Management
Phillips 66 Independent Board Director pens letter to shareholders regarding dispute with Elliott Investment Management
Phillips 66's Independent Board Director Bob Pease has written a letter to the company's shareholders regarding the dispute with Elliott Investment Management.
Shell unveils market strategy during Capital Markets Day
During Shell’s Capital Markets Day 2025, it unveiled the next steps in the execution of its strategy. Shell is strengthening its commitment to value creation and maintaining its focus on performance, discipline and simplification.
HP People
Pilot Chemical Co. names Graeme Biggin as VP of Growth and Innovation
Russia's idle oil refining capacity estimated up 50% in March from previous plan
Russia's offline primary oil refining capacity in March was revised up 49.7% from the initial plan for this month to 2.96 million metric tons amid drone attacks.
PBF Energy's Martinez refinery (California, U.S.) repairs to cost $30 million
Independent U.S. refiner PBF Energy said it is starting repairs at its fire-damaged 156,400-bpd Martinez refinery in California and estimates the cost of repairs to be $30 million.
LyondellBasell to lay off 86% of workforce at shuttered Houston refinery, filing shows
LyondellBasell will lay off 345 workers, or 86% of the workforce, at its shuttered Houston refinery on April 17, according to a filing with the Texas Workforce Commission.
Digital Feature: The reality of FuelEU in numbers
Today, many owners and managers are concerned with the EU Emissions Trading Scheme (ETS), designed to reduce emissions produced by shipping. However, the author's company's projections show that the impact of FuelEU will eclipse that of the ETS around 2035 and dwarf it beyond that. Business as usual is therefore no longer an option, and progressive decisions must be made to deal with this challenge.
Straight talk on fire risk assessments
For refineries, chemical plants, oil and gas pipelines and oil/gas exploration, fire and explosion hazards are omnipresent. Process hazard analysis (PHA) and fire risk assessments (FRAs) play a vital role in managing fire risk at an acceptable level. While there are various causes for fires and explosions, robust FRAs based on pragmatism and optimum allocation of resources could help minimize fire/explosion mishaps.
HP People
GTC Vorro Technology names Brian Pace as VP of Environmental Services
Chevron to lay off up to 20% of global workforce
Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said, as it seeks to cut costs, simplify its business and complete a major acquisition.
- Phillips 66 Independent Board Director pens letter to shareholders regarding dispute with Elliott Investment Management 3/28
- Russia increases fuel, diesel supply to Bolivia amid rising energy crisis 3/28
- Cenovus refinery in Ohio (U.S.) plans to shut multiple units for six weeks of work 3/28
- Motiva Texas refinery (U.S.) preparing second attempt to restart FCCU 3/27
- bp plans to sell its mobility and convenience business in Austria 3/27
- BASF starts up its first plant for recycled polyamide 6 3/27
