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Tesoro to pay $1.1 million to resolve Clean Air violations

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San Antonio-based refiner Tesoro Corp. has agreed to pay $1.1 million to resolve claims that it failed to comply with Clean Air Act requirements at four refineries, the U.S. Environmental Protection Agency said Thursday.
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Andrew Lipow (Lipow Oil Associates), Jeffrey Mower (Platts) and Kurt Barrow (IHS Consulting) participate in  a Platts panel on North American Refined Products. (Emily Pickrell/Houston Chronicle)

Renewable fuel standards distort markets, critics say

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Renewable fuel standards are distorting the market for ethanol and other biofuels, panelists said at a conference on refining.
Categories: Biofuels, General, Refining
A Petrohawk Energy Co. drilling site at the Eagle Ford Shale in McMullen County. (Jake Lacey)

Texas company planning Eagle Ford refinery

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A North Texas company said Monday it plans to build a 10,000-barrel-a-day refinery in La Salle County in the booming Eagle Ford Shale and sell its fuels in the area. And the company has plans to build “several” more plants in the region.
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Tesoro’s purchase of BP Carson refinery on track

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Tesoro Corp. is on track to become California’s largest refiner, with the company saying Friday that the Federal Trade Commission cleared the way for its planned acquisition of BP’s refinery in Carson, Calif.
Exxon Mobil's Baytown chemical facility (Exxon Mobil)

Strike called off after Exxon makes safety changes

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Exxon Mobil Corp. has averted a strike at its Baytown refinery, one of the world’s largest sources of gasoline and diesel fuels, after a union there ratified a new agreement with the oil giant.
A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

Ground broken for oil refinery on ND reservation

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The Three Affiliated Tribes have broken ground for a $450 million oil refinery on the Fort Berthold Indian Reservation in northwestern North Dakota
Categories: Refining
Greg Garland is chairman and CEO of Phillips 66. (Phillips 66 photo)

Phillips 66 CEO: ‘By all metrics, we feel very good’

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Phillips 66 CEO Greg Garland said he doesn’t expect the Keystone XL pipeline to gain U.S. approval this year and suggested regulators will need to “fix” requirements governing the blending of biofuels into gasoline. But Garland said neither of those issues are of serious concern to Phillips 66, which held its first shareholders meeting Wednesday.
Exxon Mobil's refinery along the Ship Channel in Baytown (Houston Chronicle file photo)

Exxon Mobil makes deal to avert refinery strike

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Exxon Mobil Corp. appears to have averted a strike at one of the nation’s largest sources of gasoline and other petroleum products after reaching a tentative agreement with a union there.
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Valero might form an MLP

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Just a day before Valero Energy Corp. was set to spin off its retail division, the company said Tuesday it may execute another separation by forming a master limited partnership.
Categories: Refining
(AP file photo/Sue Ogrocki)

Refining margins push Valero profits

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Valero reported net income attributable to Valero stockholders of $654 million, or $1.18 a share, for the period ended March 31. That compares with a net loss of $432 million, or 78 cents a share, for the first quarter of 2012.