Refining
Chinese petrochemical company licenses technology from Honeywell UOP and ExxonMobil to produce premium fuels and high-quality base oils
Hainan Handi Sunshine is the first customer in China to license technology from the joint Honeywell UOP-ExxonMobil marketing alliance for premium fuels and lubes.
Irving Oil confirms agreement in place to acquire Whitegate refinery in Ireland
Irving Oil reached an agreement with Phillips 66 to acquire its Whitegate refinery located near Cork, Ireland.
Idemitsu family, in fight with management, buys Showa Shell shares to block acquisition
The founding family of Japan's Idemitsu Kosan Co. bought a stake in Showa Shell Sekiyu KK, in a bid to block Idemitsu management's billion-dollar plan to take over the rival oil refiner.
US investigation faults Tesoro in worker injuries
Workers injured in incidents between 2010 and 2014 at Tesoro Corp.'s San Francisco Bay-area refinery in Martinez, California were due to a weak safety culture.
Delta's refinery sacrifices profits for lower fuel cost
Delta Air Lines Inc. is flooding the New York market with jet fuel from its refinery, sacrificing refining profits in order to lower the carrier’s fuel costs.
Column: Valero blames excess winter production for US gasoline glut
The accumulation of gasoline stocks in the US has been driven by excess gasoline production rather than lack of demand, according to Valero, the largest independent refiner in the US.
Refiners and small fuel retailers disadvantaged by EPA biofuels program
US regulators should alter a much-debated biofuels program that disadvantages refiners and small fuel retailers.
Italian refiner Saras starts repaying Iranian oil debt
Italian oil refiner Saras has paid back part of the debt it owes Iran for cargoes of crude oil taken before sanctions were imposed on the country in 2012.
BP Whiting refinery reformer production cut for repairs
BP Plc. curtailed production on the reforming unit at their refinery in Whiting, Indiana, for repairs.
Amec Foster Wheeler wins Thai Oil’s Clean Fuel Project contract
Amec Foster Wheeler has been awarded a FEED contract by Thai Oil Public Company Ltd. for its Clean Fuel Project at the Sriracha Refinery in Thailand.
- U.S. labor board judge rules Exxon's Texas refinery union lockout was legal 11/28
- U.S. crude stocks fall, gasoline and distillate inventories rise 11/28
- Maersk could use 15%–20% alternative fuels for its fleet in 2030 11/28
- Germany's BSW pushes to restore Russian oil to Schwedt refinery, seeks regional legitimacy 11/28
- Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs 11/28
- Singapore distillates stocks tick up for fifth week 11/28