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refining

(Eric Kayne/Houston Chronicle)

LyondellBasell sells its Argentina business

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The Petroken Petroquimica Ensenada business that LyondellBasell is unloading is one of the largest polypropylene producers in Argentina with a 180-kiloton plant in the country.
Exxon Mobil's Beaumont refinery (Jake Daniels/The Enterprise)

Exxon to boost Beaumont refinery output by 20,000 barrels

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Exxon Mobil said the addition of another 20,000 barrels per day of capacity would be geared toward processing the types of lighter crude oils that are flowing from Texas’ and North Dakota’s shale wells.
(David Paul Morris/Bloomberg)

As it doubles profits, Valero eyes more ways to grow

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Valero more than doubled its profits in the second quarter as it ran its refineries at full throttle to soak up cheap oil and crank out higher priced gasoline and other refined products.
(Eric Kayne/Houston Chronicle)

LyondellBasell sees 13 percent increase in profits

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Lyondell is expecting to continue growing its earnings in the third quarter amid continued access to swells of cheap natural gas and natural gas liquids, which the company uses as feedstock to manufacture its chemicals.
(Photographer: Ty Wright/Bloomberg)

$2 gasoline on the way, but not until the fall

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Gasoline prices could tumble below $2 per gallon in some states, but drivers shouldn’t expect to see those deep discounts until the mid-fall when summer driving season ends, demand diminishes and expensive summer gasoline gets replaced with cheaper winter blends.
A worker at Valero Energy's refinery in Three Rivers, Texas, Oct. 12, 2012. Refining, once regarded as a low-margin, accident-prone part of the energy industry, is doing better in part because of cheaper natural gas and domestic crude oil. (Michael Stravato/The New York Times)

Deluge of refinery expansions run risk of cost overruns, delays, report finds

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More than 30 refining expansions worth $14 billion total are under development across the United States as the industry hustles to take advantage of the oil glut, according to a new analysis by Petrochemical Update, which analyzes construction trends for the industry.
A worker at Valero Energy's refinery in Three Rivers, Texas, Oct. 12, 2012. Refining, once regarded as a low-margin, accident-prone part of the energy industry, is doing better in part because of cheaper natural gas and domestic crude oil. (Michael Stravato/The New York Times)

Chemical plants and refineries hoping to hire laid off oil and gas engineers

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The global oil slump is striking the upstream sector at a critical moment for downstream companies as they scramble to address a growing problem of a lack of qualified middle-management workers rising through the ranks, according to a new analysis by executive search firm Proco Global.
Refineries expanding for the first time in years run the risk of cost overruns because they lack the in-house experience to manage the projects.

PBF Energy snaps up Gulf Coast refinery for $322 million

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PBF Energy on Thursday announced plans to spend $322 million to buy a refinery and pipelines outside of New Orleans in a deal that gives the company a new footprint in the booming Gulf Coast refining corridor.
(AP Photo/Gregory Bull)

Gas-guzzling U.S. drivers shock even analysts as refiners profit

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The thirst for fuel in the U.S. and abroad has been greater than analysts, including the EIA and Energy Aspects Ltd., estimated.
Categories: Gasoline
Screengrab of an infrared image captured by the National Oceanic and Atmospheric Administration of the tropical disturbance in the Gulf of Mexico, June 15, 2015. (NOAA)

Enterprise Products Partners evacuates three offshore platforms; other companies watching tropical storm closely

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Oil companies and refiners are keeping a close eye on a tropical disturbance in the Gulf of Mexico, but the storm hasn’t shut down operations or triggered evacuations of essential personnel.