MOTIVA053112_18

Motiva’s Port Arthur refinery had small fire

on
A small fire and pipe leak occurred at the Motiva Enterprises Port Arthur refinery late Tuesday at its new and under-repair crude distillation unit.

(AP file photo/Bob Bird)

Dow Chemical seeks U.S. permit for biggest ethylene plant

on
Dow Chemical Co. (DOW), the largest U.S. chemical maker by sales, applied for a federal permit to build the company’s biggest ethylene plant as cheap natural gas gives manufacturers a cost advantage.
Categories: Chemicals, Refining
(Photo: Fotolia)

North America will be energy independent, refining expert says

on
Hart Energy refining expert Terry Higgins says rapid growth of tight oil production in the U.S. will lead North America to petroleum independence within the decade, causing global oil prices to drop.
Marathon Oil's corporate headquarters in Houston.  (AP file photo/Pat Sullivan)

Marathon Oil making big Eagle Ford push in 2013

on
Marathon Oil Corp. plans to make a big push in its Eagle Ford shale play next year with more than a third of its $5.2 billion capital budget for 2013 devoted to the South Texas operation.

California cap & trade an Enron redux?

on
California is once again preparing to meddle in manipulated markets, adopting a structure disturbingly similar to Enron’s former playground in electricity.
Garland-Deloitte_edit.jpg

Refining chiefs expect more regulations under Obama

on
CEOs of Phillips 66 and Marathon Oil company said the reelection of Pres. Barack Obama means a wave of new regulations on their industry, during an energy conference Tuesday.
Baker Hughes Chairman Chad Deaton will retire in April (AP file photo/David J. Phillip)

Baker Hughes chairman says U.S. will face shale gas competition

on
The energy industry must educate the public and its elected officials about the benefits of technologies driving the natural gas shale boom, Baker Hughes’ chairman says.
The Motiva refinery in Port Arthur, Texas.

Repairs wrapping up at Motiva’s Port Arthur Refinery

on
By the end of this month, Motiva’s chief executive, Bob Pease, hopes to have all repairs made and the new crude unit fully functional by spring – almost a year after the unit was commissioned.
(Photo: NuStar Energy)

NuStar to sell S.A. refinery, buy Eagle Ford pipelines

on
NuStar Energy LP said it will boost its investment in the Eagle Ford Shale and sell its San Antonio refinery as part of a plan to focus on more stable operations.
(Lisa Poole / AP2009)

Phillips 66 profits surge 52 percent

on
Larger profit margins in the refining business boosted third quarter earnings for Phillips 66, which banked $1.6 billion in net income during the period.