Federal officials say a Louisiana refinery owned by well-known Houston oil men Oscar Wyatt and David Chalmers violated federal anti-pollution laws and obstructed justice during an investigation.
ConocoPhillips CEO James Mulva announced today that its refining spin-off will absorb more than 30 percent of the corporation’s assets and debt. More »
With demand for gasoline declining as drivers cut back, domestic refiners may get new life from an old product – diesel. More »
Sunoco Inc. said today it’s getting out of the refining business. More »
Big industry may be coming back to the northeast United States. Shell Oil Co. is nearing a decision on where in the Appalachians to build a huge new petrochemical refinery — a project that could bring thousands of construction and production jobs and change the face of the region for decades.
Today’s decision of the Obama administration to withdraw new ozone rules is illegal, immoral, and costly to boot. The Clean Air Act requires the EPA to revisit its National Ambient Air Quality Standards (NAAQS) every five years to ensure that they are adequate to protect the public health and safety. In 2006, the Bush Administration […] More »
A new bacterial strain discovered by Tulane University researchers seems to be effective in turning cellulose — including old newspapers — into butanol, a gasoline substitute. More »
Clyde Meltzer and Bernard Langley are scheduled to go to trial this November for their roles in an alleged oil shipments kickback scheme. A filing from the federal government hints that a plea deal may be in the works for the two men, however. More »
East Coast refineries are likely to close in advance of Hurricane Irene’s arrival this weekend, analysts say. The shutdowns are already boosting gasoline prices. More »
Brief power outages in Texas City have led to flaring at area refineries. Shelter-in-place warnings are not in effect at this time, according to a public notice. More »
San Antonio-based refiner Valero Energy Corp. launched a restart of one of two crude distillation units Thursday at its Memphis, Tenn., refinery, the company said. More »
Under the plan, the U.S. Departments of Agriculture, Energy and Navy will partner with private industry to jointly contruct or retrofit existing biofuel plants and refineries, with the goal accelerating output of renewable jet and diesel fuels, the White House said.
Dow Chemical Co. spent a decade moving chemical production to the Middle East and Asia. Now it’s leading the biggest expansion ever seen back home in the U.S. as shale gas revives the industry’s economics. More »
Sen. John Hoeven says the Environmental Protection Agency has approved a key permit for a proposed oil refinery on the Fort Berthold Indian Reservation. More »
Fresh from spinning off its refining arm, newly independent exploration and production company Marathon Oil Corp. may consider divesting additional assets as it pursues aggressive growth plans in coming years, CEO Clarence Cazalot said Tuesday. More »