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Valero may look to shed California refineries

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In last year’s third quarter conference call with analysts, Valero Chairman, President and CEO Bill Klesse said, “We’re looking at our options,” regarding the California refineries, but didn’t elaborate on what those options might be.
Categories: General, Refining
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2nd worker in Oklahoma refinery explosion dies

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CVR officials have said the explosion occurred as the boiler was being restarted following scheduled maintenance and upkeep, which resumed the following day.
Categories: General, Refining
The Cushing, Okla., pipeline hub.

Shale bounty presents transportation challenge

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The U.S. needs billions of dollars in new infrastructure to process and transport the bounty from the Eagle Ford shale and other unconventional oil plays.
Stop! Send the oil to Canada instead. . .

With a dearth of pipelines, U.S. oil exports rising

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Instead of protesting fossil fuels, what the tree-sitters in East Texas are doing is ensuring that drilling in the U.S. will continue, but the economic benefits from it will be sent somewhere else.
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Tesoro California refinery swap proposed

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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.
Categories: General, Refining
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A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

Tax break meant to spur new refinery construction

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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.
Categories: Refining
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Steffy: BP refinery sale offers a chance to move on

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With the new owner comes the hope that the future may finally eclipse the past.
Categories: Accidents, Refining
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Calif. gas prices hit record high 2nd straight day

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California motorists faced another day of record-breaking gasoline prices Sunday, though relief appeared to be on the way.
The Motiva Port Arthur refinery. (PRNewsFoto/Motiva Enterprises LLC)

Motiva may restart Port Arthur unit in December

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The restart has been accelerated because of steady progress in the repairs, sources say.
Categories: Refining
A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

Shale oil will help refiners, if they can get it

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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.
Categories: Refining, Shale