Gasoline
Conoco CEO to speak at US Senate hearing, says higher oil taxes would discourage investment
ConocoPhillips CEO Jim Mulva will appear on Thursday at a Senate Finance Committee hearing in Washington, D.C., where he says he will outline the negative effects of proposed tax policy targeting major energy companies.
Lower Mississippi River refineries, chemical plants prepare for possible flood disruptions
Refineries and nearby chemical plants along the lower Mississippi River are bracing for possible flooding in coming weeks as rising waters move downstream, raising fears over disruptions to US gasoline supply.
Shell opens first US pipeline-fed hydrogen fueling station for fuel-cell vehicles
Shell on Tuesday opened the first-ever US pipeline-fed hydrogen fueling station, using hydrogen, a West Coast pipeline system, and fueling technology from Air Products.
Oman awards contract to Chevron Lummus for Sohar refinery expansion
Oman Refineries and Petrochemicals Co. (ORPC) will use ISOCRACKING technology from Chevron Lummus Global as part of its Sohar refinery expansion project, seeking to boost margins and increase production.
API praises US House bill to restart US offshore leasing, calls for more domestic production
American Petroleum Institute executive vice president Marty Durbin said he supports the House Natural Resources Committee’s efforts to focus on the need to produce more of America’s oil and natural gas resources, which would create more jobs for workers and more revenue for government, the API says.
Total completes deep conversion at Port Arthur refinery, new units on-stream
Total on Thursday announced the completion of a three-year, $2.2 billion expansion of its Port Arthur refinery, with all new units successfully started and on-stream.
Rising US retail gasoline costs have yet to significantly dampen demand - report
Higher retail gasoline prices are not significantly changing the habits of US drivers, allowing demand to remain mostly flat on a year-on-year basis, according to data released this week from MasterCard Advisors’ SpendingPulse report.
Survey shows majority of offshore workers proud of industry, would recommend to friend
Despite soaring oil costs, the one-year anniversary of the Deepwater Horizon rig explosion and political unrest in the headlines, a clear majority of offshore oil and gas workers say they are proud to work in the industry and would recommend it to a friend, according to a new survey conducted by engineering consulting firm NES Global.
NuStar Energy buys South Texas refinery, terminal from AGE for $41 mn
NuStar Energy has closed on its purchase of certain refining and terminal assets of bankrupt firm AGE Refining for $41 mn excluding net working capital. The deal includes a refinery in San Antonio, Texas.
China’s Sinopec to cut fuel exports, lower chemical plant operating rates
Chinese refiner Sinopec will reduce fuel exports and lower chemical plant operating rates in order to increase domestic refined oil products supply, the company said on Tuesday.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21