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Gasoline

Update on dire refining situation in Japan

The 8.9 magnitude earthquake that struck Japan on March 11th has caused considerable interruption to oil refinery operations in the country. Hydrocarbon Processing’s Boxscore Database has complied data indicating that with a total of 28 oil refineries, Japan is the second largest refining country after China in the Asia-Pacific region.

Japan's refining industry partially closed

Chaos continues as bleak news from Japan streams in from devastated areas

Refinery margins may increase on heels of disaster

Profits from gasoil production in Asia may surged to the highest in 2 ½ years, and fuel oil’s loss narrowed the most in a month after Japan’s biggest earthquake knocked out power plants and refineries, according to Bloomberg online article

Canadian oil association supports oil sands monitoring

The Canadian Association of Petroleum Producers supports a robust environmental monitoring system in the oil sands region of northern Alberta.

Foster Wheeler aiding with design of waste plastics to liquid fuels plant in Ireland

Foster Wheeler AG announced today that its Global Engineering and Construction Group has been awarded a contract by Cynar Plc to provide basic process engineering design services for a 6,000 tpy plant to convert non-recyclable waste plastics into liquid fuels, primarily diesel.

Monster quake wreaks havoc on Japan’s refining industry

An 8.9-magintude earthquake caused catastrophic damage to Japan’s northern Pacific coast on March 10.

Oil sands quite an opportunity for Canada and the US

A next generation of oil sands development in Canada is set to emerge amid rising world demand for energy resources, according to Imperial Oil CEO Bruce March. March’s remarks were captured during the annual IHS CERA executive conference in Houston, Texas.

Valero confirms purchase of Chevron's Pembroke refinery and other assets

Valero Energy announced today that it has agreed to acquire Chevron's Pembroke refinery in Wales, UK, as well as extensive marketing and logistics assets throughout the UK and Ireland, for $730 million, excluding working capital.

Eni unveils strategic plan

Eni today presented the company's 2011-2014 strategic plan to the financial community in London. In the new plan, Eni confirms a high production growth, the consolidation of its leadership in the Italian and European gas markets, and an ambitious cost reduction program aimed at recovering profitability in R&M.

CERAWeek 2011 begins in Houston today

In Houston, Texas, energy executives worldwide have gathered for the 30th CERAWEEK conference.