Category: Refining

Environmental, health groups push for tighter car emission standards

Environmental and health groups pushed the Environmental Protection Agency to move forward with a rule expected later this year to tighten vehicle tailpipe standards for smog-forming emissions. The groups claim the proposal would add less than 1 cent to the per-gallon price of gasoline.  More »

Refining town sees energy education as key to fighting own poverty

By Jeannie Kever, Houston Chronicle Like a lot of people growing up in Baytown and the other blue-collar towns east of Houston, Wade Williams never thought about college. Why would he? For an earlier generation, the refineries and petrochemical plants along the Houston Ship Channel had provided anyone with a high school diploma – sometimes not […]  More »

Valero’s stock not showing signs a bid is imminent

Valero’s shares were up in a rising market, but should have jumped more if Reliance Industries of India is set to make a bid for the company, one expert said.  More »

Book: Cheapest places to retire include Houston-area refinery towns

Some of the area’s refining cities are touted as inexpensive places to retire in a new book.  More »

Shell says profits doubled due to higher oil prices

Net income increased to $7 billion from $3.5 billion a year earlier thanks to higher oil prices, although overall production fell 2 percent.  More »

Investors look ahead to ConocoPhillips split

Net income dropped, but analysts and investors have their eyes on ConocoPhillips’ upcoming refining/E&P split.  More »

Indian refining giant to bid for Valero, British newspaper says

An energy and manufacturing conglomerate based in India is set to make a bid for San Antonio refiner Valero Energy Corp., a British newspaper reported Wednesday.  More »

Net income falls at ConocoPhillips due to asset sales, production drop

The Houston company had third-quarter net income of $2.6 billion compared to $3.1 billion a year ago. Including one-time charges and gains the numbers were $3.5 billion this year and $2.2 billion a year ago.  More »

TransCanada: We contribute to Houston’s economy

TransCanada, seeking approval for its Keystone XL pipeline, highlighted its contributions to the area Houston economy at a weekend event.  More »

Houston refiner pleads guilty to environmental crimes *update*

A kiddie pool, a flare gun from Walmart and bypassed emissions controls were all part of normal operations at a Lake Charles, La. refinery owned by Houston-based Pelican Refining, according to the EPA. The company has agreed to pay a $12 million fine for environmental regulations and lying to investigators.  More »

Cybercrime becomes bigger threat to energy industry than terrorists

In the past energy industry security was all about terrorist threats to facilities and overseas kidnappings. These days cyber espionage is the bigger problem.  More »

Groups sue Obama for scrapping stricter smog limit

Environmental groups sued the Obama administration today for scrapping a stricter limit for smog-forming pollution, saying the decision violated the law and put politics ahead of protecting public health.  More »