Tag: refineries

Crude prices rising after inventories show a slower gain

Futures traders bid up the price of U.S. crude after a government report showed a smaller-than-expected gain in inventories.  More »

Texas leads nation in exports, thanks to petrochemicals and gasoline

About a fifth of Texas’ $289 billion in exported goods last year were petroleum and coal products — about $59.1 billion worth — according to a new government report.  More »

Oil markets, strong production lead US gas prices lower

Los Angeles had the most expensive gas among cities surveyed in the Lower 48 states at $3.29. Charleston, South Carolina, had the cheapest at $2.11.  More »

Striking Motiva workers approve contract

Employees could go back to work as soon as Monday, said Garrett Ozment, a union representative and machinist at the refinery, which is the nation’s largest.  More »

Workers in refinery strike still off the job

Local issues must be worked out and a contract ratified at each facility before employees return to work.  More »

Out of Keystone debate’s glare, pipelines going in nationwide

While the Keystone project awaits a final decision, lesser-known developments have quietly added more than 11,600 miles of pipeline to the nation’s domestic oil network.  More »

Union, Shell in longest stretch of contract talks yet

The dispute started with nine facilities but has since expanded to 15 refineries and chemical plants nationwide.  More »

Fitch: Prolonged refinery strike could affect gasoline supplies

Though the ongoing United Steelworkers strike hasn’t had much impact on the market for refined products yet, it could if the strike continues for much longer, according to a new report by Fitch Ratings.  More »

Steelworkers rally at Shell HQ as talks set to resume Wednesday

The marchers started at City Hall and went on to various buildings of oil companies they are battling with over labor contracts.  More »

Crude exports in spotlight as House leaders urge slow approach

House Energy and Commerce Committee leaders took pains to stress they will move carefully as they consider whether to loosen the nation’s 40-year-old ban on crude exports.  More »

Steelworkers’ local reminds strikebreakers of their union oath

The local union reminded its members about the initiation oath they took that included a promise to abide by the laws of the union, including, “I will cease work when authorized and approved by the organization to do so.”  More »

‘Disappointed’ in union, Shell says it is hiring relief workers

As the strike enters its second month, Shell has been training “relief employees” to operate its Deer Park refinery as well as its Norco chemical plant in Louisiana, according to a letter to employees from Aamir Farid, manufacturing vice president, Americas.  More »

No new talks set between Shell, Steelworkers

In a negotiations update Sunday, Steelworkers officials countered that oil industry negotiators refuse to address “well-documented and widespread safety deficiencies,” and “reject our efforts to reduce excessive overtime.”  More »

Fitch: Refinery strikes could send gasoline up if they extend into driving season

In a report released Wednesday, Fitch said the strikes haven’t moved markets for refined products like gasoline, diesel and jet fuel so far, largely because inventories haven’t declined much amid a mild winter and refinery maintenance season in January and February.  More »

Refinery strikes unlikely to move gasoline, oil prices

Steelworker strikes that began Sunday at seven U.S. oil refineries and two chemical plants have a slim chance of pumping up gasoline or crude prices dramatically in the near future, analysts say.  More »
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