Refining
ExxonMobil Baytown, Beaumont refineries begin fuels production
IRVING, Texas — ExxonMobil said that its Baytown and Beaumont refineries have begun producing fuels at reduced rates and that crude oil and refined product pipelines in the Gulf and other regions of Texas have restarted as recovery continues from Hurricane Harvey.
Phillips 66 to sell assets to MLP in $2.4-B deal
(Reuters) — Phillips 66 Partners LP, the master limited partnership (MLP) of Phillips 66, said it would buy assets from the refiner in a deal valued at $2.4 B, including debt, in its biggest acquisition ever.
Stormy weather exposes shortcomings of world's oil refineries
BRUSSELS/LONDON (Reuters) — Hurricane Harvey's crippling impact on US oil refinery operations this month and the challenge buyers faced in filling the gap in gasoline supplies has exposed a shortage of spare refining capacity around the globe.
EIA: Changing quality mix affecting crude oil price differentials, refining decisions
Growth in global liquid fuels supply since March 2017 has been driven by increases in the production of historically higher-priced light crude oils. This growth has more than offset recent declines in the production of medium and heavy crude oils. As these production trends continue, price differences between certain crude oils are narrowing, and refinery operation decisions are changing.
Energy contract lawsuits expected to jump in Harvey's wake
HOUSTON (Reuters) — Lawyers expect a spate of force majeure contract lawsuits after Hurricane Harvey tore through Southeast Texas and parts of Louisiana last month, paralyzing a fifth of US fuel output and pushing some oil production offline.
Russia set to pipe more oil to China, stepping up race with Saudis
BEIJING/MOSCOW (Reuters) — Chinese oil refineries are gearing up to receive more Russian oil transported through an expanded Siberian pipeline network from January, likely cementing Russia's position as China's largest oil supplier in a close race with Saudi Arabia.
Russia's Lukoil puts Italian refinery up for sale
LONDON (Reuters) — Lukoil is seeking to sell its ISAB oil refinery complex in Italy as part of the Russian firm's review of its overseas operations, two industry sources said on Wednesday.
Icahn's oil refiner CVR starts unwinding biofuels bet
NEW YORK (Reuters) — Carl Icahn’s refining company CVR Energy has begun buying biofuel credits for the first time in months, a sign the firm is starting to unwind a massive short position in the niche market, according to two sources familiar with the matter.
China's crackdown on excess may target oil refiners next
BEIJING (Reuters) — China’s oil refining and chemical sector, including coal-to-gas plants, may be the next target of Beijing’s campaign against overcapacity if it keeps expanding, said a government think-tank official on Wednesday.
ClearSign Texas refinery project successfully concludes operational testing
SEATTLE — ClearSign Combustion Corporation, a leading of industrial combustion technologies that deliver unmatched reduction of pollutant emissions while improving operational costs, announced that it had successfully completed the first installation of the Duplex Plug and Play, for industrial process heaters at a refinery in Texas.
- Lummus and Sumitomo Chemical announce commercial availability of PMMA chemical recycling technology 2/4
- ExxonMobil ceases production at Fife ethylene plant 2/4
- Vietnam's Binh Son refinery signs energy MoUs with U.S. partners 2/4
- European oil refinery maintenance to rise in March 2/4
- Poland's Gdansk refinery plans cyclical maintenance from month-end 2/4
- China's Nanshan Group plans 100,000-bpd refinery in Indonesia 2/4
