617 governing standard permits for pollution control equipment that “reduce or maintain currently authorized emission rates for facilities authorized by permit” was arbitrary and […]  More »

Delta said to seek fuel savings with ConocoPhillips refinery

Delta Air Lines Inc. (DAL), whose daily 2011 fuel bill was $32 million, may buy a ConocoPhillips (COP) refinery to help save 10 percent on a significant portion of its fuel needs, a person familiar with the matter said.  More »

North Pole Refinery to cut back on capacity

Operators of the North Pole refinery say they are taking steps to idle their No. 1 crude oil refining unit, which will mean the loss of 35 to 40 jobs over five months.  More »

Phillips 66 looks to pipes to blunt refining volatility

Phillips 66 will debut next month as the world’s largest independent refiner by market value. In the future, it may look more like a pipeline and chemical business.  More »

USW, Tesoro still discussing pact in N.D.

United Steelworkers members at Tesoro Corp.’s refinery in Mandan, N.D., voted Wednesday to authorize a strike over Tesoro’s cuts to benefits, a union leader said.  More »

Marathon to pay emissions penalty, upgrade refinery equipment

Marathon Petroleum Company plans to add new air state-of-the-art pollution controls to several of its refineries, allowing it to simultaneously pioneer new combustion control equipment and resolve alleged violations of the Clean Air Act.  More »

Tax ruling surprises Chevron, Contra Costa County

Chevron Corp. faces a higher property tax bill for its Richmond oil refinery after an appeals panel on Monday decided that the plant is worth more than either the company or Contra Costa County claimed.  More »

Obama officials rip into GOP gasoline bills

Obama administration officials ripped into GOP proposals to tie Strategic Petroleum Reserve releases to increases in federal oil and gas land leases and require additional analyses of the economic impacts of several oil- and gasoline-related environmental regulations.  More »

EPA low-sulfur rule could hike cost of making fuel, industry says

Looming Environmental Protection Agency rules to cut sulfur content of gasoline by two-thirds could add 6 to 9 cents per gallon to the cost of manufacturing fuel in most markets, the American Petroleum Institute said.  More »

Financial woes fuel busy year for refining deals

The value of mergers, acquisitions and other deals involving refining assets surged 50 percent to $6 billion in 2011, fueled by industry’s financial troubles, according to an IHS Herold report.  More »

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 »