Tag: refinery

Tesoro reports slight drop in earnings

The company’s net income fell to $224 million, or $1.70 a share, compared with $227 million, or $1.64 a share, for the second quarter of 2013.  More »

Chevron gets approval for $1 Billion Calif. refinery project

Chevron must meet several conditions imposed by the Richmond planning commission while installing a new hydrogen plant at its complex, including limits on sulfur processing and emissions.  More »

Texas refiner sues Utah county over pipeline rules

Tesoro Corp. wants to build a 135-mile pipeline to carry crude oil from the Uinta Basin to Salt Lake City refineries.  More »

Trains keep rolling from Permian Basin

Trains will roll all month out of the Permian Basin, the largest onshore U.S. oil field, as production outpaces pipeline capacity and a refinery outage saps demand.  More »

Iraq militants launch fresh raid on oil refinery

Sunni militants launched a dawn raid Wednesday on a key Iraqi oil refinery they have been trying to take for days but were repelled by security forces, a commander on the scene said.  More »

Oil prices end week with a slight gain

A battle for control of Iraq’s biggest refinery remained undecided.  More »

Militants fly their black flags over Iraq refinery

Sunni militants hung their black banners on watchtowers at Iraq’s largest oil refinery, a witness said Thursday, suggesting insurgents have ever-increasing stranglehold on the vital facility.  More »

Brazil energy giant buys $1.2B of pain in Texas

At least four federal investigations in Brazil are currently looking into Petrobras’ purchase of a Texas refinery and the decisions of officials including President Dilma Rousseff, the Petrobras chairman at the time of the purchase.  More »

Insurgents capture largest Iraq oil refinery

Abhishek Deshpande, oil markets analyst at Natixis, discusses the capture of Iraq’s largest oil refinery by ISIL insurgents and how it impacts oil production in Iraq and the global oil market.  More »

Shell considers retiring California coker amid shale boom

Royal Dutch Shell Plc, Europe’s biggest oil company, is considering retiring one of two coking units at its only refinery in California as the company seeks to run lighter crude at the plant.  More »

Chevron banks on Mideast oil for Calif. refinery

Chevron Corp. plans to run higher- sulfur Alaskan and Middle Eastern crudes when it completes work at Northern California’s largest refinery in 2016, not the Bakken oil helping spur the U.S. path to energy independence.  More »

Feds cites Chevron for explosion that killed woman

Chevron’s Pascagoula refinery has been fined $24,000 related to the November explosion and fire that left one employee dead, according to the Occupational Safety and Health Administration.  More »
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